JPMorgan Global PMI: Global Report on Manufacturing - March 3, 2014
Manufacturing PMI Hits 34-Month High in February
The global manufacturing sector continued to make solid and steady progress in February. At 53.3, the J.P.Morgan Global Manufacturing PMI™ — a composite index1 produced by JPMorgan and Markit in association with ISM and IFPSM — rose to a 34-month record, edging up from 53.0 in January.
The global PMI has signaled expansion in each of the past 15 months and, in broad terms, maintained a gradual upwards trend since April of last year.