
Global Supply Chain Slowdown in July as Factory Purchases Decline – GEP Index Report
U.S. Manufacturers Slash Orders, Asian Factories Weaken, and Europe’s Recovery Stalls in July. Global supply chain activity fell in July as U.S. manufacturers scaled back purchases of materials and components. Following heavy inventory stockpiling in June during the ‘tariff pause,’ companies cut new orders sharply, according to the GEP Global Supply Chain Volatility Index. The…