Nov 3, 2020 - Economy & Business

Manufacturing's rebound continues

Data: Investing.com; Chart: Axios Visuals
Data: Investing.com; Chart: Axios Visuals

Manufacturing activity accelerated again around the globe in October, according to the latest purchasing managers indexes from various private companies.

Details: In the U.S., the Institute for Supply Management's latest survey of manufacturing showed new orders jumping to their highest in nearly 17 years.

  • Caixin's survey found Chinese factory activity expanded the fastest in a decade.
  • IHS Markit's report showed eurozone manufacturing produced a higher reading last month than either the U.S. or China.
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