Economy
October 3, 2017
Global Manufacturing Steady in September
Written by Sandy Williams
Global manufacturing stayed steady at a strong reading of 53.2 in September. The J.P. Morgan Global Manufacturing PMI was unchanged from the August reading with consumer, intermediate and investment goods all signaling expansion.
Production rose, driven by new orders and international trade volumes and bumping up employment for the month. Higher input costs pushed selling prices up at their steepest rate since May 2011.
