Order books rise for services firms
28 August 2012
Almost a quarter of services companies in the UK said new orders rose in October on the month before, in the latest purchasing managers’ index (PMI) report.
Exactly 23 per cent of companies enjoyed a faster rise in new business than in September, which lifted the new orders index to 56.4. In the report, compiled by CIPS and NTC Research, an index of 50 indicates no change on the previous month in the report.
The overall services sector business activity index also climbed, to 56.3. Just over a fifth of companies...