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It's official. Eurozone back in recession, PMI data shows
In a further blow to policymakers battling a raging debt crisis, the downturn that began in the eurozone's smaller economies has become entrenched in the core countries of Germany and France. #Numbers #manufacturing #Eurozone crisis #MARKIT
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China March services sees expansion, PMI at 53.3
China's fast-growing services sector expanded again in March as business confidence hit an 11-month high, a private sector survey of firms said on Thursday. #NewsTracker #Republic of China #Economic growth #Consumer Confidence Index #Purchasing Managers Index #MARKIT
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Eurozone back in recession? Declining PMI suggests so
Markit's Eurozone Composite Purchasing Managers Index (PMI), which gauges how thousands of companies fare each month, edged down to 49.1 in March from 49.3 in February, slipping further below the 50 mark. #Numbers #Euro #Eurozone #European Central Bank #Recessions #Purchasing Managers Index #MARKIT
Wire
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This Is MoneyGloom over household finances starts to lift as pay inches up and inflation fears recede
Signs that households' gloom over their finances is lifting have arrived as a new report showed pay inching up and inflation fears receding. While people still feel that their finances are deteriorating, according to financial information company Markit, #Wales #London #Tim Moore (politician)
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Economic TimesSluggish growth for global economy to extend into May
LONDON: This week offers the first major gauge of the health of the global economy for May, with big implications for policymakers and investors banking on a steady pickup in activity during the second half of 2013. Disappointing factory output and servi #China #United States Department of the Treasury #Federal Reserve
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iStockAnalystChicago Fed: Slower Slow Growth In April… Again
The next round of updates may tell us if the malaise is spreading and deepening, starting with tomorrow's report on existing home sales, followed by Thursday's releases: weekly jobless claims and an early look at the trend in May via the flash estimate o #