Investor's Business Daily - The JPMorgan global purchasing managers index fell to 51.4 in Dec. from 67 the previous month, as the U.S. factory sector contracted to its lowest level since April '03. While global manufacturing activity fell to near a 41/2-year low, input prices faced by factories rose to a 6-month high. The global input prices index inched up to 67.2 in Dec. The PMI survey collects data from countries such as the U.S., Japan, Germany, France, Britain, China and Russia.
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