Geopolitical Tensions Amidst Manufacturing Industry Brightens for Second Consecutive Month

Reported 12 months ago

According to the Taiwan Institute of Economic Research, the manufacturing industry's economic signal value for May was 13.33, a slight decrease from the revised April value of 14.94, but maintaining the 'steady economy' green light for the second month in a row. Meanwhile, the number of unpaid leave workers hit a new post-pandemic low. The future outlook is cautious due to uncertainties like geopolitical conflicts and trade disruptions caused by global logistics due to climate change. While the manufacturing sector sees varying revival performances, demand in AI and cloud industries remain strong, impacting export orders positively, but traditional manufacturing sectors face challenges in reaching pre-pandemic levels.

Source: YAHOO

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