JPMorgan Global PMI: Report on Manufacturing and Services - April 4, 2013
Global Economy Maintains Growth through Q1 2013
Global economic output expanded for the forty-fourth successive month in March, with rates of growth improving slightly in both the manufacturing and service sectors.
The Global All-Industry Output Index — produced by JPMorgan and Markit in association with ISM and IFPSM — posted 53.1 in March, up marginally from 52.9 in February. The average reading for the first quarter of 2013 (53.0) was broadly in line with that registered for Q4 2012 (52.9).