Global Manufacturing Inches Back Into Expansion, Despite Ongoing Slump In Export Orders
Good news, world! Global manufacturing - according to JPMorgan - is back in expansion in November, rising to 50.3, a seven-month high.
Output and new orders saw marginal gains, while the trend in employment stabilised after job cuts in the prior six months.
International trade remained a drag on the sector, however, as new export business decreased for the fifteenth successive...
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