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Global manufacturing PMI indices are compiled by IHS Markit from responses to monthly questionnaires sent to purchasing managers in survey panels in over 40 countries (see table, right for full coverage), totalling around 13,500 companies. These countries account for 98% of global manufacturing value added.
Global jpmorgan global manufacturing pmi trend
Global jpmorgan global manufacturing pmi trend is in an uptrend when the last value is higher than its twelve-month moving average and its twelve-month moving average slope is positive (last twelve-month moving average is higher than the previous month twelve-month moving average) and vice-versa. MacroVar calculates the number of months the Global jpmorgan global manufacturing pmi has recorded new highs or lows. Global jpmorgan global manufacturing pmi trend change is assumed when the specific indicator has recorded a 3-month high / low or more.
Global jpmorgan global manufacturing pmi momentum
Global jpmorgan global manufacturing pmi momentum is monitored by calculating its long-term year over year (Y/Y) return and its short-term month on month (M/M) return.