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TARIFFS BITE: NORTH AMERICAN AND ASIAN MANUFACTURERS RETRENCH IN APRIL, WITH GLOBAL MATERIAL PURCHASES DOWN AT ACCELERATED PACE: GEP GLOBAL SUPPLY CHAIN VOLATILITY INDEX
TARIFFS BITE: NORTH AMERICAN AND ASIAN MANUFACTURERS RETRENCH IN APRIL, WITH GLOBAL MATERIAL PURCHASES DOWN AT ACCELERATED PACE: GEP GLOBAL SUPPLY CHAIN VOLATILITY INDEX

Yahoo

time13-05-2025

  • Business
  • Yahoo

TARIFFS BITE: NORTH AMERICAN AND ASIAN MANUFACTURERS RETRENCH IN APRIL, WITH GLOBAL MATERIAL PURCHASES DOWN AT ACCELERATED PACE: GEP GLOBAL SUPPLY CHAIN VOLATILITY INDEX

The steep fall in global manufacturers' purchases signals a likely production slowdown in the near future North America factories respond to tariffs by buying less inputs and aggressively stockpiling Purchasing activity by Asian manufacturers at its weakest since Dec. 2023 as demand slumps across the region's key exporting hubs Bright spot: Europe's industrial recession is finally coming to an end as spare capacity shrinks further CLARK, N.J., May 13, 2025 /PRNewswire/ -- GEP Global Supply Chain Volatility Index — a leading indicator tracking demand conditions, shortages, transportation costs, inventories, and backlogs based on a monthly survey of 27,000 businesses — indicated an accelerated reduction in global manufacturers' demand for inputs (raw materials, components and commodities) in April, signaling a broad-based contraction in purchasing activity by region. April's drop in buying across global manufacturers was the sharpest of 2025 to date—specifically in North America and to a lesser extent Asia—as manufacturers scale back in anticipation of weakening future demand as a direct result of tariffs. "The first blows of the tariff war have landed on global manufacturers. Stockpiling is accelerating at a concerning rate and the first signs of manufacturers anticipating slower demand and supply shortages have emerged." said John Piatek, vice president, consulting GEP. REGIONAL SUPPLY CHAIN VOLATILITY: NORTH AMERICAN MANUFACTURERS RAISE SAFETY STOCK TO BLUNT TARIFFS NEAR-TERM IMPACT North American manufacturers sharply increased inventory buffers in April, warehousing front-loaded Q1 purchases in response to rising tariff concerns and a renewed focus on supply chain resilience. SPARE CAPACITY RISES ACROSS ASIA Spare capacity across Asian supply chains increased significantly in April as factory slowdowns were evident in many of the region's major markets, led by China, Taiwan and South Korea. In Europe, there were further signs that the continent's industrial downturn was cooling. Supply chain capacity went underutilized to the smallest degree in ten months, reflecting growth in Germany and France, though risks remain if global trade conditions worsen. The U.K. once again recorded significant manufacturing weakness, with supplier activity down at a rate which has rarely been surpassed in 20 years of data availability. Interpreting the data:Index > 0, supply chain capacity is being stretched. The further above 0, the more stretched supply chains < 0, supply chain capacity is being underutilized. The further below 0, the more underutilized supply chains are. For more information, visit Note: Full historical data dating back to January 2005 is available for subscription. Please contact economics@ The next release of the GEP Global Supply Chain Volatility Index will be 8 a.m. ET, Jun. 11, 2025. About the GEP Global Supply Chain Volatility Index The GEP Global Supply Chain Volatility Index is produced by S&P Global and GEP. It is derived from S&P Global's PMI® surveys, sent to companies in over 40 countries, totaling around 27,000 companies. The headline figure is a weighted sum of six sub-indices derived from PMI data, PMI Comments Trackers and PMI Commodity Price & Supply Indicators compiled by S&P Global. A value above 0 indicates that supply chain capacity is being stretched and supply chain volatility is increasing. The further above 0, the greater the extent to which capacity is being stretched. A value below 0 indicates that supply chain capacity is being underutilized, reducing supply chain volatility. The further below 0, the greater the extent to which capacity is being underutilized. A Supply Chain Volatility Index is also published at a regional level for Europe, Asia, North America and the U.K. For more information about the methodology, click here. About GEP GEP® delivers AI-powered procurement and supply chain solutions that help global enterprises become more agile and resilient, operate more efficiently and effectively, gain competitive advantage, boost profitability and increase shareholder value. Headquartered in Clark, New Jersey, GEP has offices and operations centers across Europe, Asia, Africa and the Americas. To learn more, visit About S&P Global S&P Global (NYSE: SPGI) S&P Global provides essential intelligence. We enable governments, businesses and individuals with the right data, expertise and connected technology so that they can make decisions with conviction. Media ContactsDerek CreeveyEmail: Director, Public Relations Joe Hayes GEP Principal EconomistPhone: +1 646-276-4579 S&P Global Market IntelligenceEmail: Phone: +44-1344-328-099 View original content: SOURCE GEP

