02252020Tue
Last updateMon, 24 Feb 2020 11pm

Manufacturing & The Economy

Global Manufacturing Marginally Expands in December

The J.P. Morgan Global Manufacturing PMI fell to 50.1 in December, from 50.3 in November, to remain just above the 50.0 waterline that separates expansion from contraction. Growth of production and new orders were both marginal, as weak international trade flows stymied hopes of a stronger recovery from the mid-year downturn in the sector. Subdued business confidence led to cutbacks in staffing, purchasing and inventory holdings.

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