Spain: PMIs remain in contraction territory
The downturn in the Spanish economy continues unabated. Both the services and manufacturing PMI remained below 50 in October, signalling a contraction.…
US: Manufacturing held back by chip shortages
Industrial output did recover following weather-related disruptions in February, but the scale of the bounce-back was a little disappointing. A…
US: Robust ISM highlights the boost from Asia
The US ISM manufacturing index rose strongly in December despite the regional indicators from the eastern and central parts of the US pointing to a…
Supply constraints from Asia, plummeting demand both at home and abroad together with the disruptive effects of social distancing mean March's steep…