On the first workday of a new month, global PMI manufacturing surveys are released around the world. That gives us an early read on the state of manufacturing. As the nearby table shows, out of the 22 countries that have reported so far, 13 reported improvements in their manufacturing sectors in January, while 8 recorded a weakening in their manufacturing sector and 1 was unchanged. A reading above 50 reflects expansion while below 50 indicates contraction. In this regard, there were only 3 countries in negative territory and 19 in positive. Of particular mention, Greece shifted from contraction to expansion.