Majority Of World Economy Weakening As US Manufacturing PMI Tumbles To 2 Year Lows
by Tyler Durden
ZeroHedge.com
12/01/2015
Following China’s surging and tumbling Manufacturing PMIs, and mixed data in Europe, US Manufacturing PMI’s fell in November to 52.8 from October’s hope-strewn bounce above 54. This is the weakest PMI print since October 2013 (as ISM Manufacturing tumbled to its lowest since Dec 2012). 30 regions have reported PMIs so far with half (15) seeing weakness (and just 13 seeing improvements) as new orders plunge to lowest since Oct 2013.
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