JEPI - PMI Surveys Signal Broadening Out Of Global Recovery By Sector But Also Bring Signs Of Growth Peaking
IHS Markit's PMI surveys indicated a strengthening of global economic growth in August, with a broadening out of the recovery by sector evident. Some important sectors, such as autos, real estate, and households goods, are now among the top performers as the easing of lockdowns from the height of the pandemic continues to benefit key parts of the global economy, such as factories, housing markets, construction and high streets. However, many sectors remain in decline due to ongoing social distancing measures, and some waning of performance was also recorded in many sectors in August, casting