欧美经济同步扩张折射全球供应链重构成效

Group 1 - The Eurozone private sector showed unexpected vitality in August, with the composite PMI rising to 51.1, the highest in 15 months, and manufacturing PMI breaking the growth line at 50.5, ending a three-year contraction period [1] - The unexpected growth in the Eurozone contrasts with the U.S. economic data, where the composite PMI surged to 55.4, and manufacturing new orders reached the highest growth since early 2022, indicating a structural adjustment and phase recovery in the global economy [1] - Germany's manufacturing sector is nearing the end of a three-year slump, reflecting the effectiveness of companies diversifying their supply chains, particularly in the automotive industry, which is reducing reliance on U.S. exports by incorporating Southeast Asia into production [1] Group 2 - The U.S. economy demonstrated stronger growth, with the composite PMI rising to 55.4, the highest since December of the previous year, and manufacturing PMI reaching 53.3, reversing the contraction seen in July [2] - The strong demand in the U.S. economy is accompanied by inflation risks, as the input cost index rose to 62.3, and the prices of goods and services reached a three-year high, indicating that companies are passing on cost pressures to consumers [2] - The economic structure between the U.S. and Europe shows a stark contrast, with the U.S. benefiting from the Inflation Reduction Act to stimulate domestic manufacturing, while Europe relies on traditional supply chain recovery for moderate growth [2]