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PMI® Commentary and Analysis

Reliable and timely insight into the health of the global economy

Insights from our monthly Purchasing Managers’ Index™ (PMI®) survey data enable financial and corporate professionals to better understand where economies and markets are headed and uncover opportunities

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Featured
Economics Commentary Aug 08, 2025

Week Ahead Economic Preview: Week of 11 August 2025

Economics Commentary Aug 08, 2025

Monthly PMI Bulletin: August 2025

Economics Commentary Aug 07, 2025

Faster expansion of emerging market services contrasts with renewed manufacturing downturn

Economics Commentary Aug 07, 2025

Decline in global trade driven by manufacturing in July

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  1. Eurozone industrial production suffers largest monthly fall for two years

    14 October 2014

    "Eurozone industrial production fell more than expected in August, adding to fears that the region is facing a slide back into recession. Official...

    • Purchasing Managers’ Index (PMI)
  2. China exports grow at fastest rate for 19 months

    13 October 2014

    A rebound in China's export performance in the third quarter adds to survey evidence to suggest that improving trade flows are helping the economy...

    • Purchasing Managers’ Index (PMI)
  3. UK export downturn adds to growth worries

    10 October 2014

    More signs of the UK's economic performance being hampered by weak growth in the eurozone and sterling's appreciation are provided by an accelerating......

    • Purchasing Managers’ Index (PMI)
  4. French manufacturing barely growing as exports slump

    10 October 2014

    The French economy continues to struggle to avoid recession. Manufacturing has barely risen so far in the third quarter and exports are falling.......

    • Purchasing Managers’ Index (PMI)
  5. Downturn in official UK construction data jars with upbeat surveys

    10 October 2014

    "The UK construction sector suffered a 3.9% slump in output in August, according to data from the Office for National Statistics. Output was...

    • Purchasing Managers’ Index (PMI)
  6. Disappointing industrial production trend points to deepening Italian recession

    10 October 2014

    "Industrial production in Italy rose by 0.3% in August, but the increase only partially made up for a steep decline in July and leaves the underlying...

    • Purchasing Managers’ Index (PMI)
  7. Week Ahead Economic Overview

    09 October 2014

    "A vast amount of economic data are published during the week, including updates on inflation, the labour market and households' financial situations...

    • Purchasing Managers’ Index (PMI)
  8. Markit economic overview

    09 October 2014

    The following is an extract from Markit's monthly economic overview. For the full report please click the link at the bottom of the article....

    • Purchasing Managers’ Index (PMI)
  9. German export fall adds to recession worries, but trend not really so bad

    09 October 2014

    "German exports plunged 5.8% in August, adding to fears that the eurozone's largest member state is sliding back into recession. The news follows...

    • Purchasing Managers’ Index (PMI)
  10. Bank of England holds rates as growth worries emerge

    09 October 2014

    The Bank of England held interest rates at their record low of 0.5% at its September Monetary Policy Committee meeting amid mixed signs on the...

    • Purchasing Managers’ Index (PMI)
  11. UK recruitment industry reports ongoing jobs boom in September

    08 October 2014

    "Recruitment industry survey data signalled another near-record surge in demand for staff in September. The jobs market continued to tighten...

    • Purchasing Managers’ Index (PMI)
  12. Signs of renewed life as China PMI surveys signal best quarter since early-2013

    08 October 2014

    "The economic situation in China appears to be improving since earlier in the year. The HSBC PMI surveys, produced by Markit, collectively suggest...

    • Purchasing Managers’ Index (PMI)
  13. End of recession in sight for Brazil as PMI signals renewed growth in September

    08 October 2014

    PMI survey data provide tentative evidence that Brazil is pulling out of recession. Private sector activity rose for the first time in six months...

    • Purchasing Managers’ Index (PMI)
  14. Recession worries mount as German manufacturing falls at sharpest rate since financial crisis

    07 October 2014

    "German industrial production fell sharply in August and factory orders declined substantially, suggesting that the goods-producing sector is...

    • Purchasing Managers’ Index (PMI)
  15. Manufacturing stagnation looms as UK production trend weakens

    07 October 2014

    The growth surge enjoyed by UK manufacturing over the past year is running out of steam. Factory output growth has slowed sharply since earlier...

    • Purchasing Managers’ Index (PMI)
  16. US jobs growth rebounds and jobless rate plunges, but wage growth disappoints

    03 October 2014

    "Buoyant labour market data, plus signs that the US economy is growing strongly despite slower growth elsewhere in many countries, adds to the...

    • Purchasing Managers’ Index (PMI)
  17. US PMI surveys signal strong end to third quarter

    03 October 2014

    "Markit's US PMI surveys signalled an easing in the pace of economic growth in September, but there's good reason to believe that growth will...

    • Purchasing Managers’ Index (PMI)
  18. UK PMI surveys signal economic growth down to six-month low in September

    03 October 2014

    "September's PMI" surveys suggest that the UK most likely enjoyed another spell of above-trend economic growth in the third quarter, but that...

    • Purchasing Managers’ Index (PMI)
  19. Japanese PMI surveys show strongest economic growth for six months

    03 October 2014

    "Japan's economy continued to recover in September, reviving after GDP was hit in the second quarter by an increase in the country's sales tax....

    • Purchasing Managers’ Index (PMI)
  20. Eurozone growth wanes as downturns in France and Italy continue

    03 October 2014

    "The ongoing malaise in the eurozone economy continued at the end of the third quarter, with the latest PMI data showing a further waning of...

    • Purchasing Managers’ Index (PMI)
  21. Week Ahead Economic Overview

    02 October 2014

    Policy decisions at the Bank of England and the Bank of Japan plus industrial production numbers for a number of European countries are the highlights...

    • Purchasing Managers’ Index (PMI)
  22. PMI shows UK construction enjoying best quarter of growth for 17 years

    02 October 2014

    "After the manufacturing PMI signalled a disappointing slowing of factory growth in September, a near-record increase in activity registered...

    • Purchasing Managers’ Index (PMI)
  23. US manufacturing continues to decouple from rest of world

    01 October 2014

    "An initial glance at the global manufacturing PMI suggest that business activity in the world's factories continued to grow at a steady rate...

    • Purchasing Managers’ Index (PMI)
  24. US manufacturing PMI signals ongoing growth surge

    01 October 2014

    "At 57.5, the final Markit US Manufacturing PMI came in below the earlier flash reading of 57.9, signalling a slightly greater loss of growth...

    • Purchasing Managers’ Index (PMI)
  25. UK manufacturing PMI hits 17-month low

    01 October 2014

    The strong upsurge seen in the UK manufacturing sector at the start of the year is showing signs of having run its course. September's Markit/CIPS...

    • Purchasing Managers’ Index (PMI)
  26. Manufacturing PMI casts further gloom on eurozone

    01 October 2014

    September's Markit Eurozone Manufacturing PMI makes for gloomy reading. The euro area's goods-producing sector has lost the growth momentum seen...

    • Purchasing Managers’ Index (PMI)
  27. Japan's manufacturing sector still struggling after sales tax rise

    01 October 2014

    "Japanese manufacturers are clearly still struggling after the country raised its sales tax on 1st April, though perhaps not as much as official...

    • Purchasing Managers’ Index (PMI)
  28. Stronger than previously thought UK recovery pushes GDP 2.7% above pre-crisis peak

    30 September 2014

    "The UK economy grew faster than previously estimated in the second quarter, according to revised official data, bringing the pace of expansion...

    • Purchasing Managers’ Index (PMI)
  29. US growth revised up

    26 September 2014

    "The US economy grew faster than previously thought in the second quarter, according to revised official data, expanding at the steepest rate...

    • Purchasing Managers’ Index (PMI)
  30. Explaining why PMI data sometimes diverge from official statistics

    26 September 2014

    Eurozone PMI survey data diverged from official gross domestic product (GDP) in the second quarter of 2014. This paper explores whether this...

    • Purchasing Managers’ Index (PMI)
  31. Week Ahead Economic Overview

    25 September 2014

    Worldwide manufacturing and service PMI releases plus updates on the US labour market and factory orders are highlights of the week. Other standouts...

    • Purchasing Managers’ Index (PMI)
  32. Subdued Japan PMI provides food for thought for policymakers

    24 September 2014

    "Japan's economy looks set to rebound from the contraction seen in the second quarter, but the recovery looks far from convincing, which will...

    • Purchasing Managers’ Index (PMI)
  33. Strong flash PMI rounds off best quarter for US manufacturing since crisis

    23 September 2014

    Markit's flash PMI signalled another month of impressive growth of the US manufacturing economy. The third quarter as a whole has seen the strongest......

    • Purchasing Managers’ Index (PMI)
  34. PMI signals further waning of eurozone growth in September

    23 September 2014

    "Euro area business activity grew in September at the lowest rate seen so far this year, according to the preliminary 'flash' PMI survey data....

    • Purchasing Managers’ Index (PMI)
  35. China flash PMI signals steepening job losses amid near stagnation of activity

    23 September 2014

    Another month of near stagnant business activity was reported at China's factories in September. Disappointingly weak growth of output and new...

    • Purchasing Managers’ Index (PMI)
  36. Week Ahead Economic Overview

    18 September 2014

    Flash PMI releases to give insight into worldwide economic trends at the end of the third quarter Durable goods orders and GDP update in US Economic......

    • Purchasing Managers’ Index (PMI)
  37. UK retail sales show signs of waning

    18 September 2014

    "Retail sales up 0.4% in August after flat July Sales running a mere 0.3% in Q3 compared to Q2 average, pointing to slowing economy Upbeat household...

