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News Link • Economy - International

How The Global Economy Changed In One Month

•, Eric Platt

Global manufacturing remained deeply depressed in Europe and much of the developed world, even as North America largely showed strength this June, new data out of Markit Economics shows.

The firm released PMI readings for some two dozen countries over the past twenty-four hours, with continued weakness across the euro area, and difficulty resonating in Asian strongholds like Japan and China.

Notable readings:

U.S.: 51.4 in July, down from 52.5 in June U.K.: 45.4 in July, down from 48.6 in June Eurozone: 44.0 in July, down from 45.1 in June Spain: 42.3 in July, up from 41.1 in June Germany: 43.0 in July, down from 45.0 in June Italy: 44.3 in July, down from 44.6 in June China: 49.3 in July, up from 48.2 in June Japan: 47.9 in June, down from 49.9 in June

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