What March Manufacturing Reports Indicate for Developed Markets

Major economic indicators

Major economic indicators released in the first week of April 2018 include the following:

  • US final manufacturing PMI
  • Eurozone (EZU) final manufacturing PMI
  • Germany (EWG) final manufacturing PMI
  • France final manufacturing PMI (EWQ)
  • UK (EWU) final manufacturing PMI
  • Spain final manufacturing PMI
  • Japan final manufacturing PMI

What March Manufacturing Reports Indicate for Developed Markets

Investors can get a comprehensive idea about a country’s manufacturing industry from manufacturing PMI (purchasing managers’ index) reports. These reports also help various policymakers to assess the present condition of the manufacturing industry and how the industry is impacting overall economic growth.

Series overview

In this series, we’ll take a look at March manufacturing PMI reports from the US, the UK, Spain, France, Germany, and Japan. In March 2018, major equity markets around the world witnessed some nervousness. President Trump’s various announcements about the imposition of import tariffs on aluminum, steel, and Chinese goods hurt investors’ confidence as anxiety about a global trade war rose.

The S&P 500 Index (SPY), the FTSE 100 Index, and the CAC 40 Index fell 2.7%, 2.4%, and 2.9%, respectively, in March 2018.

In the next part of this series, we’ll look at the US final manufacturing PMI for March 2018.