Mexican Media Brands
Economic Growth in Eurozone at 6-Year High
Economic growth in the eurozone continued in May at its fastest pace in six years, according to the IHS Markit Eurozone PMI Composite Output Index.
#economics
Share
Economic growth in the eurozone continued in May at its fastest pace in six years, according to the IHS Markit Eurozone PMI Composite Output Index.
The report, which tracks purchasing activity, calculates an index of 56.8 for May. Any number above 50 indicates growth.
Manufacturing led last month’s expansion, especially in Germany, according to the report. France and Spain also generated stronger indexes. Growth slowed slightly in Italy. But all four countries registered among the greatest increases in employment in a decade.
IHS Markit says its surveys reveal a “broad-based upturn” that is likely to continue well into the year. The firm predicts corresponding upward adjustments in 2017 economic growth estimates by forecasters.
RELATED CONTENT
-
Light Rider
When you think of the forthcoming LA Auto Show and Los Angeles in general, you may think of (1) very expensive, very large vehicles being piloted by very egotistical stars and (2) very jammed freeways full of the aforementioned, as well as numerous other vehicles of a less ostentatious variety.
-
Jeeps Modified for Moab
On Easter morning in Moab, Utah, when the population of that exceedingly-hard-to-get-to town in one of the most beautiful settings on Earth has more than doubled, some people won’t be hunting for Easter eggs, but will be trying to get a good look at one of the vehicles six that Jeep has prepared for real-life, fast-feedback from the assembled at the annual Easter Jeep Safari.
-
On Rafael Nadal, BTS, and Carbon Neutrality
A contributor to the VW ID.4 five-star rating? Does that Chevy crate engine look vintage? Can a tennis star and K-pop celebs move the needle on carbon neutrality? Would you buy a car to get a. . .jacket? And developments in the arena of manufacturing process.
