Symte Electric, Manufacturing Industry, Future Development Trend of Manufacturing Industry
[Analysis of Manufacturing Stat]
Release date:[2020/12/8] Is reading[243]次

Analysis of the operating status of the manufacturing industry in November!


The Global Manufacturing Purchasing Managers' Index (PMI) was 53.9% in November, down 0.6% from the previous month. As the global epidemic continues to spread, the recovery momentum of the global manufacturing industry fluctuates.


Data show that in November, Asian manufacturing PMI rose by 0.5 percentage points from the previous month to 51.9%, setting a new high for the year, stabilizing above 51% for two consecutive months, and rising month-on-month for seven consecutive months. The European manufacturing PMI fell 0.6 percentage points from the previous month to 52.8%. In the case of a rebound in the epidemic, the growth rate of European manufacturing has slowed down from last month, but the overall correction is relatively controllable.


The analysis believes that with the continuous spread of the global epidemic, the growth rate of manufacturing in major countries in the Americas, Europe and Africa has fallen to varying degrees from the previous month, driving the recovery of global manufacturing to fluctuate. With the effective prevention and control of the epidemic, the recovery of our manufacturing industry has further strengthened, and market supply and demand have accelerated growth, which has effectively supported the steady rise of Asian manufacturing.


According to the analysis, judging from the month-on-month decline, the global manufacturing PMI has not dropped significantly, and has remained above 53%, indicating that the current global economic recovery has not changed, but the growth rate has fluctuated. However, the continuous spread of the global epidemic has brought uncertainty to the recovery of the world economy, and downward pressure on the economy still exists.


SUMMIT Electric and Aite Electronics are both subsidiary companies of Yuding Group. They are an international sensor manufacturer with advanced technology and provide professional sensor solutions.


SUMMIT has more than 20 years of professional technology and experience, and reliable partnerships with advanced manufacturers and OEMs provide a solid foundation for Symut's forward-looking innovation and technological development.


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