Monday, December 3, 2012

November Global PMI - Business Insider

The world's biggest economies are releasing their November manufacturing PMI reports starting at 7:01 PM EST, and this is our scorecard.

Economists will want to see if the Asian economies are continuing the improvement they saw in last month's PMI reports. They'll also want to see if Europe's manufacturing downturn is continuing to accelerate.

On Friday, China's National Bureau of Statistics released the country's official PMI.? The number increased from 50.2 in October to?50.6, which was a bit shy of the 50.8 expected by economists.? However, the internal measures of the report confirm that growth probably bottomed in Q3 and that the economy was accelerating again.

At the beginning of each month, Markit, HSBC, RBC, JP Morgan and several other major data gathering institutions publish the latest local readings of the manufacturing?purchasing managers index (PMI) for countries around the world.

Each reading is based on surveys of hundreds of companies. Read more about it at Markit.

These are not the most closely followed data points.? However, the power of the insights is unparalleled. Jim O'Neill, Chairman of Goldman Sachs Asset Management, believes the PMI numbers are among the most reliable economic indicators in the world.? BlackRock's Russ Koesterich thinks it's one of the most underrated indicators.

Click here to refresh this page for the latest updates to our scorecard >

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SCORECARD (All Times EST)

  • Japan: Markit/JMMA Manufacturing ? 46.5, down from 46.9 in October
  • China: NBS Official PMI ? 50.6, up from 50.2 in October
  • South Korea: HSBC Manufacturing PMI ? 48.2, up from 47.4 in October
  • Netherlands: NEVI Manufacturing PMI ? 48.2, down from 48.9 in October
  • China: HSBC Manufacturing PMI ? 50.5, up from 49.5 in October
  • Taiwan: HSBC Manufacturing PMI ? 47.4, down from 47.8 in October
  • Vietnam: HSBC Manufacturing PMI ? 50.5, up from 48.7 in October
  • Indonesia: HSBC Manufacturing PMI ? 51.5, down from 51.9 in October
  • India:?HSBC Manufacturing PMI ?53.7, up from 52.9 in October
  • Russia: HSBC Manufacturing PMI ? 52.3, down from 52.9 in October
  • Saudi Arabia: SABB HSBC Manufacturing PMI ?57.0, down from?59.8 in October
  • Ireland: NCB Manufacturing PMI ? 52.4, up from 52.1 in October
  • 3:00 AM Turkey:?HSBC Manufacturing PMI ? 52.5 in October
  • 3:15 AM Spain: Markit Manufacturing PMI ? 45.3, up from 43.5 in October
  • 3:45 AM Italy: Markit/ADACI Manufacturing PMI ? 45.3 in October
  • 3:50 AM France: Markit Manufacturing PMI ? 43.7 in October
  • 3:55 AM Germany: Markit/BME Manufacturing PMI ? 46.0 in October
  • 4:00 AM Eurozone Manufacturing PMI ? 45.7 in October
  • 4:00 AM Greece: Markit Manufacturing PMI ? 41.0 in October
  • 4:30 AM UK: Markit / CIPS Manufacturing PMI ? 47.5 in October
  • 5:00 AM Australia: AiG Manufacturing PMI ? 45.2 in October
  • 7:00 AM Brazil:?HSBC Manufacturing PMI ? 50.2 in October
  • 9:00 AM US: Markit Manufacturing PMI ? 51.0 in October
  • 9:30 AM Canada: RBC Manufacturing PMI ? 51.4 in October
  • 10:30 AM Mexico:?HSBC Manufacturing PMI ? 55.5 in October

Source: http://www.businessinsider.com/november-global-pmi-2012-12

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