TARIFFS BITE: NORTH AMERICAN AND ASIAN MANUFACTURERS RETRENCH IN APRIL, WITH GLOBAL MATERIAL PURCHASES DOWN AT ACCELERATED PACE: GEP GLOBAL SUPPLY CHAIN VOLATILITY INDEX
TARIFFS BITE: NORTH AMERICAN AND ASIAN MANUFACTURERS RETRENCH IN APRIL, WITH GLOBAL MATERIAL PURCHASES DOWN AT ACCELERATED PACE: GEP GLOBAL SUPPLY CHAIN VOLATILITY INDEX

Cision Canada

time13-05-2025

  • Business
  • Cision Canada

TARIFFS BITE: NORTH AMERICAN AND ASIAN MANUFACTURERS RETRENCH IN APRIL, WITH GLOBAL MATERIAL PURCHASES DOWN AT ACCELERATED PACE: GEP GLOBAL SUPPLY CHAIN VOLATILITY INDEX

The steep fall in global manufacturers' purchases signals a likely production slowdown in the near future North America factories respond to tariffs by buying less inputs and aggressively stockpiling Purchasing activity by Asian manufacturers at its weakest since Dec. 2023 as demand slumps across the region's key exporting hubs Bright spot: Europe's industrial recession is finally coming to an end as spare capacity shrinks further CLARK, N.J., May 13, 2025 /CNW/ -- GEP Global Supply Chain Volatility Index — a leading indicator tracking demand conditions, shortages, transportation costs, inventories, and backlogs based on a monthly survey of 27,000 businesses — indicated an accelerated reduction in global manufacturers' demand for inputs (raw materials, components and commodities) in April, signaling a broad-based contraction in purchasing activity by region. April's drop in buying across global manufacturers was the sharpest of 2025 to date—specifically in North America and to a lesser extent Asia—as manufacturers scale back in anticipation of weakening future demand as a direct result of tariffs. "The first blows of the tariff war have landed on global manufacturers. Stockpiling is accelerating at a concerning rate and the first signs of manufacturers anticipating slower demand and supply shortages have emerged." said John Piatek, vice president, consulting GEP. NORTH AMERICAN MANUFACTURERS RAISE SAFETY STOCK TO BLUNT TARIFFS NEAR-TERM IMPACT North American manufacturers sharply increased inventory buffers in April, warehousing front-loaded Q1 purchases in response to rising tariff concerns and a renewed focus on supply chain resilience. SPARE CAPACITY RISES ACROSS ASIA Spare capacity across Asian supply chains increased significantly in April as factory slowdowns were evident in many of the region's major markets, led by China, Taiwan and South Korea. In Europe, there were further signs that the continent's industrial downturn was cooling. Supply chain capacity went underutilized to the smallest degree in ten months, reflecting growth in Germany and France, though risks remain if global trade conditions worsen. The U.K. once again recorded significant manufacturing weakness, with supplier activity down at a rate which has rarely been surpassed in 20 years of data availability. Interpreting the data: Index > 0, supply chain capacity is being stretched. The further above 0, the more stretched supply chains are. Index < 0, supply chain capacity is being underutilized. The further below 0, the more underutilized supply chains are. For more information, visit Note: Full historical data dating back to January 2005 is available for subscription. Please contact [email protected]. The next release of the GEP Global Supply Chain Volatility Index will be 8 a.m. ET, Jun. 11, 2025. About the GEP Global Supply Chain Volatility Index The GEP Global Supply Chain Volatility Index is produced by S&P Global and GEP. It is derived from S&P Global's PMI® surveys, sent to companies in over 40 countries, totaling around 27,000 companies. The headline figure is a weighted sum of six sub-indices derived from PMI data, PMI Comments Trackers and PMI Commodity Price & Supply Indicators compiled by S&P Global. A value above 0 indicates that supply chain capacity is being stretched and supply chain volatility is increasing. The further above 0, the greater the extent to which capacity is being stretched. A value below 0 indicates that supply chain capacity is being underutilized, reducing supply chain volatility. The further below 0, the greater the extent to which capacity is being underutilized. A Supply Chain Volatility Index is also published at a regional level for Europe, Asia, North America and the U.K. For more information about the methodology, click here. About GEP GEP® delivers AI-powered procurement and supply chain solutions that help global enterprises become more agile and resilient, operate more efficiently and effectively, gain competitive advantage, boost profitability and increase shareholder value. Headquartered in Clark, New Jersey, GEP has offices and operations centers across Europe, Asia, Africa and the Americas. To learn more, visit S&P Global (NYSE: SPGI) S&P Global provides essential intelligence. We enable governments, businesses and individuals with the right data, expertise and connected technology so that they can make decisions with conviction. SOURCE GEP

