Core Insights - U.S. factories are significantly reducing purchases, indicating potential manufacturing weakness that may impact the broader economy in 2025 [1][3] - In contrast, Chinese factories are experiencing growth after three months of declining input purchasing [1][4] - Europe's industrial recession continues, particularly affecting Germany, France, and Austria [1][5] Demand Conditions - The GEP Global Supply Chain Volatility Index recorded -0.39 in October, indicating high levels of spare capacity among global suppliers [1] - Procurement activity remains weak globally, with North America showing the weakest purchasing activity in October [8] - Demand for commodities, components, and raw materials is contracting at one of the steepest rates seen in 2024 [8] Inventory Management - Inventory drawdowns have intensified across factories worldwide, with companies aiming to manage stocks tightly in response to weak order situations [8] - Reports of safety stockpiling are low by historical standards, reflecting a cautious approach to cash flow management [8] Labor and Transportation - Labor shortages are causing backlogs to rise, although factory employment levels have decreased recently [9] - Global transportation costs remained consistent with long-run averages during October [9] Regional Analysis - North America: Index at -0.72, indicating substantial spare capacity among suppliers [10] - Europe: Index at -0.52, showing a continuation of the industrial recession [10] - Asia: Index at -0.20, with India showing strong positive influence despite overall spare capacity [10]

NEW YORK, Oct. 30, 2024 /PRNewswire/ -- S&P Dow Jones Indices (S&P DJI) today released the August 2024 results for the S&P CoreLogic Case-Shiller Indices. The leading measure of U.S. home prices recorded a 4.2% annual gain in August 2024, a slight decrease from previous levels in 2024. More than 27 years of history are available for the data series and can be accessed in full by going to https://www.spglobal.com/spdji/en/indexfamily/indicators/sp-corelogic-case-shiller/. 2006 Peak 2012 Trough Current Index ...

A downtrend has been apparent in S&P Global (SPGI) lately with too much selling pressure. The stock has declined 5.7% over the past four weeks. However, given the fact that it is now in oversold territory and Wall Street analysts are majorly in agreement about the company's ability to report better earnings than they predicted earlier, the stock could be due for a turnaround. How to Determine if a Stock is Oversold We use Relative Strength Index (RSI), one of the most commonly used technical indicators, for ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 1-1023 S&P Global Inc. (Exact name of registrant as specified in its charter) (Address of principal executive offices) (Zip Code) | --- | ...

S&P Global (SPGI) came out with quarterly earnings of $3.89 per share, beating the Zacks Consensus Estimate of $3.64 per share. This compares to earnings of $3.21 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 6.87%. A quarter ago, it was expected that this independent ratings and analytics provider would post earnings of $3.67 per share when it actually produced earnings of $4.04, delivering a surprise of 10.08%.Over the las ...

Storms Create Opportunities for Scammers to Resell Damaged VehiclesCENTREVILLE, Va., Oct. 23, 2024 /PRNewswire/ -- As many as 347,000 vehicles have been flood-damaged so far by the 2024 hurricane season, CARFAX estimates. Hurricane Milton added as many as 120,000 vehicles in Florida, on top of the 138,000 vehicles deluged by Hurricane Helene across several states. Up to 89,000 vehicles were hit with water damage from smaller storms during the summer. Now, thousands of these vehicles may already be put up fo ...

Wall Street analysts expect S&P Global (SPGI) to post quarterly earnings of $3.64 per share in its upcoming report, which indicates a year-over-year increase of 13.4%. Revenues are expected to be $3.44 billion, up 11.5% from the year-ago quarter.The consensus EPS estimate for the quarter has undergone a downward revision of 0.1% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.Ahead of ...

North America factory purchasing activity deteriorates more quickly in September, with demand at its weakest year-to-date, signaling a quickly slowing U.S. economy Factory procurement activity in China fell for a third straight month, and devastation from Typhoon Yagi hit vendors feeding Southeast Asian markets like Vietnam Europe's industrial recession deepens, leading to an even larger increase in supplier spare capacity CLARK, N.J., Oct. 11, 2024 /PRNewswire/ -- The GEP Global Supply Chain Volatility Ind ...

Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? S&P Global (SPGI) , which belongs to the Zacks Business - Information Services industry, could be a great candidate to consider. When looking at the last two reports, this independent ratings and analytics provider has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 9.52%, on average, in the last two quart ...

North American suppliers report strong rise in excess capacity and the softest demand in eight months, with flagging factory conditions in the U.S. Asian suppliers, who experienced growth in the first half of 2024, report spare capacity as Chinese procurement declines Europe's manufacturing recession deepened in August, with Germany and France driving the continent's downturn In contrast to the EU, UK manufacturers close to full utilization CLARK, N.J., Sept. 11, 2024 /PRNewswire/ -- The GEP Global Supply C ...