Fears of a shock causing world crash are well-founded

Slow growth in China, the ongoing US-China trade war and the difficulties in the US aviation sector are all reasons for concern, but there are positive signs too

27th October, 2019

Recent trends in global manufacturing make for grim reading. Nearly half of the sector shows a contraction in underlying activity. In the eurozone, the manufacturing Purchasing Managers’ Index (PMI) has been in recession since the beginning of the year and continues to deteriorate.

In the US, the bellwether ISM manufacturing index moved into contraction territory in July. In China, the world’s manufacturing powerhouse, the sector has shown a modest contraction in activity since March,...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader



Unlimited Access for 1 Month, €19.99 Monthly thereafter

Get basic

*New subscribers only

You can cancel any time.



€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.




90 Day Pass

You can cancel any time.

2 Yearly



Unlimited Access for 2 Years

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

Analysis: Football’s super rich can get even richer if they allow the middle class to prosper

Sport Emmet Ryan 7 hours ago

Neale Richmond: No discussion can be off the table when it comes to a shared island

Analysis: Watt’s waiving of pay rise gets ministers off the hook – for now

Health Aiden Corkery 1 day ago

Analysis: Don’t expect fans to play ball with dead rubbers

Sport Emmet Ryan 1 day ago