Tag Archives: new orders

Global Manufacturing Continues to Decline in September

Posted on October 16, 2012 by

JP Morgan’s Global Manufacturing PMI contracted again in September, with a reading of 48.9; PMI values below 50 signify contraction and PMI values above 50 indicate expansion. The September Global PMI was slightly higher than August’s PMI of 48.1, indicating … Continue reading →

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Global Manufacturing PMI Points to Worldwide Recession

Posted on August 10, 2012 by

No country’s economy is an island.  Even the US economy, which accounts for 28% of global GDP, is heavily dependent on other countries.  Foreign sales as a percentage of total sales for S&P 500 companies are approaching 50%.  As a … Continue reading →

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Posted in Economic Indicators, Market Commentary, Market Sentiment, Market Timing | Tagged , , , , , , , , , , | 2 Comments