Following our article last week (see https://www.mta.org.uk/resources/purchasing-managers%E2%80%99-index-5) we now have the missing data that was published over the Easter weekend. The Global Purchasing Managers’ Index (PMI) for manufacturing produced by J P Morgan using the data from IHS Markit came in at 55.0 (although not all the countries were included in this because of the publishing delays), its highes
The March edition of the MTA Business Survey has been running for just over a week now and we would encourage all MTA members to take a couple of minutes to participate in this survey - you can do this by using the on-line form which is available at www.mta.org.uk/mta-business-survey-mar21 or if you prefer we can send you a word version - for this, please contact Geoff Noon at MTA (e-mail: gnoon@m
The latest edition of the Toolbox from CECIMO (the European group for associations representing machine tool manufacturers) largely covers data up to the 4th quarter of 2020, although the trade data is not yet available to this point.
The Toolbox is structured around 5 themes covering data for the machine tool industry, demand, investment, the business climate and general economic indicators.
On Friday 16th April, CELIMO - the group of European associations representing importers/distributors of manufacturing technology - will hold its Spring Economic Update Webinar. This will take a look at the current situation in Europe focusing mainly on the outcomes for 2020 and the prospects for the coming year across the region.
Organisers of EMO MILANO are confident the event will run as scheduled and they are very optimistic that by October, due to worldwide vaccination campaigns, movement of people will be allowed and lighter restrictions will be in place for industrial exhibitions.
Indian economy has been recovering from the aftereffects of the pandemic and is projected to grow at 12.5% during the year 2021-22 as per IMF estimates.
However, the recent spike of Covid cases during the month of March in multiple regions has brought considerable concern. As requested by member companies and exhibitors of IMTEX, IMTMA has decided to reschedule the IMTEX dates from June 2021 to January 2022 along with IMTEX FORMING.
Because of the publishing schedule we don’t yet have the PMI’s for the Americas, or for India and the ASEAN region as these two are not published until next week. As a result, the global manufacturing PMI is not complete, so we will focus on the data that we do have - in all cases this refers to the PMI for the manufacturing sector.