JPMorgan Global PMI: Global Report on Manufacturing - January 2, 2014
Manufacturing Output Rises at Fastest Pace Since February 2011
The end of 2013 saw growth of the global manufacturing sector accelerate to a 32-month high. The J.P.Morgan Global Manufacturing PMI™ — a composite index1 produced by JPMorgan and Markit in association with ISM and IFPSM — rose to 53.3 in December, up from 53.1 in November, to signal expansion for the twelfth month in a row.
The average reading of the headline PMI through 2013 as a whole (51.5) was better than the stagnation signaled over 2012 (PMI: 50.0). The rate of expansion registered for the final quarter of 2013 was the best since Q2 2011.