    • Purchasing Managers’ Index (PMI)
  38. Official data confirm Irish growth spurt

    18 September 2014

    GDP rises 1.5% in Q2 after 2.8% rise in Q1 Annual pace of growth was fastest since 2007 Further robust rise in GDP signalled for Q3 Ireland's...

    • Purchasing Managers’ Index (PMI)
  39. CBI survey confirms UK manufacturing slowdown

    18 September 2014

    CBI survey sends mixed signals of manufacturing health Future output measure remains historically high but order book situation deteriorates...

    • Purchasing Managers’ Index (PMI)
  40. UK unemployment drops to 6.2%, but MPC shows no rush to raise rates

    17 September 2014

    "UK unemployment continued to fall in July, but wage growth remained stuck at an all-time low. There was little therefore in the latest official...

    • Purchasing Managers’ Index (PMI)
  41. Lower US inflation rates provide leeway for loose policy

    17 September 2014

    "Inflation rates cooled around the globe in August, suggesting the global economic upturn remains too weak to generate price pressures to an...

    • Purchasing Managers’ Index (PMI)
  42. UK inflation falls to 1.5%, but house prices rise at fastest rate for seven years

    16 September 2014

    "UK inflation eased to the joint-lowest seen over the past five years in August, dropping further below the Bank of England's 2% target. The...

    • Purchasing Managers’ Index (PMI)
  43. US economy set for strong growth despite surprise fall in factory output

    15 September 2014

    A drop in factory output in August looks to be merely a blip in a solid underlying trend. GDP in fact looks to be on course to rise strongly...

    • Purchasing Managers’ Index (PMI)
  44. Industrial production growth in China weakens to post-crisis low

    15 September 2014

    "Official data showed growth of industrial production slowing sharply in August, dropping to the lowest for almost six years. The data raise...

    • Purchasing Managers’ Index (PMI)
  45. UK construction fails to benefit from upturn

    12 September 2014

    "The UK construction industry is continuing to stagnate, according to official data, contrasting markedly with upbeat business survey data which...

    • Purchasing Managers’ Index (PMI)
  46. Fall in output confirms Italian downturn

    12 September 2014

    "Italy's economic nightmare shows no signs of abating as official data on the health of Italian industry showed a deteriorating situation in...

    • Purchasing Managers’ Index (PMI)
  47. Eurozone production rebounds in July, but trend weakens

    12 September 2014

    "Eurozone industrial production rebounded in July, but the upturn masks an underlying trend of an economy that continues to struggle. Official...

    • Purchasing Managers’ Index (PMI)
  48. Buoyant US consumers provide retail sales boost

    12 September 2014

    A further rise in retail sales and upbeat consumer confidence data provide further signs of the US economy having maintained strong momentum...

    • Purchasing Managers’ Index (PMI)
  49. Week Ahead Economic Overview

    11 September 2014

    "A vast amount of economic data are released during the week, including updates on inflation and the labour market in the UK and minutes from...

    • Purchasing Managers’ Index (PMI)
  50. Cooling of Chinese inflation provides leeway for further stimulus

    11 September 2014

    A cooling of inflation provides further leeway for policymakers to add more stimulus to the Chinese economy if growth continues to disappoint...

    • Purchasing Managers’ Index (PMI)
  51. Production rises sharply at global tech equipment firms

    10 September 2014

    Global sector PMI" data from Markit signalled that technology equipment companies saw the strongest performance of all manufacturing-based sectors...

    • Purchasing Managers’ Index (PMI)
  52. UK output up in July but weakening trend evident

    09 September 2014

    "UK factory output rose for a second successive month in July, but the rate underlying rate of growth appears to have eased from the strong pace...

    • Purchasing Managers’ Index (PMI)
  53. Markit economic overview

    09 September 2014

    The following is an extract from Markit's monthly economic overview. For the full report please click the link at the bottom of the article....

    • Purchasing Managers’ Index (PMI)
  54. Irish PMI signals fastest economic growth for 14 years

    08 September 2014

    "The recovery in the Irish economy continued in August, with PMI" data covering the combined manufacturing, services and construction sectors...

    • Purchasing Managers’ Index (PMI)
  55. Business and financial services drive global growth in August

    08 September 2014

    PMI data from Markit signalled that business-facing and finance-related sectors achieved the fastest rates of activity expansion globally in...

    • Purchasing Managers’ Index (PMI)
  56. US jobs growth weakens to eight month low in August

    05 September 2014

    A disappointing employment report gives US policy makers food for thought about when the economy might be capable of withstanding higher interest...

    • Purchasing Managers’ Index (PMI)
  57. UK unemployment to fall further as job vacancies rise at fastest rate in 16 years

    05 September 2014

    "Recruitment industry survey data point to a further drop in UK unemployment over the summer, but also highlight worsening staff availability...

    • Purchasing Managers’ Index (PMI)
  58. Italian homebuilding contracts at fastest pace in 17 months

    05 September 2014

    "Construction activity in Italy continued to contract during August, led by a sharp and accelerated decrease in residential building work. New...

    • Purchasing Managers’ Index (PMI)
  59. German industrial production rebounds in July, bodes well for third quarter

    05 September 2014

    "German industrial production increased for the second successive month in July and factory orders rose at the sharpest rate in over a year...

    • Purchasing Managers’ Index (PMI)
  60. Week Ahead Economic Overview

    04 September 2014

    "The week sees a fleet of data for the eurozone, including updates on the labour market and industrial production. The UK also sees the release...

    • Purchasing Managers’ Index (PMI)
  61. PMI data show US and UK spearheading global economic upturn in August

    04 September 2014

    "The global economy continued to grow at a robust pace in August, with the rate of expansion dipping slightly but remaining close to the strongest...

    • Purchasing Managers’ Index (PMI)
  62. German all-sector PMI drops to ten-month low as manufacturing loses momentum

    04 September 2014

    "Economic growth in Germany's private sector slowed in August, according to latest PMI results. Growth in the internationally-focused manufacturing...

    • Purchasing Managers’ Index (PMI)
  63. ECB takes further action to boost economy

    04 September 2014

    The European Central Bank took further steps to bolster the faltering eurozone economic recovery at its September meeting. New action included...

    • Purchasing Managers’ Index (PMI)
  64. Bank of England holds rates amid confusing policy picture

    04 September 2014

    "The Bank of England left interest rates unchanged at its September meeting, but it's likely that the discussion about whether the UK is ready...

    • Purchasing Managers’ Index (PMI)
  65. UK economy picks up speed in August despite slowdown in manufacturing

    03 September 2014

    "The rate of UK economic growth accelerated in August, according to the Markit/CIPS PMI" surveys, but the upturn became ever more dependent on...

    • Purchasing Managers’ Index (PMI)
  66. Japanese PMI surveys point to modest GDP rise in third quarter

    03 September 2014

    Japan's economy looks set to avoid a renewed recession as PMI data suggest the economy has rebounded after shrinking in the second quarter. Gross...

    • Purchasing Managers’ Index (PMI)
  67. Eurozone recovery slows

    03 September 2014

    "Eurozone output expanded for the fourteenth successive month in August, according to the latest PMI surveys from Markit. At 52.5 in August...

    • Purchasing Managers’ Index (PMI)
  68. US heads manufacturing PMI rankings as Europe and China struggle

    02 September 2014

    "A relatively stable headline global PMI in August masked varying regional trends across the world's factories. The JPMorgan Global Manufacturing...

    • Purchasing Managers’ Index (PMI)
  69. UK construction sector picks up speed in August but supply problems worsen

    02 September 2014

    "The UK construction boom continued in August, according to buoyant PMI" survey data. Activity rose strongly, generating another near-record...

    • Purchasing Managers’ Index (PMI)
  70. Week Ahead Economic Overview

    28 August 2014

    Policy decisions at the Bank of England and the European Central Bank plus worldwide manufacturing and service sector PMI releases are the highlights...

    • Purchasing Managers’ Index (PMI)
  71. Week Ahead Economic Overview

    21 August 2014

    The week sees updates on inflation and unemployment for the eurozone amid industrial production numbers and labour market data for Japan. Other...

    • Purchasing Managers’ Index (PMI)
  72. Eurozone recovery makes steady progress in August

    21 August 2014

    "The Markit Flash Eurozone Composite Output Index gave back the ground it made in July, posting 52.8 in August, down from 53.8. The headline...

    • Purchasing Managers’ Index (PMI)
  73. U.S. Manufacturing PMI highest since April 2010

    21 August 2014

    The seasonally adjusted Markit Flash U.S. Manufacturing Purchasing Managers' Index" (PMI") - which is designed to signal changes in prevailing...

    • Purchasing Managers’ Index (PMI)
  74. UK economic growth confirmed at 0.8% in second quarter

    15 August 2014

    The UK economy's on-going recovery was confirmed by the second estimate of gross domestic product in Q2 showing a healthy 0.8% expansion compared...

    • Purchasing Managers’ Index (PMI)
  75. German economy suffers surprise contraction in second quarter

    14 August 2014

    "The German economy contracted in the second quarter of 2014, raising worries that the eurozone's largest member state could be facing a triple-dip..."...

    • Purchasing Managers’ Index (PMI)
  76. Euro area economy stagnates in second quarter

    14 August 2014

    "A stalling of economic growth in the second quarter raises concerns that the euro area is sliding back into a triple dip recession. Many, including...

