Monday, October 1, 2012

Global Manufacturing Contracts for 4th Consecutive Month, Worldwide Jobs Rebound

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JPMorgan & Markit Global Indexes

JPMorgan Global Manufacturing PMI by Month

"The downturn in the global manufacturing sector continued in September, following further contractions in both output and new orders. The JPMorgan Global Manufacturing PMI - a composite index produced by JPMorgan and Markit in association with ISM and IFPSM - posted 48.9, up slightly from August's 38-month low of 48.1, but below the neutral 50.0 mark for the fourth month running."

Worldwide Jobs Rebound "Job creation was recorded for the first time in three months in September, although the pace of increase was only modest. Among the largest industrial nations covered by the survey, staffing levels rose in the US, Japan, Germany, India, Canada, Mexico and Russia."

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Seeking Alpha