Global Manufacturing Edges Higher in March
At Wednesday’s Rockford Chamber of Commerce Manufacturing Council meeting, most of the manufacturers were indicating a softer end of 2012 and early 2013. Markets were pretty broadly served.
According to the JPMorgan Global Manufacturing Purchasing Managers Index, it says global manufacturing expanded for the third straight month. Global PMI, Output, New Orders and Employment are expanding or rising while Input Prices are rising at a slower rate.
The JPMorgan report is based on surveys covering over 10,000 purchasing executives in 32 countries and you can see the full report here.