Global PMI Data Continues to Show Strong Global Economy

August 5, 2014 2:18 PM

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Global PMI Data Continues to Show Strong Global Economy

Global PMI data released over the last week continues to show a strong global economy.

In the manufacturing surveys, the US took over from the UK as the country with the highest manufacturers’ sentiment.  It was also positive that China’s survey stayed above 50 for the second straight month, rising to a healthy 51.7.

In the services surveys, every country tracked here except for Australia posted readings above 50, indicating economic expansion.

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