TARIFFS BITE: NORTH AMERICAN AND ASIAN MANUFACTURERS RETRENCH IN APRIL, WITH GLOBAL MATERIAL PURCHASES DOWN AT ACCELERATED PACE: GEP GLOBAL SUPPLY CHAIN VOLATILITY INDEX
TARIFFS BITE: NORTH AMERICAN AND ASIAN MANUFACTURERS RETRENCH IN APRIL, WITH GLOBAL MATERIAL PURCHASES DOWN AT ACCELERATED PACE: GEP GLOBAL SUPPLY CHAIN VOLATILITY INDEX

Yahoo

time13-05-2025

  • Business
  • Yahoo

TARIFFS BITE: NORTH AMERICAN AND ASIAN MANUFACTURERS RETRENCH IN APRIL, WITH GLOBAL MATERIAL PURCHASES DOWN AT ACCELERATED PACE: GEP GLOBAL SUPPLY CHAIN VOLATILITY INDEX

The steep fall in global manufacturers' purchases signals a likely production slowdown in the near future North America factories respond to tariffs by buying less inputs and aggressively stockpiling Purchasing activity by Asian manufacturers at its weakest since Dec. 2023 as demand slumps across the region's key exporting hubs Bright spot: Europe's industrial recession is finally coming to an end as spare capacity shrinks further CLARK, N.J., May 13, 2025 /CNW/ -- GEP Global Supply Chain Volatility Index — a leading indicator tracking demand conditions, shortages, transportation costs, inventories, and backlogs based on a monthly survey of 27,000 businesses — indicated an accelerated reduction in global manufacturers' demand for inputs (raw materials, components and commodities) in April, signaling a broad-based contraction in purchasing activity by region. April's drop in buying across global manufacturers was the sharpest of 2025 to date—specifically in North America and to a lesser extent Asia—as manufacturers scale back in anticipation of weakening future demand as a direct result of tariffs. "The first blows of the tariff war have landed on global manufacturers. Stockpiling is accelerating at a concerning rate and the first signs of manufacturers anticipating slower demand and supply shortages have emerged." said John Piatek, vice president, consulting GEP. REGIONAL SUPPLY CHAIN VOLATILITY: NORTH AMERICAN MANUFACTURERS RAISE SAFETY STOCK TO BLUNT TARIFFS NEAR-TERM IMPACT North American manufacturers sharply increased inventory buffers in April, warehousing front-loaded Q1 purchases in response to rising tariff concerns and a renewed focus on supply chain resilience. SPARE CAPACITY RISES ACROSS ASIA Spare capacity across Asian supply chains increased significantly in April as factory slowdowns were evident in many of the region's major markets, led by China, Taiwan and South Korea. In Europe, there were further signs that the continent's industrial downturn was cooling. Supply chain capacity went underutilized to the smallest degree in ten months, reflecting growth in Germany and France, though risks remain if global trade conditions worsen. The U.K. once again recorded significant manufacturing weakness, with supplier activity down at a rate which has rarely been surpassed in 20 years of data availability. Interpreting the data:Index > 0, supply chain capacity is being stretched. The further above 0, the more stretched supply chains < 0, supply chain capacity is being underutilized. The further below 0, the more underutilized supply chains are. For more information, visit Note: Full historical data dating back to January 2005 is available for subscription. Please contact economics@ The next release of the GEP Global Supply Chain Volatility Index will be 8 a.m. ET, Jun. 11, 2025. About the GEP Global Supply Chain Volatility Index The GEP Global Supply Chain Volatility Index is produced by S&P Global and GEP. It is derived from S&P Global's PMI® surveys, sent to companies in over 40 countries, totaling around 27,000 companies. The headline figure is a weighted sum of six sub-indices derived from PMI data, PMI Comments Trackers and PMI Commodity Price & Supply Indicators compiled by S&P Global. A value above 0 indicates that supply chain capacity is being stretched and supply chain volatility is increasing. The further above 0, the greater the extent to which capacity is being stretched. A value below 0 indicates that supply chain capacity is being underutilized, reducing supply chain volatility. The further below 0, the greater the extent to which capacity is being underutilized. A Supply Chain Volatility Index is also published at a regional level for Europe, Asia, North America and the U.K. For more information about the methodology, click here. About GEP GEP® delivers AI-powered procurement and supply chain solutions that help global enterprises become more agile and resilient, operate more efficiently and effectively, gain competitive advantage, boost profitability and increase shareholder value. Headquartered in Clark, New Jersey, GEP has offices and operations centers across Europe, Asia, Africa and the Americas. To learn more, visit About S&P Global S&P Global (NYSE: SPGI) S&P Global provides essential intelligence. We enable governments, businesses and individuals with the right data, expertise and connected technology so that they can make decisions with conviction. Media ContactsDerek CreeveyEmail: Director, Public Relations Joe Hayes GEP Principal EconomistPhone: +1 646-276-4579 S&P Global Market IntelligenceEmail: Phone: +44-1344-328-099 View original content to download multimedia: SOURCE GEP View original content to download multimedia: Sign in to access your portfolio

