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Global manufacturing PMI picks up in January, ends 16-month contraction – JP Morgan

The global manufacturing sector began seeing signs of stabilisation at the start of 2024 as output climbed higher and the decline in new orders eased up. 
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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.