Vladimír Urbánek (Kurzy.cz)
Macroeconomics  |  October 01, 2012 16:46:23

ISM for the manufacturing sector in the U.S. is returning to growth territory, Europe and China remains in the red


ISM index for the U.S. manufacturing sector for September climbed to 51.5 points compared to 49.6 points in August, beating market estimates also set to only a slight improvement to 49.7 points in the overall estimates range from 48 to 51.2 points.

In contrast to the development of the index in the U.S. a similar indicator for the Eurozone PMI showed a contraction in the manufacturing sector again, reaching values ??of 46.1 points. Index is below the growth threshold 50 points for 14 months in a row.

UK PMI showed a deepening decline from 49.6 in August to 48.4 points. index for China went from 47.6 to 47.9 points. The territory of decline varies index for 11 months in a row. Export orders in China reached 42měsíčního lows.
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