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Unformatted text preview: ployment and export
indices continued to increase while the new orders
index and backlog of orders index showed modest
contractions. The 12 growth industries reported
in September included wood products, nonmetallic mineral products, machinery, miscellaneous
manufacturing, transportation equipment, plastics
and rubber products, printing and related support
activities, chemical products, and computer and
Globally, manufacturing slowed significantly in Q3
2011, according to the JPMorgan Global Manufacturing Purchasing Managers’ Index (PMI).
The report cited a lack of incoming new work,
which fell for the third-consecutive month, and
slowing international trade flows. Growth slackened in India and declined in Europe, Japan, and
Brazil. Even though China’s official PMI indicated
a moderate expansion of manufacturing activity
in October, it followed three months of contraction. The sluggish global economy and uncertain
demand from China’s largest export markets, the
United States and Europe, may continue to affect
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This note was uploaded on 02/11/2013 for the course MGMT 231 taught by Professor Yu during the Spring '13 term at Bauder.
- Spring '13
- The Lottery