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Showing 11 - 20 of 148 results for %22Markit Economics%22

Chief economist update: Hot flashes

BENJAMIN ONG  |  THURSDAY, 25 MAR 2021
... activity with a dash of inflation. This is the overriding conclusion that could be derived from the flash estimates of the IHS Markit Purchasing Managers' Index (PMI) surveys conducted for the US, the Eurozone, the UK and Japan. The PMI is based ...

Chief economist update: Light at the end of the Euro tunnel

BENJAMIN ONG  |  FRIDAY, 12 FEB 2021
... third, before contracting by 0.7% (there's that "7" again) in the final quarter of 2020. Readings from the latest IHS/Markit Eurozone PMI surveys - both the composite and services PMI fell deeper into contraction territory, to 47.8 and 45.4 in January ...

Chief economist update: Fed acts with inaction

BENJAMIN ONG  |  THURSDAY, 17 DEC 2020
... (59.2 in November). Two-month low. US growth momentum has slowed however, given the latest readings from the Markit Economics PMI survey, the economy is still expanding. This backs up the Fed's latest economic projections, where it upgraded its GDP ...

Chief economist update: A V, a W and an L

BENJAMIN ONG  |  MONDAY, 26 OCT 2020
The latest results from the monthly Markit Economics PMI (purchasing managers' index) draws a picture of the three shapes of the economic recovery or otherwise. The letter V. Masked or unmasked, the IHS/Markit flash US composite PMI continues to ...

Chief economist update: COVID-19 returns to Europe with a vengeance

BENJAMIN ONG  |  MONDAY, 19 OCT 2020
... re-opened. However, the service sector posted its biggest contraction (47.6) since May (30.5) as, according to Markit Economics, "face-to-face consumer businesses in particular have been hit by intensifying virus concerns". At its September meeting ...

Chief economist update: Winter of Europe's discontent

BENJAMIN ONG  |  TUESDAY, 6 OCT 2020
... re-opened. However, the service sector posted its biggest contraction (47.6) since May (30.5) as, according to Markit Economics: "Face-to-face consumer businesses in particular have been hit by intensifying virus concerns". It's now also reflected ...

Chief economist update: The W in the second wave

BENJAMIN ONG  |  TUESDAY, 29 SEP 2020
... re-opened. However, the service sector posted its biggest contraction (47.6) since May (30.5) as, according to Markit Economics, "face-to-face consumer businesses in particular have been hit by intensifying virus concerns". This isn't lost on the ...

Chief economist update: Global healing?

BENJAMIN ONG  |  MONDAY, 14 SEP 2020
... restrictions in response to the coronavirus disease 2019 (COVID-19) were eased in many territories". Not only that, the IHS Markit Global Sector PMI survey "signalled strengthening growth in a number of global sectors in August, led by healthcare services ...

Chief economist update: Comeback COVID

BENJAMIN ONG  |  TUESDAY, 25 AUG 2020
... the second wave now hitting the single currency region is slowing economic activity. This is evidenced by the latest IHS Markit Flash Eurozone PMI survey. The flash Eurozone PMI Composite Output Index fell back to a two-month low reading of 51.6 in August ...

Chief economist update: The V in recovery

BENJAMIN ONG  |  THURSDAY, 6 AUG 2020
... to a six-month high of 50.8 in July. This is not surprising given the V-shaped bounce in most major economies. Markit Economics data show the US, China and the Eurozone all in expansion territory (above 50) in July. Although Japan's composite PMI ...