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Posts related to ‘China PMI’

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Mixed Economic Data Clouds Picture of China’s Economic Recovery

Data about China's economic recovery continue to swing back and forth. Recent information on manufacturing has been good, as have reports about exports. But, more recently, consumer spending and industrial ...
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Media Digest (3/1/2013) Reuters, WSJ, NY Times, FT

China's PMI slips to a slow 50.1 in February, a signal of slacking demand for manufactured goods. (Reuters) Groupon Inc. (NASDAQ: GRPN) fires its CEO after poor financial performance. (Reuters) ...
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China’s PMI Rocket Slows

China’s temporary return to wild growth reversed itself, as evidence showed once again that its economy cannot be decoupled from the rest of the world. Whatever effects of the global ...
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China vs. the Fiscal Cliff

Two pieces of financial news highlighted the past day. Congress has been unable to reach a compromise on budget cuts and taxes, which could easily drive the U.S. economy into ...
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Asia Markets Off Badly, China PMI Weak

In an odd reversal of fortune, shares of stocks in what was the hyper-hot growth market of China have sold off sharply recently while the recession-plagued markets of the developed ...
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China PMI Lowest Since March 2009

New China PMI data from HSBC show that manufacturing in the People's Republic has dropped back to levels last measured during the global recession. The numbers are an indication that China's GDP ...
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Europe Markets Higher After Asia Flat

Europe markets opened up slightly up after most Asia markets closed higher by below 1%. The FTSE rose .63% to 5,747. Miner Rio Tinto (NYSE: RTP) was up over 2% as was ...
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China PMI Collapses

China has clearly begun to move in the direction of a recession, even if such an event would not be defined as it is on Western terms. China's PMI as released ...
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China’s Factory Output Reaches Three-Year Low

China's factory output dropped to 9.2% for the month of July. The figure should be the envy of most of the world's other large economies. But it was a three-year low ...
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Media Digest (8/1/2012) Reuters, WSJ, NYT, FT, Bloomberg

Facebook Inc. (NASDAQ: FB) shares reach an all-time low as doubts about its business model grow. (Reuters) China's PMI for July falls. (Reuters) Home prices may have steadied, according to ...
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More China PMI Trouble

Twice a month, economists hold their collective breath as China PMI data are issued. One set of numbers comes from huge bank HSBC (NYSE: HBC) and the other from the ...
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Media Digest (7/24/2012) Reuters, WSJ, NYT, FT, Bloomberg

Carlyle (NASDAQ: CG) may buy a unit of United Technologies (NYSE: UTX). (Reuters) More factories move to the United States as China's manufacturing costs rise. (Reuters) The CEOs of Apple ...
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Ten Ways You’ll Know The Recession Is Over

When Gallup asked people about the state of the economy this spring, as a recovery appeared to have taken hold, the polling company found “nearly half of Americans, 46%, still ...
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Media Digest (6/1/2012) Reuters, WSJ, NYT, FT, Bloomberg

China’s PMI indicates a considerable slowing of its economy. (Reuters) Senior EC and ECB officials warn that the eurozone is on the brink of a calamity. (Reuters) Problems at Research In ...
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China PMI — One Month Is Not a Trend

China’s central government statistics agency said the country’s purchasing managers index rose to 53.3 from a reading of 53.1 in March. The figure could signal an expansion, but only an extremely ...
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