Monday, September 10, 2012

Global Economic Growth Remains Subdued


JPMorgan & Markit Global Indexes

Global All-Industry Output Index by Month



David Hensley, Director of Global Economics Coordination at JPMorgan, said: "The global economy remained in a low growth gear in August, with the weak performing manufacturing sector and stagnating world market demand providing the main drags on output growth. Modest job creation is a positive, but with demand weak and inflationary pressures beginning to rise, the performance of the global economy is likely to remain subdued in the coming months."

Global Manufacturing PMI by Month



Global Services PMI by Month

Seeking Alpha