China industrial production slows down

Note: This section contains information in English only.
Source: Marketwatch
© Scanpix/AP

Manufacturing surveys published yesterday showed the industrial production has contracted in November.  According to China Federation of Logistics and Planning report production Purchasing Managers' Index dropped to 49.0 of 100 point gauge, declining below October reading of 50.4.The estimate earlier predicted by Dow Jones Newswires was 49.7. IHS Global's analysts claim the index as alarming indicating business environment deterioration. 

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Thu, 01 Dec 2011 07:40:21 GMT

US employment in private sector increased more than expected

Private sector employment in the US increased by 206,000 from October to November on a seasonally adjusted basis, according to the ADP National Employment Report released on Wednesday. The expected increase was 130,000. Moreover, the manufacturing activity in Chicago rose to 62.6 in November being the seven-month high, exceeding the forecast of 58.6.

Thu, 01 Dec 2011 07:52:14 GMT

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