Economy
March 3, 2018
Global Manufacturing PMI: Solid But Slower
Written by Sandy Williams
Global manufacturing expanded at a solid pace in February, according to the J.P.Morgan Global Manufacturing PMI. The composite PMI inched downward for the second month to 54.2, indicating solid but slower growth.
Industrial nations saw growth rates decelerate somewhat in February including the U.S., Eurozone, Japan and the UK. Improvement of manufacturing conditions was brisker in China, Brazil, Australia, and Vietnam.
