Growth of global manufacturing and services accelerated in December 2009
Jan 7th, 2010 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
After slowing in the previous month, growth of the global private sector economy in manufacturing and services accelerated in December. This was signalled by the JPMorgan Global All-Industry Output Index posting 53.4, up from the reading of 51.7 in November. The headline index has now remained above the neutral 50.0 mark in each of the past five months. The average output index reading in Q4 2009 was the highest since the final quarter of 2007.