U.S. factory activity in March was weakest since 2009: IHS Markit; UK manufacturing hit by sharp contraction; Eurozone manufacturing PMI slumps to 92-month low in March; Global Manufacturing Data Shows Pandemic Impact. #usfactory #usmanufacturing #ukmanufacturing #mrpeasy #manufacturing #mrpsystem #mrpsoftware #mrp #erp

1. WEEK 14 IN MANUFACTURING
NEWS

2. U.S. factory activity in March was weakest since 2009: IHS Markit; UK
manufacturing hit by sharp contraction; Eurozone manufacturing PMI slumps to
92-month low in March; Global Manufacturing Data Shows Pandemic Impact.

3. Data firm IHS Markit said its final U.S. manufacturing Purchasing Managers’ Index fell to a
reading of 48.5 this month, the lowest reading since August 2009. That was a downward
revision from the ‘flash’ figure of 49.2 reported last week and lower than 50.7 reported in
February. It blamed the drop on “widespread supply shortages linked to the COVID-19
pandemic.”
Source: Reuters.
U.S. factory activity in March was weakest
since 2009: IHS Markit

4. UK manufacturing activity dropped significantly in March following the outbreak of
coronavirus, according to a closely watched survey that showed output and new orders in
the sector fell at the fastest rate since 2012.
The IHS Markit / Cips final manufacturing purchasing managers’ index, which surveys
business leaders in the sector, fell to 47.8, a three-month low and down from 51.7 in
February. Any reading below 50 indicates the majority of respondents reported a
contraction in activity.
Source: Financial Times.
UK manufacturing hit by sharp contraction

5. The IHS Markit eurozone manufacturing purchasing managers index fell in March to 44.5
from 49.2 in February. That’s the lowest reading in 92 months but wasn’t a surprise as the
flash estimate was 44.8.
Source: MarketWatch.
Eurozone manufacturing PMI slumps to
92-month low in March

6. • U.S. manufacturing purchasing orders show steep contraction in March
• Eurozone manufacturing index falls most in 8 years
• IMF calls for $2.5 trillion for emerging markets
Source: Investopedia.
Global Manufacturing Data Shows
Pandemic Impact

8. https://manufacturing-software-blog.mrpeasy.com/week-14-in-
manufacturing-news-2/
https://www.mrpeasy.com/