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JPMorgan's Global All-Industry Output Index, produced with
Markit, rose to 53.7 in November from October's 53.1. It has
been above the 50 mark that divides growth from contraction
since October 2012.
"The November PMI surveys point to a further step in the right
direction for the global economy," said David Hensley, a
director at JPMorgan.
"If faster increases in new orders and employment translate into
a further bounce in the pace of expansion in December, fourth
quarter GDP growth should come in a shade higher than that
registered during Q3."
A PMI covering the service industry rose to 54.1 from 53.5. A
sister survey on Tuesday showed global manufacturing growth
remained tepid in November.
The global PMIs combine survey data from countries including the
United States, Japan, Germany, France, Britain, China and
Russia.
(Reporting by Jonathan Cable; Editing by Hugh Lawson)
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