Global manufacturing output and new orders fell in August
Sep 2nd, 2011 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
The global manufacturing slowdown continued in August. At 50.1, the JPMorgan Global Manufacturing PMI is only marginally above the neutral 50.0 mark and has fallen to its lowest level since June 2009. Manufacturing production contracted slightly - - ending a 26-month period of expansion -- following a further decrease in the volume of new orders.