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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 …
U.S. Manufacturing ISM At 10-year Low, Electronic Products Show Growth
December PMI registered 47.2 percent, a decrease of 0.9 percentage point from the November reading of 48.1 percent, the lowest reading since June 2009’s 46.3 percent. New Orders Index came in at 46.8 percent, a decrease of 0.4 percentage points from the November reading of 47.2 percent. The Production Index was 43.2 percent, down 5.9 …