New Overnight Developments Abroad - Daily Update
Manufacturing in Recession Here, There and Just About Everywhere
December 1, 2022
November purchasing manager surveys released today paint a very gloomy picture, with activity declining at the fastest pace since May 2020 (near Covid ground zero) in the United States (according to both the ISM and S&P Global reports), Brazil, Australia (AIG survey), Turkey, Ireland, Czech Republic, and Sweden. Japan’s PMI index got revised downward and […] More