Tag Manufacturing

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Eurozone composite PMI up slightly in November

S&P Global shows that the economic slowdown in the Eurozone weakened slightly in November. However, overall demand continues to decline as consumers cut back on spending in the face of the cost-of-living crisis. The composite Purchasing Managers’ Index (PMI), which…

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Eurozone manufacturing PMI contracts for the fourth month

The final Eurozone manufacturing purchasing managers’ index fell to 46.4 in October, its lowest level in 29 months, from 48.4 in September. The PMI is still below the 50 mark, indicating that the manufacturing sector in the Eurozone continues to…

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U.S. manufacturing PMI down in October

The final manufacturing purchasing managers’ index (PMI) fell to 50.4 in October from 52.0 in September, according to S&P Global. The PMI was hit by a slump in new orders, reaching its lowest level since May 2020, while employment slowed.…

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