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Realistbear

Manufacturing Pmi At 16-Year High In December

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http://uk.finance.yahoo.com/news/Instant-view-Manufacturing-reuters_molt-3961260661.html;_ylt=AuI6tnmi0.2MQBwymPrpU6fSr7FG;_ylu=X3oDMTE5ODhxNHFhBHBvcwMxMARzZWMDeWZpVG9wU3RvcmllcwRzbGsDaW5zdGFudHZpZXct?x=0

9:47, Tuesday 4 January 2011
LONDON (
Reuters
) - Manufacturing activity expanded at its fastest pace in over 16 years in December and firms' costs rose at a record pace, a survey showed on Tuesday.
The findings may boost expectations that the Bank of England will raise interest rates this year from their record low of 0.5 percent...../
From a monetary policy perspective, more important perhaps is the services PMI Thursday, but the big picture is
we don't expect the MPC (050540.KQ - news) to do very much next week.
"
..../
Job creation also stayed close to November (Berlin: NBXB.BE - news) 's near-survey-record pace.

Who is buying all of the stuff we are manufacturing? The EU, US and China--in that order?

Does not bode well for job loss related HPC. :(

Edited by Realistbear

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  • 312 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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