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Category Archives: PMIs
Global Manufacturing PMI: “Moderate, Stable Growth”
JP Morgan and Markit reported today the global maufacturing PMI rose to 51.2 in March, up slightly from 50.9 in February. The US led the global manufacturing output growth league table in March, and has now seen production rise throughout … Continue reading
China Flash PMI at 50.9, 14-month High
Markit just reported, (click here if charts are not observable)
China Flash Manufacturing PMI at 50.4, Thirteen-month High
Markit reported this morning China’s manufacturing sector is expanding, just barely, for the first time in 13 months. Ironically, all markets believe it x/ the Shanghai Composite, which made a new 3-year low yesterday. Commenting on the Flash China Manufacturing … Continue reading
Japan PMI falls to 46.9, 18-month low
Markit’s press release on Japan’s October manufacturing PMI, Commenting on the Japanese Manufacturing PMI survey data, Paul Smith, Senior Economist at Markit and author of the report said: “The fall back in the headline PMI to an 18-month low during … Continue reading
Flash Eurozone PMI Composite at 45.8, 40-month low.
Markit reported that output of the manufacturing and service sectors dropped at the fastest rate since June 2009. Commenting on the flash PMI data, Chris Williamson, Chief Economist at Markit said: “The Eurozone has slid further into decline at the … Continue reading
Flash China Manufacturing PMI at 49.1, Three-month High
Markit reported this morning the October HSBC China Flash PMI rose to 49.1 from 47.9 in September. The PMI is at a three-month high, though still in contraction mode. Commenting on the Flash China Manufacturing PMI survey, Hongbin Qu, Chief … Continue reading
Eurozone PMI Composite Output Index at 45.9, 39-month low
Markit reported this morning, The Markit Eurozone PMI® Composite Output Index fell from 46.3 in August to 45.9 in September, according to the preliminary ‘flash’ reading, based on around 85% of usual monthly replies. The index therefore signalled that the … Continue reading
Eurozone Flash PMI At 46.5, Contracts 10 of Last 11 Months
Markit reported this morning the Eurozone PMI Composite Output Index was unchanged at 46.4 in July as the private sector contracted for the tenth time in the past 11 months. Chris Williamson, Chief Economist at Markit, commented, The flash … Continue reading
HSBC China Flash PMI At 49.5, 5-month High
Markit reported the HSBC China Flash PMI increased to a 5-month from 48.2 in June to 49.5 in July. Manufacturing is still contracting but the reading shows the Chinese economy may be bottoming. Here’s Hongbin Qu, Chief Economist, China … Continue reading
U.S. Manufacturing Contracts For First Time Since July’09
Note the collapse in new orders. (click here if chart is not observable)