IPFS News Link • Economy - International
Global Manufacturing PMI Crashes To Weakest Since 2009
• Zero Hedge - Tyler DurdenThe global manufacturing sector suffered its steepest contraction since 2009 as demand, international trade and supply chains were severely disrupted by the COVID-19 outbreak.
Output fell across the consumer, intermediate and investment goods industries, with the steepest drop at investment goods producers.
Manufacturing production and new orders registered their sharpest declines since April 2009.