Global Manufacturing
Global Services
Global Composite
Contractionary
Expansionary
55
50
45
Strength in services PMIs have been largely offsetting weakness in manufacturing PMIs. As a result, the overall global composite PMI has been above 50–indicating expansion–for most of 2024
Sep '24
Apr '24
Nov '23
Jun '23
Jan '23
Aug '22
Mar '22
Oct '21
Index Level