World-Wide Factory Activity Declining
Manufacturing in much of the world remained in contractionary territory in July, as concerns about a crisis in Europe and a Chinese slowdown continued. In the United States, the Institute for Supply Management‘s purchasing managers’ index (PMI) was essentially flat in July at 49.8, compared to 49.7 a month earlier. Reading below 50 indicate contraction.
Read the full article and view PMIs from a variety of countries: World-Wide Factory Activity Declining