JPMorgan Global PMI: Global Report on Manufacturing - November 4, 2013
Global PMI Rises To Near Two-And-A-Half Year High
October PMI data from across the world signaled that the global manufacturing sector maintained its modest recovery at the start of the final quarter. October saw production, new orders and international trade volumes all improving.
At 52.1 in October, up from 51.8 in September, the JPMorgan Global Manufacturing PMI™ — a composite index* produced by JPMorgan and Markit in association with ISM and IFPSM — rose to a near two-and-a-half year peak. The PMI has signaled an improvement in operating conditions in each of the past 11 months.