Growth of global economy at 34-month high in April
May 7th, 2010 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
At 57.7 in April, the JPMorgan Global All-Industry Output Index - - tracking manufacturing and services - - rose to its highest level since June 2007. The headline output index - - which covers the manufacturing service sectors - - has signalled growth of economic activity in each of the past nine months. Manufacturing continued to lead the recovery in April.