Tuesday, February 1, 2011

Purchasing Managers Surveys

UK manufacturing activity outpaced US activity for the third straight month, though both accelerated sharply in January.

German PMI plunged along with the Ifo business expectations index in 2008. Both rebounded during 2009, and continued to climb in 2010. The Ifo index is at a high for the series going back to 1991.

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