Wk 44 Electronics Supply Chain Digest

Electronics Supply Chain Weekly Digest 10-27-23.

DATAPOINT OF THE WEEK: S&P reported Eurozone Oct flash PMI of 43.0 vs. 43.4 in Sept signaling an accelerating downturn at the start of the 4th quarter with a steeper rate of contraction across orders and output. In Germany Oct flash mfg. PMI at 40.7 vs 39.6 in Sep indicated the contraction in the sector continued, albeit at a slightly less severe rate. For Japan S&P reported Oct flash mfg. PMI of 47.6 vs 48.7 in Sep indicating worsening conditions. For the US S&P reported Oct flash PMI of 50 vs. 49.8 in Sep, marking a 6-month high, and signaling a stabilization in operating conditions. S&P noted further improvement in supplier performance and still soft demand led firms to cut their input buying for the fifteenth month running in October.   






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