JPMorgan Global PMI: Report on Manufacturing and Services - December 4, 2013
Global Economic Growth Accelerates in November
Global economic output expanded for the fourteenth successive month in November, with the rate of growth recouping the momentum temporarily ceded in the prior month. Market conditions also improved, as new orders rose at the steepest pace since February 2011.
The JPMorgan Global All-Industry Output Index1,2 — which is produced by JPMorgan and Markit in association with ISM and IFPSM — rose to 54.3 in November, up from 52.1 in October.