Global Electronics Update – June 12

The Global Manufacturing Purchasing Managers index rose from 39.6 in April to 42.4 in May (chart 1). While this was an improvement, keep in mind that a PMI <50 is still in contraction territory. The rate of manufacturing decline has slowed but manufacturing activity is far from  true growth (PMI=50).

Source: Challenging 2H 2020 Ahead for Electronics Industry | Weekly Global Update for June 10, 2020 | TTI, Inc.