Tag: Maia Crook
Manufacturing output falls back into contraction in May – JP Morgan
Global manufacturing output declined in May, according to the latest JP Morgan Global Manufacturing PMI survey, signalling a renewed contraction in factory activity amid weakening demand and falling export orders.Â
Global manufacturing PMI remains in contractionary territory at end of 2023
The global manufacturing sector continued to see contractionary conditions in the last month of 2023 as intakes of new business shrunk further, driving production to decline for the seventh consecutive month.Â