Archive for December 1st, 2022

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