Manufacturers will have a happy Easter

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If the performance of the manufacturing sector is the most important indicator of an economy on the mend, then things are looking promising.

Two days after the official figure for growth in GDP for the last quarter was increased to +0.4% the manufacturing sector gets a further shot in the arm.

UK manufacturing activity grew at a remarkably high rate in March, according to the purchasing managers' index (PMI).

The index reached 57.2 in March which was a better performance than expected.

The last time a month's output grew at that rate was 1994.

Similar upturns in manufacturing output were seen in German and France.

Happy Easter!

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This page contains a single entry by Richard Wilson published on April 1, 2010 4:12 PM.

Automotive suppliers are on their own now... was the previous entry in this blog.

RS joins with ARM for web-based embedded design is the next entry in this blog.

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