Feb 6, 2021
Purchasing manager's index allows organizations to understand their economic standing through various surveys. Get in-depth knowledge on PMI and how it is helpful for buying freelancers through this podcast.
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Purchasing manager's index allows organizations to understand their economic standing through various surveys. Get in-depth knowledge on PMI and how it is helpful for buying freelancers through this podcast.
Manufacturing Rises For Third Straight Month, Quickest Pace In 13 Years: Survey India's manufacturing sector exercise improved for the third straight month in October 2020 with firms elevating output to the best extent in 13 years amid strong gross sales development.
Global Economy Shows Signs of Pulling Out of Its Slump
Global Economy Shows Signs of Pulling Out of Its Slump
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The global economy is gradually starting to pull out of its stall as lockdowns ease, according to surveys of purchasing managers, with output contracting at a slower pace in much of Europe and Asia this month, and in some instances expanding.
The improvement, albeit tentative, is most visible in countries that issued stringent stay-at-home rules, where economic activity fell sharply in…
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Global Economy Shows Signs of Pulling Out of Its Slump The global economy is gradually starting to pull out of its stall as lockdowns ease, according to surveys of purchasing managers, with output contracting at a slower pace in much of Europe and Asia this month, and in some instances expanding.
Chinese manufacturing expanded less than expected in February
Chinese manufacturing expanded less than expected in February
China reported official manufacturing Purchasing Managers’ Index expanded less than expected in February. The country’s official manufacturing PMI came in at 50.3 in February, lower than a Reuters’ poll of 51.2, the statistics bureau reported. The official manufacturing PMI reading was 51.3 in Ja…
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Japan's Manufacturing Growth Eases In February
Japan's Manufacturing Growth Eases In February
Japan’s manufacturing activity grew at a slightly slower pace in February, flash data from IHS Markit showed Wednesday. The Nikkei flash manufacturing Purchasing Managers’ Index fell to 54.0 in February from 54.8 in January. Nonetheless, a score above 50 indicates expansion in the sector. Data showed that both output and new orders expanded at the slowest pace since October 2017. Meanwhile,…
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Ireland Construction Growth At 8-Month High
Ireland Construction Growth At 8-Month High
Ireland’s construction activity expanded at the fastest pace in eight months in January, data from IHS Markit showed Monday. The Ulster Bank construction Purchasing Managers’ Index rose to 61.4 in January from 58.0 in December. Any reading above 50 indicates expansion in the sector. Among three monitored categories, activity on civil engineering projects increased sharply in January. Steep…
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Russia's Composite PMI Signals Softer Expansion
Russia’s private sector growth softened in January with a slight acceleration in manufacturing growth being outweighed by a weaker upturn in service sector output. The composite output index fell 54.8 in January from 56.0 in December. Nonetheless, a score above 50 indicates expansion in the sector. The services Purchasing Managers’ Index came in at 55.1 in January, down from 56.8 in December. New…
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