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December Global PMI Data Shows Cautious Improvement, Economic ‘Resilience’

As we settle into the new year, our Sourcing Summit Companion Report looks ahead at ways to optimize processes and performance.

As 2021 came to a close in December, global manufacturers generally reported slightly improved conditions, from easing inflation and cost burdens to supply chains and deliveries on the mend. IHS Markit’s monthly Purchasing Manager’s Index (PMI) among major economies and apparel and textile suppliers indicated slow progress from these key issues, and economists said problems…

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