The Purchasing Managers Index, a closely watched measure of U.K. manufacturing, spiked up from 34.9 in February to 39.1 in March, leading some economists to suggest that Britain's recession has hit bottom and the economy is poised for recovery. The latest figure, based on a combination of factory production and unfilled orders for manufactured items, marks the highest point for the index since the collapse of Lehman Brothers
No comments:
Post a Comment