Global Manufacturing Expanding

RGE writes...

Global Manufacturing Now Expanding

• Manufacturing surveys suggest that global manufacturing activity
  began expanding in August 2009 after climbing for many months due to
  stimulus and inventory adjustment. Purchasing Managers Indexes from
  some advanced economies like Japan rose above the 50 threshold in July indicating expansion, joining some emerging markets like China, India and Turkey which had risen above those levels earlier. The U.S., France and Brazil finally moved into expansion territory in August while the UK slipped back into overall contraction and countries in emerging Europe and Russia remain below the 50 threshold.