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AI investments surge in Saudi Arabia and UAE, despite supply chain challenges

A new analysis by S&P Global Market Intelligence reveals that Saudi Arabia and the UAE are accelerating their investments in AI and semiconductor capabilities to boost their technology sectors. 

Global manufacturing decline: Five major insights from July’s PMI report

Global manufacturing experienced a notable decline in July, according to the latest PMI survey data released by S&P Global Market Intelligence.

March sees surge in global manufacturing output – JP Morgan PMI report

In a promising sign for the global economy, March witnessed a robust acceleration in the rate of growth in manufacturing production, reaching its highest level since June 2022, driven by a surge in new orders.

Eurozone manufacturing remains ‘in troubled waters’ in March— S&P Global

The health of the Eurozone’s manufacturing industry reached a four-month low in March with the S&P Global Eurozone Manufacturing PMI reporting a 47.3 rating, down from February’s 48.5. 

US private sector’s output drives fastest uptick in business activity in a year

The United States private sector saw a renewed expansion in business activity in March as manufacturers and service providers in the country reported upturns in output, with service sector firms driving the increase. 

US manufacturing sector sees fastest PMI deterioration in December

US manufacturers have seen a steep decline in the health of the industry during the last month of 2022, according to the latest PMI...

Eurozone’s final manufacturing PMI in 2022 rises to 3-month high

Eurozone’s manufacturing sector has eased up further in the last month of 2022 following softer inflationary pressures and more stable supply-chain conditions created some respite for goods producers. 

Eurozone’s composite output eases in December amid improved supply

Eurozone’s PMI Composite Output Index saw a significant increase for the second consecutive month, increasing from November’s 47.8 to a four-month high of 48.8. 

European manufacturing slips to record lows in October

The eurozone’s manufacturing industry slipped further into contraction territory in October, declining to 46.4— the lowest level since May 2020. 
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AI & Manufacturing Month with Australian Manufacturing

As industries around the globe embrace the digital revolution, artificial intelligence (AI) is rapidly transforming the manufacturing landscape.Â