3 Nov 2014
Guangdong Manufacturing PMI (2014/10)
Guangdong Manufacturing PMI dropped 0.7 percentage point to 50.7 in October 2014, reflecting slowdown in output, new orders and raw material inventories. Meanwhile the indexes of employment and supplier deliveries went up.
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.