Economy in Brief: November 2010

The UK MFG sector showed a bit of spunk as the index for October rose, ending a string of declining values and surprising market forecasters. The UK index for October is back above not just its September value but its August value as [...]

Purchasing Managers' surveys of Asian manufacturing for October show weakness in Japan, Taiwan and Korea, but strength in India and China. The results of the surveys are expressed in the form of diffusion indexes. Results above 50% [...]

Today's release that the Composite Index from the Institute for Supply Management rose to 56.9 last month lifted it back to its highest since May. Moreover, the gain beat Consensus expectations for near-stability at 54.0. Finally, the [...]

Personal income slipped an unexpected 0.1% during September following a 0.4% August increase that was downwardly revised. A 0.2% increase had been expected for last month. The troubling part of the report was the slight dip in wage & [...]