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Globally GDP Weighted PMI Climbs in December

The final PMI readings for December are in and it points to a modest improvement in global economic conditions.  Notable improvements came from the USA which registered at 54, India at 54.7 and China at 51.5.  Notable weakness remains in Europe which is clearly still experiencing a very difficult economic environment.  The Eurozone PMI came in at just 46.1.  The recession in Europe persists.

Here are some of the more notable data points:

  • EMU: 46.1
  • USA: 54
  • China: 51.5
  • India: 54.7
  • Japan: 45
  • Russia: 50
  • Brazil: 51.1

(Source: Orcam Financial Group)

Cullen Roche

Cullen Roche

Mr. Roche is the Founder of Orcam Financial Group, LLC.Orcam is a financial services firm offering asset management, private advisory, institutional consulting and educational services.He is also the author of Pragmatic Capitalism: What Every Investor Needs to Understand About Money and Finance and Understanding the Modern Monetary System.
Cullen Roche

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