Quotes from the news wire:
A steadying of the eurozone economy at the start of the year adds to evidence that the region might escape recession.
Found on CNN 1 year ago
Weaker-than-expected PMI numbers in January underscore the risk of the UK slipping into recession, industrial disputes, staff shortages, export losses, the rising cost of living and higher interest rates all meant the rate of economic decline gathered pace again at the start of the year.
Found on CNN 1 year ago
Business confidence is now at a level which would typically herald an economic downturn, adding to the risk of recession.
Found on CNN 2 years ago
Having enjoyed a mini-boom from consumers returning after the relaxation of pandemic restrictions, many services firms are now seeing households increasingly struggle with the rising cost of living, with producers of non-essential goods seeing a similar drop in orders.
Found on CNN 2 years ago
A stronger expansion of business activity in November defied economists' expectations of a slowdown, but is unlikely to prevent the euro zone from suffering slower growth in the fourth quarter, especially as rising virus cases look set to cause renewed disruptions to the economy in December.
Found on CNN 3 years ago
The Chris Williamson economy continues to run hot, despite a slower rate of expansion of business activity in November, growth remains above the survey's long-run pre-pandemic average as companies continue to focus on boosting capacity to meet rising demand.
Found on CNN 3 years ago
A manufacturing sector beset with supply chain delays saw production growth falter to the lowest [ level ] since the first lockdowns of last year, the services sector has meanwhile seen some of the summer rebound fade just as resurgent virus case numbers bring renewed concerns.
Found on CNN 3 years ago
Europe’s service sector is springing back into life. Easing virus restrictions and further vaccination progress are boosting demand for a wide variety of activities, especially in tourism, travel and hospitality.
Found on Reuters 3 years ago
Worries about the Delta variant have become more widespread, ... subduing activity in some instances and raising concerns about the possibility of virus restrictions being tightened again, hence services growth in July was slightly less marked than the earlier flash estimate and future expectations cooled, presenting a significant downside risk to the outlook and hinting that growth could begin to slow again as we head toward the autumn.
Found on Reuters 3 years ago
The big uncertainty is how long these upward price pressures will persist for, and the extent to which these higher charges for goods and services will feed through to consumers.
Found on Reuters 3 years ago
Euro zone manufacturing is booming, however, supply constraints are also running at unprecedented levels, leading to a record build-up of uncompleted orders at factories.
Found on Reuters 3 years ago
Supply shortages have meanwhile put pricing power in the hands of suppliers, pushing raw material prices sharply higher. Increased shipping costs are adding to the burden.
Found on Reuters 3 years ago
Euro zone manufacturing output continued to expand at a solid pace at the start of 2021, though growth has weakened to the lowest since the recovery began as new lockdown measures and supply shortages pose further challenges to producers across the region.
Found on Reuters 3 years ago
There's no sign of the impressive performance ending any time soon. The manufacturing sector is clearly in expansion mode and looks poised for continued robust growth in coming months.
Found on Reuters 7 years ago
Euro zone manufacturing growth gained further momentum in June, rounding off the best quarter for just over six years.
Found on Reuters 7 years ago
With policymakers waiting to see hard data on the state of the economy before considering more stimulus, the slump in the PMI will provide a powerful argument for swift action.
Found on Reuters 8 years ago
July saw a dramatic deterioration in the economy, the downturn, whether manifesting itself in order book cancellations, a lack of new orders or the postponement or halting of projects, was most commonly attributed in one way or another to Brexit.
Found on Reuters 8 years ago
It’s a movie that makes you think, it’s not your typical Christian-themed movie – even though it’s dominated with Christian themes. If you are an atheist, a new believer, an unbeliever – I think you can find yourself in this film.
Found on FOX News 8 years ago
The U.S. manufacturing sector has seen a distinct loss of growth momentum in recent months, endured the worst performance for two years during the third quarter, headwinds include the rising dollar, weak demand in global markets, a downturn in business investment and financial market jitters.
Found on Reuters 9 years ago
The survey is indicating the weakest manufacturing growth for almost two years, meaning the sector will have acted as a drag on the economy in the third quarter.
Found on Reuters 9 years ago
A mixed report on the health of the U.S. labour market gives frustratingly little new insight into whether the Fed will start to hike rates, a bumper payrolls number would have sealed the case for higher interest rates in many people minds, while a low number would have dealt a blow to any chances of tightening of policy at the next meeting. Instead, we had something in the middle.
