U.S. BUSINESS ACTIVITY EXPANDED AT FASTEST RATE IN OVER FIVE YEARS IN NOVEMBER: IHS MARKIT

Highlights

• IHS Markit's manufacturing and services purchasing managers' indexes performed better than what was predicted by several polls

• While Reuters had forecasted that Markit’s manufacturing index would remain at 53, it jumped to 56.7 from 53.4 ...

RETAIL SALES AND BUSINESS ACTIVITY INCREASE IN UK

HIGHLIGHTS

• Consumer spending has recovered near pre-pandemic levels but recession still in UK.
• At the fastest pace in five years, UK private sector business activity grew in JUL 2020.

British economy can hope for a rapid recovery fro...

PMI SAYS FRENCH BUSINESS BOOMS HIGH IN JUL 2020

HIGHLIGHTS

• In service sector, the business activity is booming.
• French economy is recovering faster than expected.

According to a survey, French business activity has rebounded far more than expected in JUL 2020. Regarding post-lockd...

IHS MARKIT: ON AN AVERAGE, 1 IN 4 TRUCKS AND CARS ARE AT LEAST 16 YEARS OLD IN THE U.S.

Highlights

• The average age of a vehicle a decade ago was 10.6 years  
• The average age was 9.6 years in 2002

According to a new analysis of what Americans are driving, on average, 1 in 4 cars and trucks are at least 16 years...

CATENA TECHNOLOGIES ACQUIRED BY IHS MARKIT

Highlights:

• London-based IHS Markit has acquired Catena Technologies, a Singapore-based regulatory trade reporting company.
• The deal also covers adding Catena platform to IHS Markit’s MarkitServ reporting solution.
• Catena offers thoug...

Sweden Manufacturing is boosting Krona

Sweden's Krona got a lift following two back to back long stretches of misfortunes and after Sweden producing yield developed more than the market desire. At the outside trade showcase, the Pound to SEK conversion scale settled at 12.3063 enrolling a - 0.96% misfortune. During Thursday's ...

US economy closes year on the unobtrusive note, IHS Markit measures appear

An economy (from Greek ο?κος – "family unit" and ν?μoμαι – "oversee") is a zone of the creation, dispersion, and exchange, just as utilization of merchandise and enterprises by various operators. Comprehended in its ...

The construction part has been unpredictable consistently.

New requests in the UK construction part dropped further as political vulnerability put structural designing and business building ventures on hold, keeping by and large action in the business immovably in withdrawal.

The IHS Markit/CIPS UK obtaining chiefs' sub-record for construct...