Economy
October 1, 2014
Global Manufacturing PMI at 52.2 in September
Written by Sandy Williams
Global manufacturing growth slowed in September. The JP Morgan Global Manufacturing PMI eased to a 4-month of 52.2 maintaining the general rate of expansion seen throughout 2014.
Meaningful growth was mostly limited to the U.S., however, along with improvements in Czech Republic, Ireland, Taiwan and Canada. Growth was stagnant in most of the rest of the world. The PMI was below 50.0 in Germany, France, Austria and Greece. In Asia, Japan slowed and growth was stagnant or muted in China, India, and Indonesia. South Korea contracted in September.
