Global Manufacturing PMI Slips Further As New Orders Decline Solidly

Lim Weixiang – Zeitgeist Photos Global business conditions worsened once again in the manufacturing sector in October, with the JPMorgan Global Manufacturing Purchasing Managers’ Index™ (PMI™),compiled by S&P Global, dropping further below the neutral level of 50.0. The headline index slipped from 49.8 in September to 49.4 in October; its lowest level for 28 months….

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