Monday, February 11, 2013

Global Manufacturing Grows, Worldwide Jobs Stabilize

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JPMorgan & Markit Global Indexes

JPMorgan Global Manufacturing PMI by Month
PMI > 50.0 is expansion, PMI < 50.0 is contraction

David Hensley, Director of Global Economics Coordination at JPMorgan, said: "The global manufacturing sector has made a bright start to 2013, with the PMI indicating that output growth recovered to a ten-month high following the soft patch seen during much of last year. The continued upward trend in PMI orders suggests the PMI, and global production growth, may strengthen further in the next few months."

Worldwide Jobs Stabilize "Manufacturing employment rose marginally for the second month running in January, mainly reflecting a solid increase in US staffing levels."

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