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Last updateWed, 03 Mar 2021 4pm

Manufacturing & The Economy

Global Manufacturing Growth Stays Close to Decade Highs

The J.P. Morgan Global Manufacturing PMI was unchanged from November's 33-month high of 53.8. The headline PMI has remained above the neutral 50.0 mark for six successive months.

The end of 2020 saw rates of growth in global manufacturing production and new orders remain among the strongest seen over the past decade, as the sector continued to recover from the COVID-19 related downturn earlier in the year. However, world supply chains stayed severely stretched, leading to marked delays and disruption to raw material deliveries, production schedules and distribution timetables.

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