JPMorgan Global PMI: Global Report on Manufacturing - December 2, 2013
Output and New Orders Rise at Fastest Rates Since February 2011
At 53.2 in November, up from 52.1 in October, the J.P.Morgan Global Manufacturing PMI™ — a composite index1 produced by JPMorgan and Markit in association with ISM and IFPSM — registered its highest level since May 2011. The headline PMI has signaled expansion for 11 successive months.
The faster improvement in overall operating conditions was underpinned by stronger expansions of production, new orders and further job creation.