3 Oct 2014
Guangdong Manufacturing PMI (2014/09)
Guangdong Manufacturing PMI rose 0.3 percentage point from the previous month to 51.4 in September 2014. The indexes of output, new orders, raw material inventories and supplier deliveries all moved upward, but the index of employment 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.