|
archived news blog
March 2010 (23)
February 2010 (45)
January 2010 (47)
December 2009 (56)
November 2009 (49)
October 2009 (47)
September 2009 (47)
August 2009 (47)
Business output on the increase. Pearson May News Update - Thursday 2 July
- Tax credits date approaches
- Business output on the increase
- Tax credits date approaches
- Business output on the increase
Business output on the increase
After its prolonged battering, the UK’s manufacturing sector may be about to turn a corner.
According to the Purchasing Managers’ Index (PMI) from the Chartered Institute of Purchasing and Supply (CIPS), the rate of decline in new manufacturing orders slowed during June.
Output showed its first increase since March of last year.
The overall CIPS index for manufacturing climbed from 45.4 in May to 47 last month. Although any figure below 50 still indicates contraction, the rate of decline in business activity has slowed, and the CIPS is predicting that the data look like improving during the coming months.
David Noble, chief executive of the CIPS, commented: “The latest PMI data suggests that after months of gloom and doom, there are some signs of relief for the UK manufacturing sector.
“Most encouragingly, purchasing managers said that output, which is a key component of the PMI index, has risen for the first time in 15 months indicating that the sector may finally be coming out of recession.”
Business General
This section contains a host of advice and information on a range of business matters, from insuring your
business to dealing with employee absence. Simply visit the topics listed below for further information,
ideas, tips and strategies on how to take your business forward.
Click here for more information
See What's On Our Site
Our site also contains:
- A huge database of business information
- Your portal to the web with our powerful search facilities and Links section
Home | Contact Us | Recruitment | Services | News | Knowledge Centre | International
About Us | Companies House Search | Links | Search | Register | Logout
Terms
and Conditions
Technical Problems - email service@pearsonmay.co.uk
Copyright © 2009 Pearson May. All rights reserved.
