JPMorgan's Global Total Output Index jumped to 56.6 in March, the highest since July 2007 and an...

|By:, SA News Editor

JPMorgan's Global Total Output Index jumped to 56.6 in March, the highest since July 2007 and an eight straight month of expansion. Though manufacturing leads the upturn, "the service sector is showing renewed strength." Its employment index moved over 50 for the first time in 23 months.