07042020Sat
Last updateFri, 03 Jul 2020 5pm

Manufacturing & The Economy

Global Manufacturing Downturn May Be Easing

The global manufacturing sector contracted for the sixth successive month in October, according to the latest global PMI surveys. The J.P.Morgan Global Manufacturing PMI posted 49.8 in October, remaining below the neutral mark of 50.0. That said, a third successive rise in the PMI provided a further sign that the downturn may have bottomed out in July.

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