    • Purchasing Managers’ Index (PMI)
  77. French economy mired in stagnation

    14 August 2014

    "The French economy continued to stagnate in the second quarter of 2014, signalling an on-going lack of growth in the euro area's second-largest...

    • Purchasing Managers’ Index (PMI)
  78. Week Ahead Economic Overview

    13 August 2014

    Thursday's Flash PMI" data from Markit will provide the first insights into the health of the world's largest economies in August. Other standouts...

    • Purchasing Managers’ Index (PMI)
  79. UK pay growth slides to new low despite further tightening of the labour market

    13 August 2014

    "Unemployment dropped to its lowest since late 2008 in the three months to June, as employment continued to rise. The puzzle persists, however...

    • Purchasing Managers’ Index (PMI)
  80. Stagnation of US retail sales bodes ill for third quarter GDP

    13 August 2014

    Hopes of the US economy enjoying a strong third quarter were dampened as retail sales showed no change in July. Sales growth has now slowed for...

    • Purchasing Managers’ Index (PMI)
  81. Japanese GDP falls 1.7% as spending hit by sales tax rise

    13 August 2014

    "Japan's economy shrank in the second quarter as a rise in the country's sales tax hit spending. The government expects the downturn to be temporary,..."...

    • Purchasing Managers’ Index (PMI)
  82. Eurozone industrial production falls for second month running in June

    13 August 2014

    "Eurozone industrial production fell for a second successive month in June, raising the possibility of the economic recovery losing further momentum...

    • Purchasing Managers’ Index (PMI)
  83. Bank of England's brighter outlook marred by wage growth pessimism

    13 August 2014

    The Bank of England's latest quarterly Inflation Report revealed a brighter outlook for unemployment and a modest upward revision to the pace...

    • Purchasing Managers’ Index (PMI)
  84. Survey points to further drop in UK unemployment and rising pay pressures

    08 August 2014

    "Surging demand for staff and a record deterioration in staff availability led to a further steep increase in pay rates in July, according to...

    • Purchasing Managers’ Index (PMI)
  85. Week Ahead Economic Overview [11-15 Aug]: Second quarter GDP for Eurozone and Japan

    08 August 2014

    The week sees the first estimate of second quarter GDP and inflation numbers for the Eurozone amid a labour market update and the publication...

    • Purchasing Managers’ Index (PMI)
  86. UK trade deficit worsens on exports downturn

    08 August 2014

    "The UK's trade deficit worsened again in June, meaning the country's economic recovery remains reliant on domestic demand. The trade situation...

    • Purchasing Managers’ Index (PMI)
  87. UK construction rebounds in June, but official data still lag upbeat surveys

    08 August 2014

    "Official data on the health of the UK construction industry have been surprisingly disappointing so far this year, but there was some better...

    • Purchasing Managers’ Index (PMI)
  88. Survey points to further drop in unemployment and rising pay pressures

    08 August 2014

    "Surging demand for staff and a record deterioration in staff availability led to a further steep increase in pay rates in July, according to...

    • Purchasing Managers’ Index (PMI)
  89. Spanish employment rises for first time in six years as recovery gains momentum

    08 August 2014

    The recent news that employment in Spain increased on an annual basis for the first time in six years during the second quarter of 2014 has added...

    • Purchasing Managers’ Index (PMI)
  90. Global real estate activity increases at record pace in July

    07 August 2014

    "PMI data from Markit showed that the real estate sector led the global upturn at the start of the third quarter, building on June's strong performance....

    • Purchasing Managers’ Index (PMI)
  91. ECB leaves policy unchanged, awaiting impact from prior stimulus

    07 August 2014

    "As widely expected, the European Central Bank left policy unchanged at its August Governing Council meeting. At the press conference, President...

    • Purchasing Managers’ Index (PMI)
  92. Chinese manufacturing upturn offset by stagnation in services

    07 August 2014

    "The HSBC/Markit China PMI surveys pointed to the third successive monthly expansion of output in July, a return to growth which adds to the...

    • Purchasing Managers’ Index (PMI)
  93. Bank of England maintains ultra-loose policy stance

    07 August 2014

    "There was no change in interest rates at the Bank of England at its August meeting, but we expect the minutes to show that opinion is moving...

    • Purchasing Managers’ Index (PMI)
  94. UK economy sees strong start to third quarter as PMI rises to highest since April

    05 August 2014

    The growth surge in the UK economy shows no signs of abating. The three Markit/CIPS PMI" surveys showed business activity expanding in July at...

    • Purchasing Managers’ Index (PMI)
  95. South Africa PMI falls sharply as economy hit hard by strikes

    05 August 2014

    July's PMI results bring more negative news for a country that has been hit hard by strikes and high inflation in recent months. The HSBC South...

    • Purchasing Managers’ Index (PMI)
  96. Global economy makes solid start to third quarter

    05 August 2014

    "The global economy made a solid start to the third quarter, as output growth accelerated to its fastest rate in almost three-and-a-half years....

    • Purchasing Managers’ Index (PMI)
  97. Eurozone growth accelerates as Germany and Spain strengthen

    05 August 2014

    Eurozone economic growth accelerated at the start of the third quarter. The final Markit Eurozone PMI Composite Output Index rose to a three-month...

    • Purchasing Managers’ Index (PMI)
  98. Chinese manufacturing output expands solidly, while service sector activity stagnates

    05 August 2014

    HSBC China Composite PMI" data (which covers both manufacturing and services) signalled a third consecutive monthly expansion of Chinese business...

    • Purchasing Managers’ Index (PMI)
  99. UK construction hiring hits new record as boom rolls on into July

    04 August 2014

    "Surging growth of new business encouraged constructors to take on a record number of extra staff in July, according to PMI" data. Alongside...

    • Purchasing Managers’ Index (PMI)
  100. Week Ahead Economic Overview [4-8 Aug]: European monetary policy and worldwide services PMI results

    01 August 2014

    Policy decision at the Bank of England and European Central Bank plus worldwide whole economy and service sector PMI releases are the highlights...

    • Purchasing Managers’ Index (PMI)
  101. UK manufacturing enjoys strong start to third quarter though growth rate cools

    01 August 2014

    "The UK manufacturing sector started the third quarter on a firm footing, according to the latest PMI survey published by Markit and CIPS. The...

    • Purchasing Managers’ Index (PMI)
  102. Global manufacturing sees robust start to third quarter amid strong US and UK expansions and signs of faster growth in Asia

    01 August 2014

    The global manufacturing economy continued to grow at a steady though unspectacular pace at the start of the third quarter. The US and UK again...

    • Purchasing Managers’ Index (PMI)
  103. Further strong US job gains in July but labour market data shows signs of cooling

    01 August 2014

    US job creation remained robust in July as the strong economic upturn seen in the second quarter looks to have spilled over into the third quarter.......

    • Purchasing Managers’ Index (PMI)
  104. Eurozone manufacturing recovery continues at start of third quarter, despite deeper downturn in France

    01 August 2014

    "July saw the final Eurozone Manufacturing PMI hold steady at June's seven-month low of 51.8, as the ongoing expansions in Germany and outside...

    • Purchasing Managers’ Index (PMI)
  105. China Manufacturing PMI strengthens to 18-month high in July

    01 August 2014

    Latest data signalled a second successive monthly improvement in overall operating conditions faced by Chinese manufacturers in July. Output...

    • Purchasing Managers’ Index (PMI)
  106. Second quarter US GDP rebound adds to survey signals of vibrant economy

    30 July 2014

    "The US economy rebounded strongly in the second quarter, and further impressive growth looks likely for the third quarter. However, it looks...

    • Purchasing Managers’ Index (PMI)
  107. UK economy passes pre-crisis peak

    25 July 2014

    A milestone in the UK recovery has been reached after a further strong performance in the second quarter brings the size of the economy above...

    • Purchasing Managers’ Index (PMI)
  108. Week Ahead Economic Overview [28th Jul - 1st Aug]: Q2 US GDP, non-farm payrolls and FOMC meeting

    24 July 2014

    "Worldwide PMI" reports are accompanied by second quarter US GDP, US non-farm payrolls and the Fed interest rate decision, plus unemployment...

    • Purchasing Managers’ Index (PMI)
  109. US manufacturing growth holds close to four-year peak

    24 July 2014

    "At 56.3 in July, down from 57.3 in June, the seasonally adjusted Markit Flash U.S. Manufacturing Purchasing Managers' Index" (PMI") signalled...

    • Purchasing Managers’ Index (PMI)
  110. UK retailers enjoy best calendar quarter of sales growth for ten years

    24 July 2014

    "UK retailers are enjoying their spell for a decade in terms of sales growth, despite seeing disappointing performances in May and June.Download...

    • Purchasing Managers’ Index (PMI)
  111. Robust start to third quarter as flash PMI hits one-and-a-half year high in China

    24 July 2014

    "Growth of China's manufacturing economy accelerated to the fastest for a year and a half in July, according to the first PMI-based snapshot...

    • Purchasing Managers’ Index (PMI)
  112. Japan flash manufacturing PMI points to subdued growth since sales tax rise

    24 July 2014

    "Japan's economy looks set to avoid a downturn following April's sales tax rise, but the pace of growth remains well below that seen at the start...

    • Purchasing Managers’ Index (PMI)
  113. Eurozone manufacturing expansion continues at start of third quarter

    24 July 2014

    "The Markit Flash Eurozone Manufacturing PMI" - typically based on around 85%-90% of final survey responses - ticked higher to 51.9 in July...

