Purchasing manager surveys conducted in January showed new positive signals for the world economic outlook according to the JP Morgan Global Composite Index. New orders increased significantly for both the manufacturing and service sectors. The results of those surveys, especially the new orders, are often used as a component of leading economic indices.
The JP Morgan GCI are based on answers from 11,000 purchasing managers from almost 30 countries representing 83% of global GDP.
Details at : http://www.markiteconomics.com/
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