Wall Street Journal
-- "Global manufacturing ended the year on a strong note, according a global purchasing managers’ index released by J.P. Morgan Chase
. The JPMorgan global PMI hit a six-month high of 55 in December from 53.9 the prior month. Any reading above 50 indicates expansion. The expansion was broad based led by the U.S. and the euro zone. China also continued to expand, though at a slightly slower rate. Only Japan and Greece were in contractionary territory."
MP: Note chart that accompanies the article showing that 21 of 23 countries listed were expanding in December, and only Greece and Japan were below 50 (contraction).