Global manufacturing expansion in April at highest level since May 2004
May 5th, 2010 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
The global manufacturing sector made a robust start to Q2 2010. At 57.8 in April, the JPMorgan Global Manufacturing PMI (Purchasing Managers' Index) rose to its joint second-highest level in the series history - - bettered only by that registered in May 2004. The PMI has signalled expansion in each of the past ten months.