JPMorgan Global PMI: Global Report on Manufacturing - March 1, 2013
Manufacturing Growth Maintained, Albeit at Weaker Pace
Growth of the global manufacturing sector was maintained in February, although the rate of improvement eased from the start of the year and was only modest.
The JPMorgan Global Manufacturing PMI™ — a composite index* produced by JPMorgan and Markit in association with ISM and IFPSM — posted 50.8 in February, signaling a slight strengthening of operating conditions during the month. The reading was down from January's 51.4.