JPMorgan Global PMI: Global Report on Manufacturing - May 2, 2013
Global Manufacturing Growth Slows to Near-Stagnation
At 50.5 in April, the JPMorgan Global Manufacturing PMI™ — a composite index* produced by JPMorgan and Markit in association with ISM and IFPSM — signaled expansion for the fourth straight month.
The rate of expansion decelerated slightly during April, meaning that growth so far in 2013 has remained, at best, only marginal. This is still an improvement compared to the contractions signaled throughout much of the second half of last year.