Positive end to 2013 for UK manufacturing
The latest Markit/CIPS UK Manufacturing PMI ended in December at 57.3, which although very slightly down on November’s 58.1 is still well into the positive territory above the neutral figure of 50....
View ArticleUK Manufacturing PMI Comes In Below Expectations
The seasonally adjusted Markit/CIPS Purchasing Managers Index® (PMI®) came in at an eight month low of 55.3 in March, although above the long term average of 51.4 it is about a percentage point below...
View ArticleUK Service Sector Activity Still Looks Good
With a growing confidence returning to the UK economy, companies are seeing an increase in volumes of incoming work and hiring, with employment rising at a record pace, says the latest Markit/CIPS UK...
View ArticleUK Manufacturing PMI hits 14 Month Low
The latest Markit/CIPS UK Manufacturing PMI has come in for August at a 14 month low of 52.5 but is still in positive territory above the neutral number of 50. This is down from July’s 54.8 and is the...
View ArticleManufacturing surveys: What do they tell us about the health of the global...
By Graham Bishop, Investment Director at Heartwood Investment Management July’s readings of the Markit Purchasing Manufacturers’ Surveys (PMIs) offered no real standout surprises. However, they seem to...
View ArticleGap between high and low earners widens in the UK
The disparity in income between the UK’s highest and highest earners has increased says a leading global financial information service. Their survey also shows that the deterioration in household...
View ArticleUK manufacturing growth slows in February
The growth rate of the UK’s manufacturing sector slowed in February after January’s unexpected rise. The Markit/CIPS UK Manufacturing PMI for February dropped slightly from January’s 52 to 51.2. Any...
View ArticleWhere will the magical economic growth come from?
The latest flash purchasing managers’ indexes from Markit do not paint a pretty picture for anyone. The Flash data, which comes out about a week before the finalised figures and are based on 85-90% of...
View ArticleOne survey does not make a summer
After three grinding years of austerity, pretty much zero economic growth, cuts in workers’ spending power and the growing realisation that unemployment figures probably understate the weakness in the...
View ArticleFlash PMIs pull back from 27-month highs
Softer conditions widespread in October says a BofA Merrill Lynch Global Research report The flash Euro area composite PMI fell back from 52.2 to 51.5 in October: below expectations of a marginal rise....
View ArticleUK Business Sentiment is Booming
UK businesses have been hiring people at the fastest rate in 16 years to keep up with the recent increases in new orders. The Markit/CIPS UK Services Purchasing Managers’ Index also rose to 62.5 in...
View ArticleMore good news for UK manufacturing
The seasonally adjusted Markit/CIPS Purchasing Manager’s Index® (PMI®) for November now stands at its highest level since February 2011. At 58.4 it has increased from Octobers (revised) 56.5 and is...
View ArticlePositive end to 2013 for UK manufacturing
The latest Markit/CIPS UK Manufacturing PMI ended in December at 57.3, which although very slightly down on November’s 58.1 is still well into the positive territory above the neutral figure of 50....
View ArticleUK Manufacturing PMI Comes In Below Expectations
The seasonally adjusted Markit/CIPS Purchasing Managers Index® (PMI®) came in at an eight month low of 55.3 in March, although above the long term average of 51.4 it is about a percentage point below...
View ArticleUK Service Sector Activity Still Looks Good
With a growing confidence returning to the UK economy, companies are seeing an increase in volumes of incoming work and hiring, with employment rising at a record pace, says the latest Markit/CIPS UK...
View ArticleUK Manufacturing PMI hits 14 Month Low
The latest Markit/CIPS UK Manufacturing PMI has come in for August at a 14 month low of 52.5 but is still in positive territory above the neutral number of 50. This is down from July’s 54.8 and is the...
View ArticleGap between high and low earners widens in the UK
The disparity in income between the UK’s highest and highest earners has increased says a leading global financial information service. Their survey also shows that the deterioration in household...
View ArticleUK manufacturing growth slows in February
The growth rate of the UK’s manufacturing sector slowed in February after January’s unexpected rise. The Markit/CIPS UK Manufacturing PMI for February dropped slightly from January’s 52 to 51.2. Any...
View ArticleWhere will the magical economic growth come from?
The latest flash purchasing managers’ indexes from Markit do not paint a pretty picture for anyone. The Flash data, which comes out about a week before the finalised figures and are based on 85-90% of...
View ArticleOne survey does not make a summer
After three grinding years of austerity, pretty much zero economic growth, cuts in workers’ spending power and the growing realisation that unemployment figures probably understate the weakness in the...
View Article