Purchasing managers indexes from around the world are indicating a global manufacturing boom. The U.S. Markit Manufacturing PMI rose today to 55.1, it's highest reading since 2015. Bloomberg's Fergal O'Brien reports: A slew of Purchasing Managers Indexes published on Tuesday from China, Germany, France, Italy and the U.K. all pointed to deeper supply constraints, with a U.S. gauge to be released at 9:45 a.m. Washington time. Shrinking capacity may mean companies have to hire or invest more to avoid overheating, yet it could also force them to push up prices, propelling inflation … [Read more...]
Archives for January 2018
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