1 Sept 2014
Guangdong Manufacturing PMI (2014/08)
Guangdong Manufacturing PMI dropped 0.5 percentage point from the previous month to 51.1 in August 2014. Though the index of output rose, the indexes of new orders, raw material inventories, employment and supplier deliveries all edged down.
Note: The Guangdong manufacturing PMI is a composite index based on the diffusion indexes for the five major components: output, new orders, raw material inventories, employment, supplier delivery times. A PMI reading above 50 indicates that the manufacturing economy is generally expanding; below 50 indicates that it is generally declining.