Growth of global manufacturing production and new orders eased to one-year lows in July
Aug 3rd, 2010 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
July saw growth of the global manufacturing sector cool further from the post-recession peak reached in April and the rate of expansion eased to a one year low. The JPMorgan Global Manufacturing PMI (Purchasing Managers' Index) posted 54.3, its lowest reading in eight months but still consistent with a solid rate of expansion.