India's December manufacturing PMI sees fastest growth in five years
02 January, 2018, 11:54 | Author: Melinda Barton
- Reuters picKUALA LUMPUR, Jan 2 ― Manufacturers ended the 2017 year stagnant as new orders contracted and output growth slowed from modest demand, December data compiled by Nikkei Malaysia Manufacturing Purchasing Managers Index (PMI) showed.
IHS Markit's Purchasing Managers' Index (PMI) for manufacturing, which accounts for about a quarter of the economy, jumped to an all-time high of 63.3 from 62.5 in the previous month. Any reading above 50 indicates expansion in the sector. The December figure was the highest reading since August.
The new order index of the non-manufacturing businesses stood at 52 in December, up 0.2 points from a month ago.
The pickup in December's manufacturing PMI came on the back of strong demand both at home and overseas. The increase was driven by stronger new order growth and the fastest rise in employment in the sector since the survey began in 1998.
Boosted by hefty government infrastructure spending, a resilient property market and unexpected strength in exports, China's manufacturing and industrial firms have been a major driver behind solid economic growth this year, with their strong appetite for raw materials boosting global commodity prices.
Finally, the Future Output Index signalled the strongest level of confidence in three months, with more than one-in-five survey participants forecasting higher production.
He was a student at Mercyhurst College from 2007 to 2011 where he played NCAA Division I college hockey for the school. The NHL's refusal to release its players to play in the Olympics has left each of the men's teams in the same boat.
Jackson has yet to declare for the National Football League draft, but most outsiders believe the dynamic junior will turn pro. He ran 24 times for 158 yards and a touchdown, breaking the TaxSlayer Bowl record for most rushing yards by a quarterback.
Defensively, the Eagles are a sound unit and after a questionable few games, shut the Oakland Raiders completely down. This is a flawless week for them to get some extra rest an avoid a pointless injury before heading into the playoffs.
Snipes-Garner says her daughter suffered her first heart attack not long after giving birth to a baby boy in August. A message posted on her Twitter account said she had brain damage "from lack of oxygen while in cardiac arrest".
They are coming off a 2-0 victory against the newly promoted Brighton & Hove Albion on Tuesday and have 42 points to their name. Chelsea have won twice away since, including earlier this season when Morata's hat-trick powered an easy 4-0.
Mariah Carey will be returning to perform this year in Times Square along with Nick Jonas , Camila Cabello, and Sugarland. The singer showed just a hint of her diva reputation after her first song. "They told me there would be tea.
An Italian clothing company has won the right to use the name of Apple co-founder, the late Steve Jobs . And the court does not seem to find fault with it, much to the chagrin of Apple that had sued the firm.
Manchester City ended 2017 with a draw against Crystal Palace , and is starting the New Year with a lot of hopes. Yet after being so impressive for so long, the draw at Crystal Palace offered proof that City can be stopped.
So, Disney has always been making money off of Star Wars but it's still an impressive benchmark for the movies. In what should come as no surprise whatsoever, Star Wars: The Last Jedi is continuing to earn a lot of money.
Despite Bhansali claiming that no historical facts have been tampered with, the hue and cry around the film did not mitigate. Modifications in the song " Ghoomar " to make the depiction befitting the character being portrayed.
Georgia rallies past OU in 2OT Rose Bowl classic
Coach Kirby Smart said the defense "stunk it up" in the first half, but there were no dramatic changes in the second. Georgia will advance to the January 8 title game against the victor of the Sugar Bowl between Alabama and Clemson.
Fans Think Kylie Jenner Already Gave Birth
According to Radar Online , 20-year-old Kylie's boyfriend Travis has broken up with her saying he "just can't do this". Kylie Jenner looked loved-up with "baby daddy" Travis Scott on Christmas Eve.
Penn State Faithful Unite In Arizona
Until running back Myles Gaskin had a 13-yard rushing touchdown late in the first half, the Huskies tallied -11 rushing yards. Penn State will no doubt try to get Barkley and the run game going early, but, like Washington, they are not one-dimensional.
'Make America Gay Again' banner hung near VP Pence's Aspen home
Deputy Buglione explained the homeowners brought chili and corn muffins to the deputies and Secret Service agents who were posted. Aspen is the county seat of Pitkin, where Hillary Clinton defeated Trump by a significant margin: 69.7 percent to 24.3 percent.
LG V30 To Welcome New Year With Oreo
Amidst the many devices that are receiving Oreo updates, we now have the Moto X4 (Android One edition) joining the ranks. Oreo update will be a major update of the OnePlus 5T smartphone and it will make your device run smoothly.