Michael Jackson Scores A Bestseller In America — Even As Sales Fall
Michael Jackson Scores A Bestseller In America — Even As Sales Fall

Forbes

time03-05-2025

  • Entertainment
  • Forbes

Michael Jackson Scores A Bestseller In America — Even As Sales Fall

Michael Jackson's Thriller is once again a top seller on vinyl and on the pure sales chart, despite ... More weekly sales falling more than 12%. VARIOUS, VARIOUS - JUNE 25: **IMAGE RESTRICTED - NOT AVAILABLE FOR USE IN A NORTH AMERICAN MAGAZINE COVER UNTIL JULY 11, 2009** Michael Jackson performs in concert circa 1995. (Photo by Kevin Mazur/WireImage) Even if Thriller by Michael Jackson never appeared on a Billboard chart again, it would still likely forever be remembered as one of the most successful albums of all time. Since its release, the title has become a constant bestseller and a must-own on vinyl. It was a true blockbuster when it was first unveiled decades ago —the kind seen only once in a generation – and it remains one to this day. Fans have never stopped listening to Thriller in the years since it arrived. After disappearing from a handful of Billboard tallies only recently, the album is back once again. Just a few days ago, Thriller surged and is now a bestseller once more – even though it's not technically selling as well as it did just last week. Jackson's classic lives on five Billboard tallies at the moment, and the album returns to two charts this frame — ones dedicated solely to pure purchases for full-lengths — as it once again ranks among the bestselling releases in America. Amazingly, Thriller is a top 20 success on both rankings. Jackson's masterpiece nearly reenters the top 10 on the Vinyl Albums chart, breaking back in at No. 12, just beneath that tier. It also lands once again at No. 18 on the Top Album Sales tally. These placements are especially impressive considering the fact that Thriller is actually down in terms of pure sales. Two weeks ago, the project sold just under 3,700 copies, according to Luminate. Last week, it moved a little more than 3,200 — a 12% drop week-over-week. And yet, it still manages to blast back onto the two lists after Record Store Day releases vacated dozens of spots, opening up real estate for time-tested favorites to return. Despite being one of the bestselling releases of all time, Thriller has never managed to reach the highest position on the Top Album Sales chart, Billboard's list of the bestselling projects in the country. In the 447 frames it's been present on the list, it has thus far peaked at No. 2 — though it has conquered the Vinyl Albums roster. It's worth mentioning, though, that when Thriller was new, the Billboard 200 – the main albums tally – was not built using a consumption methodology, but rather around pure purchases. So, for quite some time, Jackson's behemoth was the bestselling release in the country. The same hit-packed set also appears on another trio of consumption-based rankings this week. Though it drops on all three, Thriller still manages to find space on the Top R&B Albums (No. 13) and Top R&B/Hip-Hop Albums charts (No. 42), as well as the Billboard 200 (No. 126).

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