JPMorgan recently released the 2013 Global Manufacturing Purchasing Managers’ Index. According to the report, JPMorgan claims that global manufacturing is on the rise. And after a very strong September, it looks like things are finally starting to head in the right direction.
The report is a composite index designed to monitor manufacturing growth as a global whole. It takes into account the market based on a one hundred point scale, with 50 being the threshold indicating whether or not expansion is in fact taking place.
Edited by Ryan Sartor