    • Purchasing Managers’ Index (PMI)
  114. Bank of England policymakers mull over timing of first rate hike amid wage growth uncertainty

    23 July 2014

    Policymakers at the Bank of England's latest Monetary Policy Committee meeting continued to stress that interest rates are likely to only go...

    • Purchasing Managers’ Index (PMI)
  115. Week Ahead Economic Overview [21-25 Jul]: UK GDP and worldwide Flash PMI" releases

    17 July 2014

    Thursday's Flash PMI" data from Markit will provide first insights into the health of the world's largest economies at the start of the third...

    • Purchasing Managers’ Index (PMI)
  116. UK job vacancy data and surveys cast doubt on weakness of current wage growth

    16 July 2014

    "Employee pay growth fell to a record low in May, according to the latest data from the Office for National Statistics. The wages data look odd...

    • Purchasing Managers’ Index (PMI)
  117. UK Unemployment falls and employment surges, but pay growth hits record low

    16 July 2014

    "The labour market puzzle continues, with official data indicating that employee pay is at an all-time low despite record job creation, plunging..."...

    • Purchasing Managers’ Index (PMI)
  118. UK Households pull back on their expectations of first interest rate hike

    16 July 2014

    "Survey data collected from 1,500 households by Ipsos MORI on behalf of Markit found that half of all households that expressed a view expect...

    • Purchasing Managers’ Index (PMI)
  119. UK Household finances deteriorate at sharpest rate for six months

    16 July 2014

    "Falling to 42.1 in July, from 42.6 in June, the seasonally adjusted Markit Household Finance Index (HFI) - which measures overall perceptions...

    • Purchasing Managers’ Index (PMI)
  120. UK inflation moves closer to Bank of England target in June, house prices surge

    15 July 2014

    UK inflation moved sharply higher in June alongside another surge in house prices. The news will further fuel expectations that the Bank of England...

    • Purchasing Managers’ Index (PMI)
  121. Worldwide business confidence wanes

    14 July 2014

    "Worldwide business optimism has waned compared to the two-year high seen earlier in 2014, according to the latest Markit Global Business Outlook...

    • Purchasing Managers’ Index (PMI)
  122. Eurozone industrial production falls in May and business optimism wanes

    14 July 2014

    "Eurozone industrial production fell sharply in May. Although the decline is likely to have been temporary, the disappointing numbers add to...

    • Purchasing Managers’ Index (PMI)
  123. UK construction sector suffers temporary set back in May as output falls

    11 July 2014

    "The construction industry moved into reverse in May, according to official data. The weakness of these data alongside disappointing manufacturing...

    • Purchasing Managers’ Index (PMI)
  124. Week Ahead Economic Overview

    10 July 2014

    "The week sees as vast amount of economic news, including updates on inflation and the labour market in the UK and industrial production numbers...

    • Purchasing Managers’ Index (PMI)
  125. UK trade deficit widens in May as modest export growth offset by rising imports

    10 July 2014

    "A modest rise in exports in May was offset by a stronger increase in imports, causing the deficit to widen and suggesting that UK trade acted...

    • Purchasing Managers’ Index (PMI)
  126. The UK manufacturing output slump contrasts with upbeat business surveys

    08 July 2014

    "Britain's factories saw a surprise drop in output in May, which will add to arguments that the recovery remains too fragile for policymakers...

    • Purchasing Managers’ Index (PMI)
  127. Record rise in starting salaries for UK employees as skill shortages worsen

    08 July 2014

    "Starting salaries for permanent staff and temporary worker pay rates surged higher in June, according to recruitment industry survey data. Starting..."...

    • Purchasing Managers’ Index (PMI)
  128. Global real estate activity surges in June

    07 July 2014

    "Global Sector PMI data from Markit showed that real estate activity increased markedly in June. The sector rose to the top of the global rankings...

    • Purchasing Managers’ Index (PMI)
  129. Emerging markets gain momentum in June

    07 July 2014

    "The HSBC Emerging Markets Index (EMI), a monthly indicator derived from the PMI surveys, indicated stronger output growth across global emerging...

    • Purchasing Managers’ Index (PMI)
  130. Week Ahead Economic Overview [7-11 Jul]: Monetary policy updates, European industry output and Chinese trade data

    04 July 2014

    "The Bank of England's monetary policy decision, FOMC meeting minutes and a host of industrial production data across Europe are highlights of...

    • Purchasing Managers’ Index (PMI)
  131. Surveys show job creation in the UK is at a record high as economy continues to boom

    03 July 2014

    Yet another strong service sector PMI number indicates the UK economy continued to boom at the end of the second quarter. Alongside similar surveys...

    • Purchasing Managers’ Index (PMI)
  132. Strong labour market data from the US add to signs of economy enjoying growth spurt

    03 July 2014

    Improving official labour market data add to indications that the US economy is enjoying a strong growth spurt in the second quarter. The improvement...

    • Purchasing Managers’ Index (PMI)
  133. PMI signals fastest global economic growth for three years

    03 July 2014

    "The global economy ended the second quarter on a high note. Growth rates for output and new orders accelerated to the fastest since February...

    • Purchasing Managers’ Index (PMI)
  134. The UK construction sector hiring hits all-time high as building booms in June

    02 July 2014

    "The construction industry took on a record number of staff in June as activity in the sector continued to boom, according to PMI" data. However,..."...

    • Purchasing Managers’ Index (PMI)
  135. US and UK lead worldwide manufacturing growth higher in June

    01 July 2014

    "The global manufacturing economy grew at the fastest rate for four months in June, with the rate of expansion closing in on the near-three-year...

    • Purchasing Managers’ Index (PMI)
  136. Economic recovery in the UK buoyed by surge in business investment

    27 June 2014

    A lack of any upward revision to economic growth in the first quarter increases the chances of the first hike in interest rates being pushed...

    • Purchasing Managers’ Index (PMI)
  137. Week Ahead Economic Overview [30 Jun - 4 Jul]: Worldwide manufacturing and services PMI" releases

    26 June 2014

    The week sees the manufacturing and services PMI reports released worldwide amid the latest rate decision from the European Central Bank. Labour...

    • Purchasing Managers’ Index (PMI)
  138. The US PMI surveys signal surge in growth to post-crisis high in June

    25 June 2014

    "Markit's PMI data showed US business activity, new orders and employment surging higher in June, all growing at the fastest rates seen since...

    • Purchasing Managers’ Index (PMI)
  139. The US manufacturing PMI points to strongest improvement in overall business conditions since May 2010

    23 June 2014

    "June data pointed to a robust and accelerated improvement in the performance of the U.S. manufacturing sector. At 57.5 in June, up from 56.4...

    • Purchasing Managers’ Index (PMI)
  140. PMI signals return to growth of Chinese manufacturing economy

    23 June 2014

    Worries that China's economy is facing a so-called 'hard-landing' will be alleviated as the manufacturing sector returned to growth in June.Download...

    • Purchasing Managers’ Index (PMI)
  141. PMI heralds return to growth of Japanese manufacturing as sales tax impact wanes

    23 June 2014

    Japan's economy is showing signs of bouncing back after being hit by the April 1st sales tax rise. The flash Markit/JMMA manufacturing PMI rose...

    • Purchasing Managers’ Index (PMI)
  142. Eurozone growth slows to six-month low despite strengthening 'periphery'

    23 June 2014

    "Eurozone economic growth slowed for a second month running in June, easing to the weakest since December, according to the flash reading of...

    • Purchasing Managers’ Index (PMI)
  143. 'Flash' PMI surveys show Eurozone woes, Asia rebounds and US factory growth hits four-year high

    23 June 2014

    Markit's flash PMI" data for June pointed to resurgent expansion in Asia alongside signs of a strengthening recovery in the US. Growth disappointed...

    • Purchasing Managers’ Index (PMI)
  144. Week Ahead Economic Overview [23-27 Jun]: Flash PMI and US, UK GDP updates

    19 June 2014

    Monday's Flash PMI data from Markit will provide the first insights into the health of the world's largest economies in June. Other standouts...

    • Purchasing Managers’ Index (PMI)
  145. UK retailers enjoy best start to a year for a decade

    19 June 2014

    "Despite falling in May after an Easter-holiday related surge in April, retail sales are growing at an impressive pace so far this year. With...

    • Purchasing Managers’ Index (PMI)
  146. UK policymakers hint at 2014 rate hike amid uncertainty over economic slack

    18 June 2014

    "The Minutes from the latest Bank of England Monetary Policy Committee Meeting add to the expectation that rates will start to rise later this...

    • Purchasing Managers’ Index (PMI)
  147. UK inflation drops to 4" year low, but rising house prices confuse the policy picture

    17 June 2014

    "UK policymakers were confronted with more mixed news on the economy, as inflation fell to a four-and-a-half year low in May, but the official...

    • Purchasing Managers’ Index (PMI)
  148. Construction sector booms, Bank of England raises prospect of 2014 rate hike

    13 June 2014

    "A booming construction industry, faster-than-previously-thought economic growth at the start of the year and hawkish remarks from the Bank of...

    • Purchasing Managers’ Index (PMI)
  149. Global tourism & recreation sector posts solid activity growth in May

    13 June 2014

    The latest Markit Global Sector PMI™ data indicated a solid rise in activity in the tourism & recreation sector. Tourism & recreation also drove...

    • Purchasing Managers’ Index (PMI)
  150. Week Ahead Economic Overview [16-20 Jun]: Industrial production and FOMC decision in US

    12 June 2014

    "The week sees a vast amount of economic news, including industrial production and inflation data for the US, UK inflation and retail sales numbers...

