Business View Magazine - Dec 2023

Weakness in demand for raw materials, components and commodities continued in November, although the global slump in purchasing activity did ease, primarily because of North America, which seems to be well past the peak of its manufacturing industry downturn, GEP said. In fact, output and new orders at intermediate goods makers in the U.S. — which includes chemicals, metals, electronic components and electrical equipment manufacturers— improved in November. OPENING LINES Source- www.supplychainquarterly.com, Supply Chain Quarterly Staff writers, First Published Dec 20th, 2023 The North American manufacturing sector appears to have rebounded from an economic rut, even as manufacturers in other regions of the world continue to be mired in weak conditions, according to a report from the New Jersey-based procurement and supply chain solutions provider GEP. NORTH AMERICAN MANUFACTURERS OUTPERFORMED REST OF WORLD IN NOVEMBER 11 BUSINESS VIEW MAGAZINE VOLUME 10, ISSUE 12