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Manufacturing resilient to Delta

August 25, 2021 | Press

FOR IMMEDIATE RELEASE

MONTREAL, QC, August 25, 2021 (Press Release) – Numera today released the latest update of its Global Manufacturing Tracker, which reveals manufacturing output remains resilient to the Delta wave of infections.

After contracting 0.8% month-over-month in May, global factory output rebounded in June, rising 1.1%. Inflationary pressures eased somewhat in June, but remain elevated by historical standards. Global PPI inflation came in at 11% annualized, versus 20%+ over the 3 previous months.

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Global manufacturing normalizing

July 27, 2021 | Press

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MONTREAL, QC, July 27, 2021 (Press Release) – Numera today released the latest update of its Global Manufacturing Tracker, which reveals manufacturing output is normalizing into mid-2021.

Worldwide factory output fell 1% in May, with production edging down in most region, owing to new COVID outbreaks and substitution towards contact services in countries with a high vaccine coverage. Despite weakening demand, inflationary pressures continued to build, with elevated commodity inflation lifting global producer prices by a staggering 21% SAAR in May. Our latest estimates point to growth resuming at a moderate pace in June and July, with the overall output gap remaining positive but stable.

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Growth in manufacturing output eased in H1

June 29, 2021 | Press

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MONTREAL, QC, June 29, 2021 (Press Release) – Numera today released the latest update of its Global Manufacturing Tracker, which reveals manufacturing output continued to expand into the second quarter.

Global manufacturing activity grew 3.5% annualized in H1, well above its long-term trend but not enough to satisfy booming demand for both consumer and investment goods. Capacity constraints have caused a run-up in global producer prices, up 14% annualized in April. Rising mobility should cause expenditure patterns to normalize over the next 12M, thereby reducing pressure on global supply chains

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Global manufacturing growth continued in Q2

May 31, 2021 | Press

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MONTREAL, QC, May 31, 2021 (Press Release) – Numera today released the latest update of its Global Manufacturing Tracker, which reveals manufacturing output continued to expand into the second quarter.  Read More

Global manufacturing recovered in March

April 27, 2021 | Press

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MONTREAL, QC, April 27, 2021 (Press Release) – Numera today released the latest update of its Global Manufacturing Tracker, which reveals factory output recovered in March as US factories normalized operating following severe winter storms in February.

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Temporary pullback in world manufacturing output

March 29, 2021 | Press

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MONTREAL, QC, March 29, 2021 (Press Release) – Numera today released the latest update of its Global Manufacturing Tracker, which reveals factory output experienced a pullback in early 2021, which we expect to be temporary.

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World manufacturing continues to expand in early 2021

February 25, 2021 | Press

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MONTREAL, QC, February 25, 2021 (Press Release) – Numera today released the latest update of its Global Manufacturing Tracker, which reveals factory output continues to expand well above trend despite very low away-from-home traffic.

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World manufacturing remains resilient as 2021 begins

January 21, 2021 | Press

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MONTREAL, QC, January 21, 2021 (Press Release) – Numera today released the latest update of its Global Manufacturing Tracker, which shows factory output remains resilient to the second wave. World manufacturing expanded 0.6% MoM in November, in line with last month’s advance estimate, as factories were largely spared from tightened control measures at the consumer level.

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World manufacturing production nearing a standstill

December 18, 2020 | Press

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MONTREAL, QC, December 18, 2020 (Press Release) – Numera’s advance estimates for global manufacturing reconfirm growth is coming to a standstill. While prospects of mass vaccinations have improved the economic outlook for 2021, public health risks remain elevated in much of the Northern hemisphere. Our revised estimate for November reveals growth in factory output of 0.7% MoM (+0.8% YoY), considerably weaker than the 1.2% average pace of growth recorded over the three previous months. Output growth will likely weaken further in December as most developed economies maintain lockdown measures.

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Global manufacturing slowing to a halt

November 23, 2020 | Press

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MONTREAL, QC, November 23, 2020 (Press Release) – Numera’s advance estimates for world manufacturing point towards a significant slowdown in Q4 factory output amid rising infection rates and declining mobility in advanced economies. Our revised estimate for October points to growth of 0.8% MoM (-0.2% YoY), as the recovery likely halted in countries experiencing a ‘second wave’. Our advance estimate for November reveals a 40% chance of contraction this month, with the most likely outcome being factory output slowing to a standstill. This rapid deceleration again reflects weakening activity among countries re-imposing lockdown rules.

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