Orders boost manufacturing activity in December_2
7 September 2012
The UK manufacturing sector enjoyed its most successful month in December for four years on the back of big increases in new orders, according to the latest PMI figures.
The purchasing managers' index (PMI) - a composite indicator of economic conditions in which 50 indicates no change on the previous month, compiled CIPS and NTC Research - rose to 56 in December.
The growth in new orders (57.6) slowed slightly on November's figures and helped to swell employment. However, trade improved strongly with the US and improved with key...