JPMorgan Global PMI: Global Report on Manufacturing - April 2, 2013
Global Manufacturing PMI Edges Higher in March
At 51.2 in March, up slightly from 50.9 in February, the JPMorgan Global Manufacturing PMI™ — a composite index* produced by JPMorgan and Markit in association with ISM and IFPSM — signaled expansion for the third straight month.
The overall rate of increase signaled by the headline PMI remained modest and below the long-run survey average. However, the average reading over Q1 2013 as a whole (51.2) was above that registered for the prior quarter (49.5).