The September Global Manufacturing PMI rises to 48.9 from 48.1 previously, remaining in...

|By:, SA News Editor

The September Global Manufacturing PMI rises to 48.9 from 48.1 previously, remaining in contraction territory for the 4th straight month. The average Q3 read of 48.5 compares to 50.4 in Q2, and is the weakest outcome since 2009 Q2. Of 50 global PMI measures, just 9 are in expansion mode.