Growth of global manufacturing continued in September
Oct 2nd, 2009 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
The JP Morgan Global Manufacturing PMI (Purchasing Managers's Index) posted 53.0 in September, broadly in line with the 26-month high of 53.1 reached in August. The sector continued to record robust gains in production and new orders, but at less marked rates than in the previous month. The downturn in the labour market continued to ease, although job losses remained substantial.