    • Purchasing Managers’ Index (PMI)
  151. US Retailers on course for best calendar quarter for over three years

    12 June 2014

    "Retailers are on course for their best calendar quarter in terms of sales for over three years, providing further evidence that the US economy...

    • Purchasing Managers’ Index (PMI)
  152. Eurozone industry grows twice as fast as expected in April

    12 June 2014

    "The euro area recovery gathered significant momentum in April, with a much stronger than expected rise in industrial production adding to signs...

    • Purchasing Managers’ Index (PMI)
  153. UK unemployment plunges on back of record increase in employment

    11 June 2014

    "Unemployment continues to fall faster than expected amid yet another bout of record hiring, bringing the jobless total to its lowest since early...

    • Purchasing Managers’ Index (PMI)
  154. Truck weight restrictions disrupt manufacturing supply chains in Vietnam

    11 June 2014

    "In the past few months the Vietnamese authorities have stepped up their enforcement of weight limits on trucks. HSBC PMI data, compiled by Markit...

    • Purchasing Managers’ Index (PMI)
  155. UK manufacturing recovery gains further momentum

    10 June 2014

    "Britain's factories are booming, enjoying their best spell of growth for four years, according to the latest official data. The data not only...

    • Purchasing Managers’ Index (PMI)
  156. Record outperformance of developed world over emerging markets

    10 June 2014

    "The global economy grew in May at the fastest rate since last September. The JPMorgan Global PMI", compiled by Markit, rose from 52.8 in April...

    • Purchasing Managers’ Index (PMI)
  157. Global metals & mining output growth remains subdued

    09 June 2014

    May saw output growth in the metals & mining sector ease to a only a modest pace, and one that was much slower than the global manufacturing...

    • Purchasing Managers’ Index (PMI)
  158. UK trade deficit widens but buoyant surveys cast doubt on slump in official exports

    06 June 2014

    "A further marked deterioration in UK export performance, according to official trade data, sits in marked contrast to buoyant survey data. While...

    • Purchasing Managers’ Index (PMI)
  159. UK pay growth reviving as skill shortages rise at fastest rate since 1997

    06 June 2014

    Surging demand for staff and near-record skill shortages meant pay rates offered by UK companies to attract suitable workers continued to rise...

    • Purchasing Managers’ Index (PMI)
  160. US employment surpasses pre-recession peak, but Fed awaits pay rise

    06 June 2014

    "The labour market was a little stronger than anticipated in May, according to official data, bringing yet more good news on the brightening...

    • Purchasing Managers’ Index (PMI)
  161. Global food output growth at post-crisis high in May

    06 June 2014

    "The latest Markit Global Sector PMI data indicated that output in the global food industry rose sharply in May, and at a faster rate than all...

    • Purchasing Managers’ Index (PMI)
  162. Food producers climb to top of global sector rankings in May

    06 June 2014

    "Global Sector PMI data from Markit showed that food manufacturing topped the rankings in May. In contrast, beverages was the only sector to...

    • Purchasing Managers’ Index (PMI)
  163. Week Ahead Economic Overview [9-13 Jun]: UK jobless rate set to fall further

    05 June 2014

    "Next week sees a busy economic calendar. In the UK labour markets data are the highlight, providing important clues into the timing of the first...

    • Purchasing Managers’ Index (PMI)
  164. ECB takes out a policy "shotgun' to kill deflation

    05 June 2014

    "While the Bank of England pulled no surprises at its monthly policy meeting, the European Central Bank went further than expected in terms of...

    • Purchasing Managers’ Index (PMI)
  165. Bank of England policymakers hold off on rate rises again

    05 June 2014

    No surprises as the Bank of England's Monetary Policy Committee left interest rates unchanged at a record low of 0.5% at its June meeting. The...

    • Purchasing Managers’ Index (PMI)
  166. UK job creation sustained at all-time high as economy continues to surge

    04 June 2014

    "Strong PMI surveys for May add further to signs of another strong expansion of the UK economy in the second quarter, with the latest growth...

    • Purchasing Managers’ Index (PMI)
  167. Sales tax hike causes Japan's economy to contract for second month running

    04 June 2014

    "Business activity in Japan contracted for a second month running in May, according to Markit PMI survey data. However, the drop in activity...

    • Purchasing Managers’ Index (PMI)
  168. UK manufacturing upsurge continues

    02 June 2014

    May saw the UK manufacturing sector maintain one of its brightest spells of output and new order growth in the 22-year survey history. As manufacturers......

    • Purchasing Managers’ Index (PMI)
  169. Slower decline in Japanese manufacturing output in May

    02 June 2014

    Japanese manufacturing firms saw a decline in output for the second month running in May alongside a continued fall in new orders and new export...

    • Purchasing Managers’ Index (PMI)
  170. Sharpest rise in US production levels since February 2011

    02 June 2014

    "May data signalled that output growth in the US manufacturing sector continued to accelerate through the second quarter of 2014, supported by...

    • Purchasing Managers’ Index (PMI)
  171. Eurozone manufacturing recovery slows

    02 June 2014

    "The recovery in the eurozone manufacturing sector registered a modest slowdown in May. At 52.2, down from 53.4 in April, the final seasonally...

    • Purchasing Managers’ Index (PMI)
  172. Cost of living, energy bills & interest rates top UK household financial concerns

    30 May 2014

    Rising prices, and notably energy bills, are the biggest concern among British households when asked about their future finances, followed by...

    • Purchasing Managers’ Index (PMI)
  173. Nearly one-in-four UK households expect interest rates to start rising within the next six months

    30 May 2014

    British households have brought forward their expectations of when they consider it most likely the Bank of England will start to raise interest......

    • Purchasing Managers’ Index (PMI)
  174. Week Ahead Economic Overview [2-6 Jun]: Worldwide manufacturing and services PMI" releases

    29 May 2014

    "The week sees the manufacturing, services and whole economy PMI reports released worldwide amid policy announcements from the Bank of England...

    • Purchasing Managers’ Index (PMI)
  175. US economy set for rebound after contracting for first time in three years

    29 May 2014

    "The US recovery took a backward step in the first quarter, most likely the result of many parts of the country having been battered by extreme...

    • Purchasing Managers’ Index (PMI)
  176. US services output growth accelerates to 26-month high in May

    27 May 2014

    "Adjusted for seasonal influences, the Markit Flash US Services PMI" Business Activity Index picked up to 58.4 in May, from 55.0 in April. Higher...

    • Purchasing Managers’ Index (PMI)
  177. Week Ahead Economic Overview [26-30 May]: US GDP update and European inflation figures

    22 May 2014

    "In a week that sees the release of Markit's US flash services PMI, we also see an update on first quarter GDP for the world's largest economy....

    • Purchasing Managers’ Index (PMI)
  178. US manufacturing output rises at fastest pace in over three years

    22 May 2014

    "Operating conditions in the US manufacturing sector continued to improve during May, with strong rises in production and output complemented...

    • Purchasing Managers’ Index (PMI)
  179. PMI edges lower in May but eurozone remains on course for best quarter for three years

    22 May 2014

    "The eurozone is enjoying its best calendar quarter for three years, according to the Markit Eurozone PMI. Despite the 'flash' PMI estimate for...

    • Purchasing Managers’ Index (PMI)
  180. Japanese output and new orders continue to fall, but at slower pace

    22 May 2014

    Today sees the first public release of the Markit/JMMA Flash Japan Manufacturing PMI. Published on a monthly basis approximately one week before...

    • Purchasing Managers’ Index (PMI)
  181. Chinese PMI signals export-led stabilisation of manufacturing economy

    22 May 2014

    "Business conditions in China's manufacturing economy deteriorated for a fifth successive month in May, according to the flash PMI produced by...

    • Purchasing Managers’ Index (PMI)
  182. Week Ahead Economic Overview [19-23 May]: Flash PMI" data for the US, China and the Eurozone

    16 May 2014

    Thursday's Flash PMI" data from Markit will provide early insights into the economic performance of the world's largest economies in May. Other...

    • Purchasing Managers’ Index (PMI)
  183. Italy: First quarter GDP disappoints, but PMI shows brighter start to second quarter

    16 May 2014

    "The Italian economy disappointingly slid back into contraction at the start of the year. However, positive PMI data in April and signs of a...

    • Purchasing Managers’ Index (PMI)
  184. Eurozone stuck in low gear as economy grows by just 0.2% in first quarter

    15 May 2014

    "The Eurozone economy expanded 0.2% in the first three months of the year, below expectations of a 0.4% increase. Growth of GDP in the first...

    • Purchasing Managers’ Index (PMI)
  185. UK unemployment hits five-year low alongside record rise in employment

    14 May 2014

    "Unemployment in the UK has fallen to its lowest for over five years and employment is rising at the fastest rate ever seen. However, ongoing...

    • Purchasing Managers’ Index (PMI)
  186. China's economy in worst growth patch since early-2009

    14 May 2014

    Markit's PMI survey data signal a further slowdown in the manufacturing sector while the services economy stagnates. A deteriorating order book...

    • Purchasing Managers’ Index (PMI)
  187. Bank of England still sees little need for rate hikes before spring 2015

    14 May 2014

    There were no big surprises in the Bank of England's updated outlook for the UK economy. The Bank's latest quarterly Inflation Report suggested...

    • Purchasing Managers’ Index (PMI)
  188. One-in-three UK workers feel under-utilised by their employers

    12 May 2014

    "A survey of almost 1,000 households reveals a desire to work more hours. Nearly one-in-six employees would prefer to do more paid hours than...

