Global Composite PMI At 51.7, Eight-Month High
The J.P.Morgan Global Composite Output Index rose to an eight-month high of 51.7 in December, up from 51.4 in November. The index has been above 50.0 for the past 87 months. Growth was recorded in both the manufacturing and service sectors during December. The rate of expansion in manufacturing production slowed with downturns in the …