Found on FOX News 9 years ago
Inflationary pressures have abated, which will help the argument that interest rate hikes can be delayed.
Found on Reuters 9 years ago
The Markit PMI data indicate that the US economy enjoyed a good start to the third quarter. Faster growth in services accompanied a similar upturn in manufacturing.
Found on Reuters 9 years ago
A modest upturn in the headline manufacturing PMI belies some more worrying undercurrents which point to potential weakness in coming months.
Found on Reuters 9 years ago
The overall pace of expansion remains insipid rather than impressive. This is perhaps not surprising given the heightened degree of uncertainty surrounding the Greek debt talks that was seen during the month.
Found on Reuters 9 years ago
While the survey data point to the economy rebounding in the second quarter, the weak PMI number for June raises the possibility that we are seeing a loss of momentum heading into the third quarter, the slowdown is being led by deteriorating export performance, which many producers in turn linked to a loss of competitiveness caused by the stronger dollar.
Found on Reuters 9 years ago
The rate of growth is modest rather than spectacular, however, and there are clearly countries which continue to struggle, weakness is centered in the region's core, with France's manufacturing sector still in decline and Germany only seeing very meager growth.
Found on Reuters 9 years ago
While growth has clearly slowed in 2015 compared to the impressive rate seen throughout much of last year, the goods-producing sector is by no means collapsing under the weight of the strong dollar, and fears of a sharp slowdown consequently look overplayed.
Found on Reuters 9 years ago
Manufacturing regained further momentum from the slowdown seen at the turn of the year, with output, new orders and employment growth all accelerating in March.
Found on Reuters 9 years ago
Business picked up especially towards the end of the month, when the impact of bad weather on the East Coast and port delays on the West Coast began to clear, which suggests this may be a temporary upturn.
Found on Reuters 9 years ago
Business investment needs to revive for the upturn to be truly sustainable, at the moment, the growth outlook appears to be largely reliant on households benefiting from falling prices and higher wages, the latter being far from guaranteed.
Found on Reuters 9 years ago
Alongside the upturn signaled by the sister ‘flash’ manufacturing PMI survey, the improved performance of the service sector in February means the economy looks to be enjoying yet another spell of robust growth in the first quarter.
Found on Reuters 9 years ago
While parts of the East Coast have struggled in the face of adverse weather, other regions basked in unusually warm temperatures, boosting business above seasonal norms, activity levels surged higher and inflows of new business boomed as a result.
Found on Reuters 9 years ago
The euro zone will look upon 2014 as a year in which recession was avoided by the narrowest of margins, but the weakness of the survey data suggests there's no guarantee that a renewed downturn will not be seen in 2015.
Found on Reuters 9 years ago
The weakness of the PMI in December will add to calls for more aggressive central bank stimulus, including full-scale quantitative easing, to be undertaken as soon as possible.
Found on Reuters 9 years ago
Companies are citing greater uncertainty about the outlook, especially in export markets, leading to some scaling back of expansion plans and a greater reluctance for customers to place orders compared to earlier in the year, which suggests a slowdown could become more entrenched unless demand revives.
Found on Reuters 9 years ago
Softer output and employment numbers merely represent a cooling in the pace of expansion from unusually strong rates earlier in the year.
Found on Reuters 10 years ago
Survey results indicate that policy initiatives currently announced have yet to have a meaningful impact on business or consumer confidence in the region, and that more aggressive measures are likely to be needed, and quickly implemented, if another recession is to be averted.
Found on Reuters 10 years ago
The region is on course to see a mere 0.1 percent GDP growth in the final quarter of the year, with a strong likelihood of the near-stagnation turning to renewed contraction in the new year unless demand shows signs of reviving.
Found on Reuters 10 years ago
With inflows of new orders slowing sharply, there's a good chance that production growth will deteriorate further in December, unless order book growth picks up, factories will inevitably soon turn to cutting jobs in order to bring capacity down in line with weaker demand.
Found on Reuters 10 years ago
Unless order book growth picks up, factories will inevitably soon turn to cutting jobs in order to bring capacity down in line with weaker demand.
Found on Reuters 10 years ago
Although still reasonably strong, the pace of growth has slowed for three successive months, taking it down to the slowest since January, when business was hit by extreme weather arising from the Polar Vortex. This time, there was little anecdotal evidence from companies of the weather affecting business.
Found on Reuters 10 years ago
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