Recovery Now Losing Steam Within Wales ; New Orders Fall and Costs Rise Sharply
Western Mail › September 14, 2010
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Summary
PRIVATE sector activity in Wales hit its lowest level in 14 months in August after a fall in new business growth, figures have revealed.
According to the monthly Welsh Purchasing Managers' Index (PMI) from Markit Economics, restricted business growth mirrored a slowdown recorded in July, while employment remained unchanged as spare capacity discouraged firms from recruiting.See the full content of this document
Extract
Recovery Now Losing Steam Within Wales ; New Orders Fall and Costs Rise Sharply
The author of the report - based on a survey of companies - warned that it was evidence that the recovery was "losing steam."
In the seasonally-adjusted Business Activity Index - whi...See the full content of this document
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