    • Purchasing Managers’ Index (PMI)
  189. Global healthcare services activity rises sharply in April

    12 May 2014

    April global sector PMI data from Markit showed a sharp and accelerated increase in healthcare services business activity. Growth was the strongest...

    • Purchasing Managers’ Index (PMI)
  190. UK manufacturers enjoy second-best calendar quarter for 15 years

    09 May 2014

    "The UK manufacturing sector enjoyed its second-best calendar quarter of growth for fifteen years at the start of the year, with production up...

    • Purchasing Managers’ Index (PMI)
  191. UK employee pay growth rises as surging demand for staff meets skill shortages

    09 May 2014

    Recruitment industry survey data show skill shortages and employee pay both growing at some of the fastest rates seen since data were first collected...

    • Purchasing Managers’ Index (PMI)
  192. Week Ahead Economic Overview [12-16 May]: GDP estimates for eurozone and Japan

    08 May 2014

    "Next week sees a busy economic calendar, including first quarter GDP estimates for the Eurozone and Japan. The single currency area and the...

    • Purchasing Managers’ Index (PMI)
  193. Healthcare services leads global sector growth rankings in April

    08 May 2014

    The latest batch of detailed Global Sector PMI data from Markit showed that providers of private healthcare registered the strongest activity...

    • Purchasing Managers’ Index (PMI)
  194. Global growth stymied by stagnation in emerging markets and Japan's tax hike

    08 May 2014

    "The global economy continued to expand in April, but the rate of growth was the slowest since last October, when the US was hit by the government..."...

    • Purchasing Managers’ Index (PMI)
  195. Emerging market output growth remains weak

    08 May 2014

    "The HSBC Emerging Markets Index (EMI), a monthly indicator derived from the PMI surveys, continued to indicate only a marginal increase in output...

    • Purchasing Managers’ Index (PMI)
  196. ECB's 'forward guidance' shifts to hint at action in June

    08 May 2014

    "The European Central Bank's Governing Council left policy unchanged at its May meeting, but hinted strongly that action of some form would be...

    • Purchasing Managers’ Index (PMI)
  197. Bank of England holds policy despite signs of booming economy

    08 May 2014

    "The Bank of England's Monetary Policy Committee left interest rates unchanged at a record low of 0.5% at its May meeting, as widely expected....

    • Purchasing Managers’ Index (PMI)
  198. Sales tax pushes Japanese activity lower in April

    07 May 2014

    "Japanese service companies reported a fall in business activity in April, with the solid pace of reduction the sharpest since September 2011....

    • Purchasing Managers’ Index (PMI)
  199. German economy starts second quarter on solid footing

    07 May 2014

    "April's PMI surveys signal a strong start into the second quarter, with the rate of activity growth in Germany's private sector economy accelerating...

    • Purchasing Managers’ Index (PMI)
  200. Eurozone retail PMI hits three-year high

    07 May 2014

    "April saw a rise in the level of retail sales in the euro area, according to the latest PMI data from Markit. Although only modest, growth in...

    • Purchasing Managers’ Index (PMI)
  201. UK PMI surveys signal faster economic growth and record job creation at start of second quarter

    06 May 2014

    "The April UK PMI surveys signalled a strong start to the second quarter, signalling an acceleration in the rate of economic growth to the fastest...

    • Purchasing Managers’ Index (PMI)
  202. Signs of life in Spanish economy after strong start to second quarter

    06 May 2014

    The pace of growth of the Spanish economy is set to accelerate in the second quarter. After official data signalled a 0.4% quarterly increase...

    • Purchasing Managers’ Index (PMI)
  203. Inflationary pressures ease in "Fragile 5' emerging economies

    06 May 2014

    "Each of the "Fragile 5' economies of South Africa, Turkey, India, Brazil and Indonesia posted a weaker rise in manufacturing input costs in...

    • Purchasing Managers’ Index (PMI)
  204. Eurozone economic growth at three-year high, as output expands across the big-four nations

    06 May 2014

    "The recovery in the eurozone economy gathered pace at the start of the second quarter, with the combined output of the manufacturing and service...

    • Purchasing Managers’ Index (PMI)
  205. Robust U.S. services activity growth continues in April, but job creation slips to 13-month low

    05 May 2014

    "U.S. service providers indicated a further rise in business activity during April, helped by a solid rebound in new order growth. However, job...

    • Purchasing Managers’ Index (PMI)
  206. US non-farm payrolls smash expectations in April, but recovery worries persist

    02 May 2014

    "After GDP data showed a stalling US economic recovery in the first quarter, upbeat labour market numbers bring reassuring news on the health...

    • Purchasing Managers’ Index (PMI)
  207. Week Ahead Economic Overview [5-9 May]: Manufacturing and services PMI" releases to add insights into global economic trends

    01 May 2014

    The week sees key PMI reports released amid policy announcements from the Bank of England and the European Central Bank. Industrial production...

    • Purchasing Managers’ Index (PMI)
  208. US economy stagnates in first quarter

    30 April 2014

    "The US economy slowed to a standstill in the first quarter, according to preliminary official estimates. GDP rose at an annualised rate of just...

    • Purchasing Managers’ Index (PMI)
  209. Japan Manufacturing PMI slides into contraction, but some signs point to short-lived impact from sales tax rise

    30 April 2014

    "Manufacturing activity deteriorated in April, as production and new orders dropped sharply in the wake of the sales tax rise. The headline Markit/JMMA..."...

    • Purchasing Managers’ Index (PMI)
  210. First quarter UK GDP shows strongest annual rise since 2007

    29 April 2014

    "The UK economy is enjoying its best spell of growth since 2007, with strong expansion in the first quarter setting the scene for a robust year...

    • Purchasing Managers’ Index (PMI)
  211. UK retail sales beat expectations

    25 April 2014

    "UK retail sales surprised on the upside again in March, with further robust increases likely in coming months as households push back their...

    • Purchasing Managers’ Index (PMI)
  212. UK households push back expectations of first rise in interest rates

    25 April 2014

    British households have pushed back their expectations of when they consider it most likely the Bank of England to start to raise interest rates....

    • Purchasing Managers’ Index (PMI)
  213. Week Ahead Economic Overview [28 Apr - 2 May]: GDP estimates for US and UK followed by global manufacturing PMI surveys

    24 April 2014

    "In a week that sees manufacturing PMI results provide early insights into industry trends at the beginning of the second quarter, we also see...

    • Purchasing Managers’ Index (PMI)
  214. US goods production rises at fastest pace for just over three years in April

    24 April 2014

    "Manufacturers indicated a strong start to the second quarter of 2014, with the latest survey highlighting expanding levels of production, new...

    • Purchasing Managers’ Index (PMI)
  215. Eurozone Flash PMI: Employment returns to growth as business activity expansion nears three-year peak

    23 April 2014

    "Growth of business activity in the euro area economy accelerated to its fastest for just under three years in April, leading to a return to...

    • Purchasing Managers’ Index (PMI)
  216. China: PMI signals fourth monthly industrial contraction, though rate of decline eases

    23 April 2014

    "Business conditions in China's manufacturing economy deteriorated for a fourth successive month in April, according to the flash PMI produced...

    • Purchasing Managers’ Index (PMI)
  217. Week Ahead Economic Overview [21-25 Apr]: Flash PMI" data for the US, China and Eurozone

    17 April 2014

    Wednesday's Flash PMI" data from Markit will provide early insights into the economic performance of the world's largest economies at the start...

    • Purchasing Managers’ Index (PMI)
  218. UK construction recovery hampered as rain halts play

    11 April 2014

    "Bad weather took its toll on the UK building sector in February, according to the Office for National Statistics. However, despite a 2.8% fall...

    • Purchasing Managers’ Index (PMI)
  219. Week Ahead Economic Overview [14-18 Apr]: First look at Q1 Chinese GDP

    10 April 2014

    Clues as to whether China's growth will have slowed or picked up again in the first quarter of 2014 will be provided by updates to GDP and industrial......

    • Purchasing Managers’ Index (PMI)
  220. Global media sector sees fall in employment alongside muted activity growth

    10 April 2014

    The latest Global Sector PMI data from Markit showed that the level of business activity in consumer services increased in March. Included within...

    • Purchasing Managers’ Index (PMI)
  221. Rising UK employee pay sits uncomfortably with loose policy stance

    09 April 2014

    "Income from employment is rising, and some sectors are already seeing pay growth well above inflation. With the recruitment industry reporting...

    • Purchasing Managers’ Index (PMI)
  222. UK: Manufacturing output surge adds to signs of strong first quarter economic growth

    08 April 2014

    "Manufacturing output expanded far more than expected again in February, adding to indications that the economic recovery has moved up a gear...

    • Purchasing Managers’ Index (PMI)
  223. Global tech sector maintains growth momentum at end of Q1

    08 April 2014

    The latest batch of Global Sector PMI data from Markit showed a solid increase in the level of business activity at technology firms in March....

    • Purchasing Managers’ Index (PMI)
  224. Global Sector PMI: Metals & mining at foot of growth rankings in March

    07 April 2014

    Markit’s latest global sector PMI data indicated weakening output growth in the global basic materials industry in March. This reflected slowdowns...

    • Purchasing Managers’ Index (PMI)
  225. Week Ahead Economic Overview [7-11 Apr]: Industrial production and inflation updates across Eurozone countries

    04 April 2014

    "The Bank of England announces their latest rate decision, while the FOMC releases minutes from its March meeting. The week also sees industrial...

