Global factory activity expanded at its weakest pace in just over two years last month, even though discounted prices did drive a modest upturn in new orders, a business survey showed on Tuesday.

JPMorgan’s Global Manufacturing Purchasing Managers’ Index (PMI), produced with Markit, sank to its lowest reading since July 2013 last month, coming in at 50.7 compared to July’s 51.0.

Read more

The Reopen America Back to School Special is now live! Earn double Patriot Points on our hottest items!


Related Articles