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We are pleased to announce that the latest South West RDA sponsored PMI report is now available.
The purchasing managers’ index (PMI) is a useful tool in assessing regional economic performance and is a widely recognised for providing up to date accurate information on current business conditions. It is provided by Markit Economics and is now sponsored by the English RDAs. The PMI survey methodology is available at the end of the report. The latest Economics Review (Issue 18, November 2009) included an article introducing and explaining the PMI series.
Key points from the report
· Private sector output rose in January, but at slower rate.
· Job shedding eased.
· Input price inflation the strongest since September 2008.
To view the whole report, please follow the link bellow.