    • Purchasing Managers’ Index (PMI)
  226. US services activity growth rebounds in March, but new orders rise at slower pace

    04 April 2014

    "March data pointed to a further increase in business activity across the U.S. service sector, and the rate of expansion accelerated from the...

    • Purchasing Managers’ Index (PMI)
  227. Solid growth of US non-farm payrolls allays fears of economic slowdown

    04 April 2014

    "Non-farm payrolls came in close to expectations in March, up 192,000, the rise accounted for entirely by the private sector. The unemployment...

    • Purchasing Managers’ Index (PMI)
  228. Emerging market output growth slows to marginal pace

    04 April 2014

    "The HSBC Emerging Markets Index (EMI), a monthly indicator derived from the PMI" surveys, fell for the fourth month running to 50.3 in March...

    • Purchasing Managers’ Index (PMI)
  229. UK PMIs signal strong end to Q1, but also point to slower pace of expansion and easing price pressures

    03 April 2014

    The March PMI" surveys signalled a strong end to what looks to have been another quarter of above-trend economic growth of at least 0.7%. Growth...

    • Purchasing Managers’ Index (PMI)
  230. Russian economy contracts in first quarter

    03 April 2014

    Russian PMI data for Q1 2014 signalled the worst business conditions for manufacturers and service providers since mid-2009. The Composite PMI...

    • Purchasing Managers’ Index (PMI)
  231. Japan's economy slows as confidence slides ahead of sales tax rise

    03 April 2014

    "Although PMI data indicate that Japan's economy is growing faster than recent official data have indicated, the surveys also suggest that the...

    • Purchasing Managers’ Index (PMI)
  232. Impacts of the Fed's taper on vulnerable emerging markets

    03 April 2014

    "As the US Federal Reserve continues to cut back its asset purchases, in a process often referred to as the "taper', much has been made of the...

    • Purchasing Managers’ Index (PMI)
  233. Eurozone recovery broadens out to encompass big-four nations

    03 April 2014

    "The recovery prospects for the euro area economy continued to brighten in March. At 53.1, the final Markit Eurozone PMI Composite Output Index...

    • Purchasing Managers’ Index (PMI)
  234. Japan to suffer double hit from sales tax rise and equity market losses

    01 April 2014

    "Weak manufacturing data were to be expected in Japan after record snowfall disrupted businesses, but any hope that there was a spending spree...

    • Purchasing Managers’ Index (PMI)
  235. Global manufacturing momentum slows in March, prompts price cuts

    01 April 2014

    "Business conditions in the world's factories continued to improve in March, building on the recovery that has been evident over the past year....

    • Purchasing Managers’ Index (PMI)
  236. Continued expansion in output for Japanese manufacturers

    31 March 2014

    The headline seasonally adjusted Markit/JMMA Purchasing Managers' Index" (PMI") - a composite indicator designed to provide a single-figure snapshot...

    • Purchasing Managers’ Index (PMI)
  237. UK upturn spurs rise in business investment, but household savings fall

    28 March 2014

    "Official data confirm that the UK economy grew 0.7% in the final quarter of last year, but also brought mixed news on the make-up of growth....

    • Purchasing Managers’ Index (PMI)
  238. PMI-based advance indicators of US BLS non-farm payroll data

    28 March 2014

    "Markit's US PMI survey coverage encompasses private sector services as well as manufacturing. The surveys include a number of indicators, such...

    • Purchasing Managers’ Index (PMI)
  239. Week Ahead Economic Overview [31 Mar - 4 Apr]: Worldwide manufacturing and services PMI releases

    27 March 2014

    "The week sees the manufacturing, services and whole economy PMI reports released worldwide amid the policy announcement from the European Central...

    • Purchasing Managers’ Index (PMI)
  240. US economy ended 2013 with more momentum than previously thought

    27 March 2014

    "The US economy grew faster than previously thought in the final quarter of last year, with higher consumer spending and business investment...

    • Purchasing Managers’ Index (PMI)
  241. UK retail sales stage strong rebound from a weather-torn January

    27 March 2014

    "UK retail sales rebounded strongly in February, with shoppers returning to the high street after having been deterred by extreme weather in...

    • Purchasing Managers’ Index (PMI)
  242. UK income squeeze lowest for over four years as inflation falls to 1.7%

    25 March 2014

    "UK inflation fell to its lowest for over four years in February, reducing the squeeze on the cost of living while at the same time enabling...

    • Purchasing Managers’ Index (PMI)
  243. Robust US and eurozone growth contrasts with steepening downturn in China

    24 March 2014

    "Markit's flash PMI surveys showed ongoing marked divergences between manufacturing trends in the US, Eurozone and China in March. While business...

    • Purchasing Managers’ Index (PMI)
  244. Eurozone recovery prospects brighten as France returns to growth

    24 March 2014

    The euro area economy continued to enjoy its strongest spell of growth since the first half of 2011 in March. The flash estimate of the Markit...

    • Purchasing Managers’ Index (PMI)
  245. Chinese factories report steepening downturn in March

    24 March 2014

    "Business conditions in China's manufacturing economy deteriorated at the fastest rate since last July in March, according to the flash PMI produced...

    • Purchasing Managers’ Index (PMI)
  246. UK households less in tune with forward guidance than businesses

    21 March 2014

    "British households' views on when they consider it most likely that the Bank of England will start to raise interest rates were largely unchanged...

    • Purchasing Managers’ Index (PMI)
  247. Week Ahead Economic Overview [24-28 Mar]: Flash PMIs for China, Eurozone and the US

    20 March 2014

    "In a week that sees flash PMI" results provide early insights into business trends in the US, China and Eurozone at the end of the first quarter...

    • Purchasing Managers’ Index (PMI)
  248. UK: Tightening labour market drives pay growth higher

    19 March 2014

    "Unemployment fell further in February, and looks set to decline further in coming months, while pay growth also continues to revive. Pay is...

    • Purchasing Managers’ Index (PMI)
  249. Companies' expansion plans buoyed by Bank of England policy guidance

    17 March 2014

    "The Bank of England's policy of 'forward guidance' has made the majority of companies feel more confident about the near-term prospects for...

    • Purchasing Managers’ Index (PMI)
  250. Official UK data show odd-looking slump in exports and construction output

    14 March 2014

    "While survey data suggest near-record export growth and a booming construction sector are key factors behind a surge in economic growth in the...

    • Purchasing Managers’ Index (PMI)
  251. Week Ahead Economic Overview [17-23 Mar]: UK Budget and US production

    13 March 2014

    "Next week's economic calendar features the publication of the 2014 UK Budget, alongside unemployment figures and the minutes from the latest...

    • Purchasing Managers’ Index (PMI)
  252. US retail sales and labour market show better than expected resilience to cold weather

    13 March 2014

    "Jobless benefit claims and retail sales both beat expectations, providing reassurances that the US is coping better than many had anticipated...

    • Purchasing Managers’ Index (PMI)
  253. Eurozone manufacturing output trends higher at fastest rate since April 2011

    12 March 2014

    "Manufacturing output in the euro area rose 0.3% in January, according to the official statistics body Eurostat. The increase took output 1.3%...

    • Purchasing Managers’ Index (PMI)
  254. UK manufacturers enjoy solid start to what's expected to be a boom year

    11 March 2014

    "A better than expected January sets the scene for what may be a boom year for UK manufacturers. Manufacturing enjoyed a strong start to the...

    • Purchasing Managers’ Index (PMI)
  255. Markit Global Business Outlook: Developed world set to lead strengthening global upturn in 2014

    11 March 2014

    "The latest Markit Global Business Outlook Survey, conducted in February and based on responses from a panel of 11,000 companies, showed the...

    • Purchasing Managers’ Index (PMI)
  256. Consumer goods group moves to top of global sector growth rankings

    10 March 2014

    February's global sector PMI data dump showed a broad-based expansion of business activity across all eight groups monitored by the business...

    • Purchasing Managers’ Index (PMI)
  257. US: Hiring beats expectations in February, but trend weakened by wet weather

    07 March 2014

    "Severe winter weather looks to have less of a dampened effect on hiring by US companies than anticipated. Non-farm payroll rose 175,000 in February,..."...

    • Purchasing Managers’ Index (PMI)
  258. UK recruitment industry reports further surge in employment and wage growth

    07 March 2014

    "Employment and recruitment agencies reported another month of surging demand for staff in February, with employment continuing to rise strongly...

    • Purchasing Managers’ Index (PMI)
  259. Week Ahead Economic Overview [10-14 Mar]: Key industrial production data among highlights

    06 March 2014

    "The week sees industrial production data for the eurozone, the UK, Japan and China. The UK also sees updates to trade and retail sales, while...

    • Purchasing Managers’ Index (PMI)
  260. Emerging market growth slows further

    06 March 2014

    "The HSBC Emerging Markets Index (EMI), a monthly indicator derived from the PMI" surveys, fell for the third month running to 51.1 in February...

    • Purchasing Managers’ Index (PMI)
  261. UK: Job creation hits all-time high as economic growth surge continues in February

    05 March 2014

    "Companies took on a record number of extra staff in February, according to PMI" surveys, as firms boosted capacity in response to a brightening...

    • Purchasing Managers’ Index (PMI)
  262. Global growth slips as key economies hit by extreme winter weather

    05 March 2014

    "The global economy continued to grow in February, albeit with extreme weather causing a slowdown in the rate of expansion. The JPMorgan Global...

    • Purchasing Managers’ Index (PMI)
  263. Eurozone economic growth accelerates to 32-month record

    05 March 2014

    "Final February PMI data signalled an acceleration in the rate of expansion of the eurozone economy to a 32-month high, an improvement on the...

