Worldwide Manufacturing Activity Expanded in January

The J.P. Morgan Global Manufacturing PMI expanded for the third straight month, rising to a nine-month high by increasing from 50.1 in December to 50.4 in January. This suggests the manufacturing sector last month was experiencing slight expansionary growth worldwide. However, the bulk of the sentiment surveys and economic data used by the study predated recent worries about the coronavirus and related production disruptions. 2/13/2020

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