Mexican Media Brands
Eurozone Business Activity Hits 7-Month High
Growth of business activity in the eurozone climbed to its highest level since July, as growth in Germany and France offset slowing expansion elsewhere, London-based Markit Economics Ltd. says.
#economics
Share
Growth of business activity in the eurozone climbed to its highest level since July, as growth in Germany and France offset slowing expansion elsewhere, London-based Markit Economics Ltd. says.
Markit's eurozone purchasing managers' composite output index rose to 53.5 in February from 52.6 in January, according to preliminary data. Final results are due in early March.
The research firm notes that employment in the region is growing at its fastest pace since 2011. But it also cautions that expansion is heavily dependent on the service sector.
Markit describes February's manufacturing growth as "subdued" and warns that continued weakness in the sector "remains a major concern."
RELATED CONTENT
-
On Urban Transport, the Jeep Grand Wagoneer, Lamborghini and more
Why electric pods may be the future of urban transport, the amazing Jeep Grand Wagoneer, Lamborghini is a green pioneer, LMC on capacity utilization, an aluminum study gives the nod to. . .aluminum, and why McLaren is working with TUMI.
-
On Lincoln-Shinola, Euro EV Sales, Engineered Carbon, and more
On a Lincoln-Shinola concept, Euro EV sales, engineered carbon for fuel cells, a thermal sensor for ADAS, battery analytics, and measuring vehicle performance in use with big data
-
On Global EV Sales, Lean and the Supply Chain & Dealing With Snow
The distribution of EVs and potential implications, why lean still matters even with supply chain issues, where there are the most industrial robots, a potential coming shortage that isn’t a microprocessor, mapping tech and obscured signs, and a look at the future