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IPC: Global Demand Remains Strong, but Economic Environment is Softening
October 1, 2021 | IPCEstimated reading time: Less than a minute
Themes that IPC's Chief Economist Shawn DuBravac offered last month continue to play out. Global demand remains strong, but the economic environment is softening. We are starting to see some early signs that demand is slowing. While there are still many reasons to remain optimistic, growth moving forward will be more difficult to achieve. The pandemic remains the largest risk factor right now. Surging new COVID-19 cases are limiting the potential for growth.
In addition to DuBravac's observations, you will also find U.S. and European data on economic growth, employment, consumer sentiment, manufacturers’ sentiment (PMI), manufacturing capacity utilization, and end markets for electronics.
As referenced in this month’s report, IPC released a new report examining the current state of the global electronics supply chain. This research will be updated monthly in order to gauge the current pulse of the industry. The current report summarizes the current conditions well. Read findings from the global sentiment report.
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