New York - The worldwide Purchasing Managers' Index (PMI) surveys compiled by S&P Global Market Intelligence indicated that global trade continued to deteriorate headed into the second half of 2024.
The seasonally adjusted Global PMI New Export Orders Index, sponsored by JPMorgan and compiled by S&P Global, posted 49.7 in July, which was unchanged from June. The latest reading signalled that trade conditions deteriorated for a second successive month in July, albeit only marginally.
Excluding the improvements in April and May, export orders would have fallen continuously . . .
Disclaimer: This information has been collected through secondary research and Daily Shipping Times is not responsible for any errors in the same.
You cannot copy content of this page
