Home > ISM Report On Business®



Schneider Industries

JPMorgan Global PMI: Global Report on Manufacturing - November 3, 2008

Global Manufacturing PMI Sank to Record Low in October.

The world manufacturing sector suffered its sharpest contraction in survey history during October, as the ongoing retrenchment of global demand and further deepening of the credit market crisis negatively impacted on the trends in output, new orders and employment. The JPMorgan Global Manufacturing PMI posted 41.0, its lowest reading since data were first compiled in January 1998 and a level below the no-change mark of 50.0 for the fifth month in a row.

Output, total new orders and new export orders all contracted at the fastest rates in the survey history in October. With the exception of India, which again bucked the global trend, all of the national manufacturing surveys posted declines in output and new orders. The impact of the downshift in global market conditions also had a far-reaching effect on international trade volumes. Although new export orders fell at a slower rate than total new business, all of the national manufacturing sectors covered by the survey (including India) saw a reduction in new export orders.



JPMorgan Global PMI: Global Report on Manufacturing - November 3, 2008 - 233KB - (PDF)
 
Related Resources:

ISM News - May 2010

ISM News - April 2010

CPSM® Instructor Kit - Set — Exams 1, 2 & 3

Groups and Forums Case Studies

CPSM® Instructor Kit - Exam 3

Content Recommendations:

NewsLine - September 2010

Upcoming Seminars

Reminders

Bright Ideas

Liner Notes


Update Your Interest Profile