Markets

JPMorgan global PMIs slip

JPMorgan aggregates purchasing managers indexes in various developed countries

The indicator doesn't offer anything new but it's a good topview on what's happening in the global economy.

The services PMI fell to 51.4 in May from 51.9 in April. Similarly, the composite PMI fell to 51.1 from 51.6.

Slowdowns in Chinese and US manufacturing in the past two years have weighed on the manufacturing PMI, which is not at 50.0.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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