Economy
July 3, 2017
Global Manufacturing Holds Steady in June
Written by Sandy Williams
Manufacturing growth remained steady in June, according to the JP Morgan Global Manufacturing PMI. The composite index was unchanged from May at 52.6. The PMI average for second quarter fell slightly below first quarter.
The Eurozone drove growth in June, accelerating the PMI for the region to its highest level in more than six years. Expansion eased in the U.S., Japan and United Kingdom. China led the emerging nations in manufacturing gains during June.
