immigrantscanada.com

Independent topical source of current affairs, opinion and issues, featuring stories making news in Canada from immigrants, newcomers, minorities & ethnic communities' point of view and interests.

Flash Figure: Purchasing Managers' Index

purchasing managers' index: Data compiler Markit said its final purchasing managers' index fell to 49.1 in October after climbing to 49.8 in September, just below the 50 point line dividing expansions in activity from contractions. , according to Reuters. The final reading missed an initial flash figure and the consensus forecast of analysts, which both came in at 49.4. PARIS - French manufacturing activity shrank for the 20th month in a row in October, and at a faster pace, as new orders saw their sharpest drop since June due to poor demand, a survey showed on Monday. Export orders were the one positive note in October, rising for the third time in the past four months and at the fastest rate since May 2011. (www.immigrantscanada.com). As reported in the news.