Global Manufacturing Continues to Expand; Reaches 104% Pre-Pandemic Rates of Activity
Global manufacturing data set ...
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Global Manufacturing Community at 102% of Pre-Pandemic Rates of Activity
Global manufacturing data set ...
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U.S. Manufacturers Exceed Pre-Pandemic Levels of Production Activity
The U.S. manufacturing industry reached a significant milestone last week as manufacturers surpassed pre-COVID-19 rates of activity for the first time since the effects of the pandemic took hold in early March. Romania also exceeded its pre-pandemic rates of activity as of last week, while average activity in Europe continued to climb. China saw another week of growth as well, contributing to…
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Trends Indicate Return to “Normal,” China Sees Uptick in Activity
Much of the U.S. and Canada recognized Labor/Labour Day on Monday, September 7, resulting in an anticipated drop in manufacturing production in the past two weeks. However, this should be viewed as good news, as it indicates a return to pre-pandemic, or “normal” trends. While the U.S. and Canada saw a temporary decline, China, Europe and Asia overall continued to expand in the last two weeks,…
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Global Manufacturers Reach 99% Pre-COVID Production with 90% of Workforce
Global manufacturing is at 99% of pre-COVID levels of production as of August 30, while unique users logging in to the company’s system of record per week is now at 90% of pre-COVID levels. This data suggests that on average, manufacturers have been able to increase their productivity over time with a reduced workforce. Global data set ...
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Global Manufacturing Activity Increases for Fourth Consecutive Week
Global manufacturing production is now at 95% of pre-pandemic levels of activity after demonstrating growth for the fourth consecutive week. While the overall increase is slower compared to last week, China and Mexico are continuing to see relatively higher rates of growth, with Mexico becoming the first country to exceed pre-pandemic rates of activity. We are also seeing evidence that European…
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Global Production at 94% of Pre-COVID Activity Levels
Global manufacturing activity continues to climb, reaching 94% of pre-pandemic rates of production as of August 9. Global data set ...
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Global Manufacturing Production at 91% of Pre-Pandemic Rates
In the last two weeks, global manufacturing production has continued to climb, reaching 91% of pre-pandemic rates of activity as of August 2. As reported last month, activity in 2020 (indicated by blue line, below) continues to resemble trends seen in 2019 (see orange line, below). However, not all regions are experiencing the same rate of growth. A variety of different influencers are impacting…
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Why IIoT Serves a Critical Role During the COVID-19 Pandemic
The beginning of the year 2020 marks a once-in-a-lifetime health and economic event. The World Economic Forum says the economic fallout has the capacity to be on par with the Great Depression. Most experts agree that we have a long road ahead of us to ensure that future interactions will not compromise our health and safety. The likelihood of organizations being forced to operate with…
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Manufacturing Production Activity Begins to Echo 2019 Trends
While some regions around the world continue to see surges in coronavirus cases, including the U.S. and Mexico, the global manufacturing community has largely remained insulated from these spikes, with trends in activity now more closely resembling those seen in 2019. However, the levels of production within some individual countries are not as immune....
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