    • Purchasing Managers’ Index (PMI)
  264. World's factories report best performance for almost three years

    03 March 2014

    "Business conditions in the world's factories showed the largest monthly improvement for almost three years in February. The JPMorgan Global...

    • Purchasing Managers’ Index (PMI)
  265. UK manufacturing employment rises at fastest pace since May 2011

    03 March 2014

    "The strong upswing in the UK manufacturing sector was maintained during February, as levels of production and new business continued to rise...

    • Purchasing Managers’ Index (PMI)
  266. Sharpest improvement in US manufacturing business conditions since May 2010

    03 March 2014

    "At 57.1 in February, up from 53.7 in January, the final seasonally adjusted U.S. Manufacturing Purchasing Managers' Index" (PMI") signalled...

    • Purchasing Managers’ Index (PMI)
  267. PMI signals modest deterioration of Chinese manufacturing business conditions in February

    03 March 2014

    "Chinese manufacturers signalled reductions of both output and new business in February, leading to a moderate deterioration of overall operating...

    • Purchasing Managers’ Index (PMI)
  268. Eurozone manufacturing recovery continues

    03 March 2014

    "At 53.2 in February, the final seasonally adjusted Markit Eurozone Manufacturing PMI came in above the earlier flash estimate of 53.0. Although...

    • Purchasing Managers’ Index (PMI)
  269. US fourth quarter economic growth revised lower but pace remains firm

    28 February 2014

    "The US economy grew less than previously thought in the closing quarter of last year, but the details of the report suggest that investment...

    • Purchasing Managers’ Index (PMI)
  270. Japan manufacturing PMI slips from near-eight-year high but still signals strong expansion

    28 February 2014

    "The Markit/JMMA PMI fell from 56.6 in January to 55.5, but remained close to the all-time high of 57.0 to signal one of the strongest expansions...

    • Purchasing Managers’ Index (PMI)
  271. Week Ahead Economic Overview [3-7 Mar]: Manufacturing and services PMI releases to add insights into global economic trends

    27 February 2014

    "The week sees the manufacturing, services and whole economy PMI" reports released worldwide amid policy announcements from the Bank of England...

    • Purchasing Managers’ Index (PMI)
  272. 2013 UK growth revised down but outlook brightens on rising business investment

    26 February 2014

    "The UK economy grew less than first thought last year, but the estimate for the fourth quarter was left unchanged at 0.7% and the details of...

    • Purchasing Managers’ Index (PMI)
  273. UK retail sales remain on firm upward trend despite weather-hit January

    21 February 2014

    "Retail sales fell more than expected in January, but once the decline is looked at in context of the atrocious weather seen during the month...

    • Purchasing Managers’ Index (PMI)
  274. Week Ahead Economic Overview [24-28 Feb]: Clues sought for US economy's resilience

    20 February 2014

    "Deflation in the Eurozone, the pace of economic growth in the US after severe weather hit the country and 'Abenomics' are all key themes for...

    • Purchasing Managers’ Index (PMI)
  275. UK: Fears of higher interest rates rose ahead of forward guidance review

    20 February 2014

    British households again pulled forward their expectations of when they consider it most likely the Bank of England to start to raise interest...

    • Purchasing Managers’ Index (PMI)
  276. U.S. manufacturing sector performance rebounds strongly in February

    20 February 2014

    February data suggested a solid rebound in U.S. manufacturing business conditions following the slowdown recorded during the previous month....

    • Purchasing Managers’ Index (PMI)
  277. Eurozone manufacturing recovery stretches to eight months in February

    20 February 2014

    "The eurozone manufacturing recovery entered its eighth successive month in February. At 53.0, the Markit Flash Eurozone Manufacturing PMI -...

    • Purchasing Managers’ Index (PMI)
  278. Eurozone PMI signals ongoing robust recovery as new orders show largest rise since mid-2011

    20 February 2014

    "The euro area economy continued to expand at a robust pace in February, enjoying its strongest run of growth since the first half of 2011. The...

    • Purchasing Managers’ Index (PMI)
  279. Chinese factories report second month of decline, cut jobs at fastest rate for five years

    20 February 2014

    "The Chinese manufacturing economy contracted for a second successive month in February, according to the flash PMI produced by Markit for HSBC....

    • Purchasing Managers’ Index (PMI)
  280. UK pay growth creeps high as labour market continues to tighten

    19 February 2014

    Pay growth in the UK showed signs of lifting higher towards the end of last year as job creation continued to surge in the fourth quarter.Download...

    • Purchasing Managers’ Index (PMI)
  281. Inflation drops below Bank of England target for first time since 2009

    18 February 2014

    A drop in UK inflation to the lowest since November 2009 means the UK economy is enjoying a welcome combination of strong economic growth and...

    • Purchasing Managers’ Index (PMI)
  282. UK: Revised official data adds to signs of recovering construction sector

    14 February 2014

    "Rather than contracting 0.3%, as initially thought, the construction industry grew 0.2% in the final quarter of last year, according the latest...

    • Purchasing Managers’ Index (PMI)
  283. German economic growth accelerates slightly and beats forecast

    14 February 2014

    "Official data showed that the eurozone's largest economy expanded a consensus-beating 0.4% in the final three months of 2014, adding to survey...

    • Purchasing Managers’ Index (PMI)
  284. GDP data confirm eurozone's gathering recovery prospects

    14 February 2014

    Economic growth figures for the final quarter of last year add to survey evidence that the eurozone's recovery has moved up a gear. Not only...

    • Purchasing Managers’ Index (PMI)
  285. Big chill hits US factories in January

    14 February 2014

    A surprise fall in industrial production in January provides further signs that the US economy is going through a tough spot as harsher than...

    • Purchasing Managers’ Index (PMI)
  286. Week Ahead Economic Overview [17-21 Feb]: Flash PMIs for China, Eurozone and the US

    13 February 2014

    "Next week's economic calendar features the first estimate of fourth quarter GDP for Japan, flash PMI results for China, US and the Eurozone...

    • Purchasing Managers’ Index (PMI)
  287. Global basic materials output expands at solid rate in January, though pace eases from December

    13 February 2014

    "Building on the strong growth evident in Q4 2013, global basic materials industry grew for the eighth month running in January, according to...

    • Purchasing Managers’ Index (PMI)
  288. Bank of England sets out expected course for interest rates

    12 February 2014

    "Interest rates may need to rise by the spring of next year, according the Bank of England, but the speed of rate hikes thereafter will be slow...

    • Purchasing Managers’ Index (PMI)
  289. Bank of England 'forward guidance' boosting business investment

    12 February 2014

    The Bank of England's policy of 'forward guidance' and its related policy communications have made the majority of companies feel more confident...

    • Purchasing Managers’ Index (PMI)
  290. Global financial services activity rises solidly at start of 2014

    11 February 2014

    "January Global Sector PMI data from Markit showed a solid rise in the level of business activity across the broad financials group, stretching...

    • Purchasing Managers’ Index (PMI)
  291. Worldwide PMIs highlight emerging market and developed world divergences

    10 February 2014

    "The global economy maintained a robust pace of expansion in January, but the divergence between the growth rates in developed and emerging markets..."...

    • Purchasing Managers’ Index (PMI)
  292. Further solid growth in global industrial activity in January

    10 February 2014

    Markit's global sector PMI data signalled a stronger increase in global industrial activity in January. Among eight broad sector groups covered...

    • Purchasing Managers’ Index (PMI)
  293. US jobless rate hits lowest since 2008 but employment growth disappoints again

    07 February 2014

    "The US labour market started the year on a weaker than expected footing, casting doubt on whether the Fed should proceed with any further tapering...

    • Purchasing Managers’ Index (PMI)
  294. UK recruiters report strongest rise in demand for staff for over 15 years

    07 February 2014

    Recruitment agencies in the UK reported the strongest monthly rise in demand for permanent staff for fifteen and a half years in January. The...

    • Purchasing Managers’ Index (PMI)
  295. UK manufacturing buoyed by export revival

    07 February 2014

    "UK manufacturing continued to recover at a robust pace in the final months of 2013, buoyed by a welcome revival in exports, according to official...

    • Purchasing Managers’ Index (PMI)
  296. Growth in EU consumer goods gains momentum at start of 2014

    07 February 2014

    The first set of EU sector PMI data for 2014 pointed to a further acceleration in the rate of expansion of consumer goods output. Having picked...

    • Purchasing Managers’ Index (PMI)
  297. Global Sector PMI: Broad-based easing in growth in January

    07 February 2014

    "Markit's first batch of global sector PMI data for 2014 showed that many sectors posted weaker increases in output in January. That said, no...

    • Purchasing Managers’ Index (PMI)
  298. German industry sees payback in December after buoyant November, but trend remains solid

    07 February 2014

    "German industrial production declined in December, but the drop followed a particularly marked rise in November. The increase in production...

    • Purchasing Managers’ Index (PMI)
  299. Bank of England policy makers plagued by data uncertainties

    07 February 2014

    "The Bank of England's new policy of forward guidance, introduced last summer, has revealed how policymakers have been caught out by the speed...

    • Purchasing Managers’ Index (PMI)
  300. Week Ahead Economic Overview [10-14 Feb]: First look at euro GDP in fourth quarter

    06 February 2014

    "The most important economic releases of the week will come out of the eurozone, while central bank watchers will be poring over the Bank of...

    • Purchasing Managers’ Index (PMI)

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