Going the Right Way . . . if We Can Control Pandemic
November 17, 2020
Global business conditions continued to improve through October although the rate of improvement slowed a bit as pandemic concerns increased (Chart 1).
Tough and Unpredictable Times Ahead
May 18, 2020
March and April world data clearly showed the impact of the global manufacturing slowdown driven by COVID-19. The world purchasing manager’s index plunged from 47.3 in March to 39.8 in April (Chart 1). Values below 50 indicate a manufacturing...
Tide Has Turned
December 12, 2019
The November Global Purchasing Managers Index moved back into expansion territory (Chart 1). Admittedly results varied significantly by country but world global manufacturing activity resumed growth at year end.
