Home >

The Global Manufacturing Industry Tends To Slow Down &Nbsp; The US PMI Has Rebounded Strongly.

2011/7/6 10:25:00 11

Manufacturing PMI Rebounded Strongly

The world's multinational manufacturing managers purchasing index (PMI) released in June showed that the global manufacturing trend is slowing down, and manufacturing PMI in some countries is below 50.

In June, the Asian economy continued to slow down, and the pace of China's manufacturing activities slowed down for third consecutive months.

inflation

The measures are beginning to work.


The purchasing managers' index released in July 1st also declined, while the PMI in Taiwan, China, fell sharply, and local manufacturing activity declined for the first time since October last year.

Meanwhile, the quarterly survey released by the Bank of Japan showed that the business situation in Japan in the second quarter has deteriorated sharply, and the related index has declined since the beginning of 2009, reflecting the March 11th earthquake in Japan.

Economics

The impact.


In addition, the BoJ survey showed that in the second quarter, the Japanese business judgment index dropped to -9, the first quarter was +6.

Economists had expected the quarter to be -7.


However, the Japanese manufacturers, led by the auto industry, expect significant improvements in the third quarter.

Large enterprises plan to increase capital expenditure by 4.2% in the 2012 fiscal year ending March next year, while the previous survey results reduced by 0.4%.


The above data show that many Asian countries are facing the encounters of economic slowdown and inflation.


But economists said that, given China's economic data released recently, the market's worries about the Chinese economy or the sharp correction and impact on the global economy should be temporarily smooth.


In Europe,

debt

When the crisis is raging, the situation is not optimistic.

Markit/Cips released data show that the UK Markit/Cips Manufacturing Purchasing Managers Index in June was 51.3, the lowest since September 2009, less than expected 52.1, the previous value of 52.1.


The final value of manufacturing PMI in Germany in June was 54.6, and the initial and May figures were 54.9 and 57.7 respectively.

Data showed that the expansion rate of German manufacturing industry was the lowest in 17 months, although PMI was still higher than the 50 of the boom and bust watershed.


The fact that Italy's Manufacturing Purchasing Managers Index (PMI) has dropped to 49.9 in June will not help boost the euro's long morale, which is the first time that Italy's manufacturing sector has fallen below 50 for the first time in 20 months.


The US ISM manufacturing index in June is one of the focuses of the market in the past two weeks. The data released by the American Institute of supply management in July 1st showed that the US manufacturing industry expanded strongly in June, and the price pressure eased in that month.


In June, the US Supply Management Institute manufacturing purchasing managers index increased from 53.5 in May to 55.3.

Economists who surveyed by Dow Jones newswires predicted that PMI would fall to 51.8 in June.


Not only that, the strong performance of the index of American manufacturing sector is also unexpected.

The new orders index rose from 51 in May to 51.6 in the month, and the production index rose from 54 to 54.5.

The employment index increased from 58.2 to 59.9 in that month.

The stock index rose from 48.7 in May to 54.1 in that month.

The price index fell to 68 from 76.5 in May.


Although concerns about the overall slowdown have hit the market in recent weeks, there are many signs that the US manufacturing sector seems to be developing healthily.

Chicago's PMI in June 30th also jumped to 61.1, much higher than economists expected.


However, the weak employment market is still a major concern in the United States.

Last week, the United States applied for unemployment benefits for the first time, still at the threshold of 400 thousand people, unable to prove that the future employment can achieve sustainable growth.

  • Related reading

&Nbsp, H&M Profits Fell Sharply Due To Rising Raw Material Prices.

Finance and economics topics
|
2011/6/29 10:57:00
41

The Import Tax Rate Of Textile Raw Materials Was Lowered By &Nbsp;

Finance and economics topics
|
2011/6/28 16:07:00
58

Rate Hike Is Expected To Increase &Nbsp; Cotton Is Still Difficult To Get Out Of The Weak Situation.

Finance and economics topics
|
2011/6/27 14:36:00
53

Textile Export Hidden Trouble &Nbsp; Production Cost Advantage No Longer

Finance and economics topics
|
2011/6/27 14:32:00
53

Small And Medium Sized Enterprises In Zhejiang Are Pulling Away From Industrial Pformation.

Finance and economics topics
|
2011/6/27 10:30:00
52
Read the next article

Spring Comes To Spring And Comes &Nbsp; Where Is The Fashion Blogger Road?

In this era of social networking, a group of people, including Mousika, stars, stylists, editors and publishers, are also likely to profit from them. They are fashion bloggers.