Filed under: Auto News,Earnings/Financials,Plants/Manufacturing
IHS Markit's final Purchasing Managers' Index (PMI) for manufacturing, which accounts for about a fifth of the economy, rose to 52.2 in August, crossing the 50 mark that separates growth from contraction for the second time in 20 months. Phil Smith, principal economist at IHS Markit, said the recovery was not widespread as some German manufacturers were still struggling with weak demand.
Continue reading German manufacturing recovery remains on track in August
German manufacturing recovery remains on track in August originally appeared on Autoblog on Tue, 1 Sep 2020 08:20:00 EDT. Please see our terms for use of feeds.
Permalink | Email this | Commentsfrom Autoblog https://ift.tt/3lDL6yE
0 التعليقات:
Post a Comment