Economy
July 31, 2017
Global Manufacturing Expands at Steady Rate
Written by Sandy Williams
The JP Morgan Global Manufacturing PMI registered 52.7 in July indicating continued manufacturing growth across the globe. During the last four months, manufacturing expansion has remained steady at 52.6 in June and May, and 52.7 in April.
Growth in June was again led by European nations with eight of the ten best-performing countries in Europe. Canada was in fourth place and Australia in tenth. The U.S. PMI was in fourteenth position.
