Services companies feed on order growth
28 August 2012
New business was the main factor behind the twenty-first consecutive month of growth for UK services companies, according to December's purchasing managers' index (PMI) report.
The services sector business activity index, a composite indicator of sector conditions from CIPS and NTC Research in which an index of 50 indicates no change on the previous month, eased to 54.9, from 56.7 in November.
The strongest-growing sectors were hotels...