JPMorgan Global PMI: Global Report on Manufacturing - January 2, 2013
Global Manufacturing Holds Steady at End of 2012
The global manufacturing sector continued to stabilize in December. At 50.2, from 49.6 in November, the JPMorgan Global Manufacturing PMI™ — a composite index* produced by JPMorgan and Markit in association with ISM and IFPSM — lifted back above the no-change mark of 50.0 for the first time since May 2012.
Global manufacturing output, new orders and employment were all broadly unchanged over the month in December. PMI indices tracking trends in each of these variables also rose further from lows seen during mid-2012.