Current situation of manufacturing activity
In November 2024, manufacturing activity in the United States showed a slight contraction, as evidenced by the Purchasing Managers Index (PMI) prepared by S&P Global. With a value of 49.7 points, the index registered an improvement compared to 48.5 points in October, but it still remains below the critical threshold of 50 points, which marks the border between growth and contraction. This suggests that, although there are signs of a possible recovery, the overall situation in the sector remains fragile.
Analysis of the economic environment
Chris Williamson, Chief Business Economist at S&P Global Market Intelligence, commented that mood among U.S. producers improved in November. However, he stressed that this optimism has yet to translate into an increase in industrial production. The current situation indicates that, despite cautious optimism, manufacturers face significant challenges before they can see a real increase in production. Companies continue to navigate a complex economic environment, characterized by global uncertainties and inflationary pressures
.
Future prospects for the manufacturing sector
The outlook for the manufacturing sector remains uncertain. Analysts suggest that, to see real change, a sustained improvement in demand and general economic conditions is necessary. Companies are closely monitoring market signals and may need to adapt their strategies in response to any changes. In addition, the agreement recently signed by Qatar with Shell to supply gas to China could influence the energy market and, consequently, have repercussions on the US manufacturing sector, given the
link between energy and production.
