1 June 2015
Guangdong Manufacturing PMI (2015/05)
Guangdong Manufacturing PMI continued to improve in May to 51.5, suggesting that manufacturers remained positive in their market outlook. Increases were seen in the output, new orders and supplier deliveries indexes. However, the raw material inventories and employment indexes dropped.
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.