JPMorgan Global PMI: Global Report on Manufacturing - October 1, 2012
Downturn in Global Manufacturing Eases in September
The downturn in the global manufacturing sector continued in September, following further contractions in both output and new orders. The JPMorgan Global Manufacturing PMI™ — a composite index produced by JPMorgan and Markit in association with ISM and IFPSM — posted 48.9, up slightly from August's 38-month low of 48.1, but below the neutral 50.0 mark for the fourth month running.
The average reading for the global manufacturing PMI through Q3 2012 as a whole is 48.5, below Q2's 50.4 and the weakest outcome since Q2 2009.