Tag: global manufacturing sector
Global Manufacturing PMI faces further downturn amid slowdown in new orders – JP Morgan
The global manufacturing sector has remained in recession as July saw output fall even more amid the drop in new order intakes, which continued for the thirteenth month in a row, according to the latest Purchasing Manager’s Index (PMI) report from JP Morgan.
Global manufacturing index declines for the first time since 2020
Business conditions in the global manufacturing sector have made a gloomy turn in September, according to JPMorgan Global Manufacturing Purchasing Managers’ Index (PMI).
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Building resilience as manufacturing requirements become more complex
The industrial machinery and heavy equipment manufacturing sector is critical not only for its direct outputs, machines, and equipment that pave the way for construction, agriculture and manufacturing but also for its crucial role in economic development and innovation.
