2024-04-28 16:45:55
This claim is not entirely true. Recent PMI data released shows Indian Manufacturing has hit 16 years high. [Link] NEEDS_MORE_RATINGS(0-0-0) Author
2024-04-28 20:34:45
NNN - 'deindustrialization' describes a mostly social process of structural job losses rather than measures of output or productivity, or cyclical measures like PMI. This is why e.g. Britain has 'deindustrialised' despite having historically high levels of manufacturing output. NEEDS_MORE_RATINGS(0-0-0) Author
2024-04-28 20:40:12
NNN -- take it to the replies. The 16-year-high PMI data in the current suggested note only refers to the proportion of businesses reporting growth over a one month period. [Link] NEEDS_MORE_RATINGS(0-0-0) Author