Trade falls to record lows as post-attack downturn bites_2
17 August 2012
Business activity on both sides of the Atlantic has suffered in the month after the US terrorist attacks, with the services sector particularly badly hit, according to the latest figures.
The UK, US and euro-zone purchasing managers' indices (PMI) for the non-manufacturing sector recorded their lowest ever figures in October. The manufacturing sector continued to contract, and the index hit record lows in Ireland, the Netherlands and Denmark.
The CIPS/NTC Research PMI showed that UK services contracted for the second successive month, dropping to...