Recently, the China Logistics and Procurement Federation announced data. In October, the global manufacturing PMI fell below 50%, and for the first time since July 2020 to less than 50%. Analysis shows that the current downward trend of global economy is basically determined, and the pressure of global economic shrinkage has increased.
Multiple factories have discontinued production and holidays
A few days ago, a factory in Dongguan issued the "Spring Festival 2023" in advance notifications that the company decided to let the Spring Festival leave in advance for a total of 100 days due to special reasons such as domestic and even global environment.
In addition, an enterprise in Jiangsu stated that due to the global economic downturn, the industrial chain has been greatly impacted and the orders have decreased sharply. Therefore, from October 1st, it has taken turns to operate. From October 8th to October 31st, November 1st-November 20th, November 21-December 15th, work vacations.
There are many such affected factories in the Pearl River Delta. A stainless steel company in Foshan, Guangdong stated that due to the impact of the epidemic, customers' orders decreased sharply. They decided to start vacation on November 1st and notify the work hours after the year.
A paper board factory of the Pearl River Delta announced that the market demand has dropped sharply and the production cost increases. It was decided to stop labor from September 23-December 31.
At present, due to the repeated impact of the epidemic and the continuous tightening of the external environment, the traditional economic growth points have been restricted, the enterprise expects uncertainty to increase, small and medium -sized enterprises are facing difficulties in demand, inadequate order, lack of sales, poor sales, and arrears of accounts. In September, the market index was 80.2, a decrease of 0.3 points month -on -month, and at the low position of the eight sub -indexes.
Taking the textile industry as an example, the recent survey of the China Textile Import and Export Chamber of Commerce showed that 26%of the companies said that the number of customer orders was more than 30%; more than 90%of companies said In the quarter, 13%of companies have stated that the orders are seriously insufficient and can only maintain production within one month.
In this regard, the deputy director of the Social Responsibility Office of the China Textile Industry Federation said: "98%of this industry is a small and medium -sized enterprise, and the business and previous years are indeed bleak, especially the business market is the doorke."
The demand for orders in the United States has weakened significantly
Since the beginning of this year, the development environment at home and abroad has not improved significantly, the economic downlink pressure is still large, the market expects unstable, and the company's confidence in future development is poor.
Due to the decline in orders and prices for the first time in more than two years, the S & P released the initial value of PMI in the US Markit manufacturing industry in October in October, a new low since June 2020. It has fallen out for the first time in the past two years.
In this regard, the American Society of Supply Management said that the US manufacturing index fell by 0.7 to 50.2, which was slightly higher than the expectations of analysts and barely reached the threshold of the growth of 50.
The person in charge of the manufacturing investigation of the Supply Management Society stated in the statement: "The US manufacturing industry is still expanding, but the growth rate is the lowest since the new crown epidemic."
The person in charge also pointed out that as the demand for new orders in the past five months has weakened, the results of the October survey showed that companies are preparing for future demand.
The survey report shows that some interviewees say that the threat of economic recession is increasing, making many customers "significantly" slow down order requirements.
New German orders continue to decrease
Recently, S & P released data around the world. The initial value of the manufacturing PMI (purchasing manager index) in October in Germany was 45.7, a 28 -month low, and the final value of September was 47.8; The final value of September is 45; the initial PMI initial value is 44.1, a new low of 29 months, and the final value of September is 45.7.
The report shows that the German economic recession accelerates in the first month of the fourth quarter. In the context of high energy prices bring negative effects on cost and demand, economic activities have decreased for 4 consecutive months, and the speed of decline has intensified. The expectations of enterprises are still extremely negative, reflecting concerns about the continuous pressure of high inflation, rising interest rates, and expected economic recession expectations.
According to data released by the German Federal Bureau of Statistics, due to the significant reduction of new foreign orders from the previous quarter, after the season and working days were adjusted, the new German industry orders in September this year decreased by 4.0%month -on -month.
Data show that in September, Germany's new domestic orders increased by 0.5%month -on -month, and new foreign orders decreased by 7.0%month -on -month. Among them, the new orders from the euro zone decreased by 8.0%month -on -month, and new orders from the euro zone decreased by 6.3%month -on -month.
The German Federal Economic and Climate Protection issued a statement on the same day that due to high energy prices, and this high price is increasingly passed on to terminal consumers, German industrial economic prospects are still dim.
Faced with global issues such as epidemic influence, commodity fluctuations, inflation, and debt crisis, experts suggested that countries need to respond together to deepen economic cooperation in various fields to enhance the global industrial chain and supply chain toughness in order to achieve a stable recovery of the world economy. Essence
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