Global manufacturing PMI falls in May, confidence lifts from Apr's low
Manufacturing business conditions deteriorated across the world for a second month in a row in May, but with some marked variations, S&P Global Intelligence PMI survey data show. Canada and Mexico saw the steepest output drops amid US tariff disruptions; production and exports also fell solidly in China. Confidence among manufacturers worldwide about production in the year ahead rose in May.
Manufacturing business conditions deteriorated across the world for a second month in a row in May, but with some marked variations, S&P Global Intelligence PMI survey data show.
Canada and Mexico saw the steepest output drops amid US tariff disruptions; production and exports also fell solidly in China.
Confidence among manufacturers worldwide about production in the year ahead rose in May.
