Tag: Purchasing Managers’ Index

  • The reality of China’s economy

    In October, people in China celebrated their “Super Golden Week”, which was a combination of the Mid-Autumn Festival and the National Day holidays. Statistics show that China’s domestic tourism experienced a “full bloom” during the week. 826 million domestic trips were made, an increase of 71.3 percent from last year and 4.1 percent from 2019.…

  • US dollar falls after services PMI report

    NEW YORK, March 3 (Xinhua) — The U.S. dollar weakened in late trade on Friday, following the release of the February U.S. jobs report. The dollar index, which measures the greenback against six major peers, fell 0.48 percent to 104.5242. In late New York trading, the euro was up at US$1.0634 from US$1.0591 in the…

  • US dollar companies among financial data

    NEW YORK, Feb. 21 (Xinhua) — The U.S. dollar strengthened in late trade on Tuesday as market participants sifted through fresh economic data. The dollar index, which measures the greenback against six major peers, rose 0.31 percent to 104.1723. In late New York trading, the euro was down to US$1.0649 from US$1.0698 in the previous…

  • Strong recovery both in Sweden and internationally

    Strong recovery both in Sweden and internationally

    The Purchasing Managers’ Index for the manufacturing industry will rise to a value of 64.9 in December, which is the highest in ten years, Swedbank’s and SILF’s latest economic indicators show. According to senior economist Jörgen Kennemar at Swedbank, the power of the recovery is surprising, but probably driven by growing world trade and by…