Global factory activity – graphic of the day

Manufacturing in the US grew in October at its slowest pace in more than three years and appears likely to act as a drag on overall growth in the final months of 2012. Markit said its U.S. Manufacturing Purchasing Managers Index fell to 51.0 this month, below a preliminary estimate of 51.3 and September’s reading of 51.1. Today’s graphic shows how key economies performed in October based on Manufacturing PMI.