CBX Retail Sourcing Report – Q4 2016

CBX Retail Sourcing Report – Q4 2016

Global manufacturing expanded at a moderate rate through Q3 with overall subdued growth in the US and Asia. Downturns continued in some parts of Europe, South Korea, Turkey, Malaysia, Thailand, Myanmar and Brazil. Some European countries such as Germany, Austria, the Netherlands and the UK saw economic expansion along with the Czech Republic, Poland and Russia. Overall, global manufacturing was in a low growth gear of between 1-2%.

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