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18 Dec
10:30

Moody's sees weak 2020 for global manufacturing

Moody’s has a negative outlook for the global manufacturing industry in 2020 as slowing economic growth worldwide and heightened trade tensions are likely to curtail earnings growth. The global PMI is close to historically low levels, remaining at below 50 from May-October 2019. “Emerging markets – especially China – have been an important component to manufacturing growth, but are now experiencing slower growth, dampening global manufactur…
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