Wednesday 25th November 2020
Hello everyone,
I hope you are all doing well.
We're hearing yet more positive news in the fight against Covid-19 with the welcome announcement of a range of effective vaccines worldwide.  This gives us hope of the return to a new 'normal' at some point in 2021.
Despite a challenging year, in the German components market, for example, the mood in the overall economy remains cautiously positive, despite COVID-19, the US election and Brexit.
In a recent report, FBDi Chairman of the Board Georg Steinberger commented:
“The PMIs (Production & Manufacturing Indices) published by IHS Markit in October remained above 50, suggesting faith in growth. Added to this is the hope for vaccines, which in the medium term will contribute to the normality of social and economic life and should give global trade a boost again. In the short term, things are likely to remain tight, and the next one or two quarters will probably be marked by caution and wait-and-see, with the corresponding impact on the industrial supply chain”.
Over the next few weeks, we'll be catching up with a number of industry leaders to discover how they have reacted and adapted to the Covid-19 crisis and their plans going forward in a changed post pandemic landscape.
Have a great week,

Kirsty Hazlewood
Content Creator
WNIE Online

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