Global Manufacturing Indexes February 2016
Chart of the Week for March 11, 2016 - March 17, 2016
The chart above shows the February 2016 Manufacturing Purchasing Managers Indexes for six foreign countries and the United States' ISM Manufacturing Index ("the indexes"). The indexes are constructed from monthly surveys of industrial companies in each country, and cover areas such as new orders, inventories, supplier deliveries, and employment. An index value above 50 indicates manufacturing is generally expanding, while a value below 50 indicates manufacturing is generally contracting.
The indexes for February were mixed, with five countries being at or near an expansion level, and the U.S. and China being at a contraction level. While the February readings were generally positive, the longer term monthly results have been trending lower. For example, the UK's reading was a 34-month low, Germany's reading was a 15-month low, Japan's was an 8-month low, and China's was a 5-month low. For all the countries shown, weak domestic demand and export activity, as well as the fall in global commodity prices have contributed to the slowdown in global manufacturing.
© Copyright 2016 ICMA Retirement Corporation, All Rights Reserved. This information is intended for educational purposes only and is not to be construed as investment advice or a solicitation to buy or sell securities. Investors should seek financial advice regarding the appropriateness of investing in any securities or investment strategies discussed here. Past performance is not necessarily indicative of future performance.
Posted by: sarah_oz@yahoo.com
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