Purchasing Managers Index

(Newser) - The omicron variant of COVID-19 is hitting the world's second-largest economy hard. Amid efforts at containment, China's official Purchasing Managers' Index for the manufacturing sector dropped below 50 on the 100-point scale in March, the National Bureau of Statistics said Thursday, meaning activity contracted after four straight months...

(Newser) - Purchasing Managers' Index reports from Asia and Europe—a critical economic indicator—showed big drops in June, in a strong sign that the economies of Europe and the US could be weaker than thought, the Guardian . Despite European leaders agreeing on a bank bailout scheme last week, Europe's PMI...