Eurozone Private Sector Growth Strengthens In November

Eurozone Private Sector Growth Strengthens In November”

France's private sector expanded at the fastest pace in six-and-a-half years in November, flash survey data from IHS Markit showed Thursday.

The composite output index, which measures the combined output of both the manufacturing and service sectors rose to a 79 month peak of from 56.0, compared to expectations for 56.0.

Implying a busy end to the year, service firms built up backlogs of work at the fastest rate since May 2011, with the sub-index up from 52.9 to 53.3, pushing them to increase headcount at the fastest rate in nearly 10 years. The manufacturing sector continued to lead growth and recorded the strongest increase in production volumes since April 2011. The reading was forecast to remain unchanged at 56.0.

The factory Purchasing Managers' Index climbed to 60.0 in November from 58.5 a month ago.

"The message from the latest eurozone PMI is clear: Business is booming", said Chris Williamson, chief business economist at IHS Markit.

Like this



23 November 2017
Razer Phone officially launches in Singapore
As for official availability, the carrier announced that the Razer Phone will go on sale in the country on December 1. Not quite! Razer bought Nextbit earlier this year, and today the company has released its first smartphone.

23 November 2017
Salman Khan, Katrina Kaif star in action packed thriller - Tiger Zinda Hai
Salman and Katrina are coming together after a long gap and it seems that both the stars will give a ideal end to this year. But what is making us at Happy Trips really excited is the shooting location of the song.

23 November 2017
European Union to support Zimbabwe's democratic aspirations after Mugabe exit
Speaker of the Parliament of Zimbabwe, Jacob Mudenda announced Mr Mugabe's resignation on Tuesday, November 21. Mugabe's resignation followed an impeachment motion adopted by Zimbabwe's parliament on Tuesday.

23 November 2017
Preview screenings of BBC Christmas specials for York residents
And on the first two nights, at Hartlepool Town Hall and The Guild Hall in York , it will be followed by The League of Gentlemen. Successful spectators will also be able to pose for pictures on the BBC's red carpet and admire props from both programmes.

23 November 2017
Coherent (NASDAQ:COHR) Earns Media Sentiment Rating of 0.11
After $0.39 actual earnings per share reported by Knoll Inc for the previous quarter, Wall Street now forecasts 10.26% EPS growth. Tygh Capital Management holds 1.33% or 26,143 shares. 3,668 are owned by Verition Fund Mgmt Ltd Liability.

23 November 2017
Joel Embiid Hilariously Baits Jazz Rookie Donovan Mitchell Into A Technical Foul
He averages 1.8 blocks per game this season, and this was his second of the night. Embiid said he and Mitchell shook hands after the game.

23 November 2017
Goodluck Jonathan to deny himself sleep until PDP wins 2019 elections
If we foolishly allow sentiments to colour our reasoning, we will have no one but ourselves to blame" he warned. I have been going round quietly, canvassing for votes.

23 November 2017
'Whatever the pitch, we will go with the flow'
From the last series as well, he has a great ability to do something special for Sri Lankan cricket. Talking about the Nagpur pitch, he said: "I have not seen the pitch".

23 November 2017
Xerox Corporation (XRX) EVP Herve Tessler Sells 6000 Shares
After $0.89 actual earnings per share reported by Xerox Corp for the previous quarter, Wall Street now forecasts 5.62% EPS growth. Retirement Systems of Alabama lifted its position in shares of Xerox Corporation by 32.8% during the third quarter.

23 November 2017
Universal Display (NASDAQ:OLED) Overbought but Is That a Sell Indicator?
After $-0.12 actual EPS reported by DavidsTea Inc for the previous quarter, Wall Street now forecasts 25.00% negative EPS growth. It improved, as 23 investors sold OLED shares while 87 reduced holdings. 71 funds opened positions while 61 raised stakes.