JPMorgan Global PMI: Global Report on Manufacturing - October 1, 2013
Global PMI Rises to 27-Month High
The global manufacturing economy saw a modest pace of expansion in September, rounding off its best quarter for just over two years. The ongoing recovery again failed to filter through to the labor market, however, as employment levels were broadly unchanged over the month.
At 51.8 in September, up from 51.6 in August, the JPMorgan Global Manufacturing PMI™ — a composite index* produced by JPMorgan and Markit in association with ISM and IFPSM — edged higher for the third month running to a 27-month peak.