What’s going on? In August, China’s manufacturing activity shrank for the first time since April 2020. What does this mean? China’s economy seems to be finally slowing down after having outperformed its rivals’ during the pandemic: a widely followed manufacturing activity survey (asking factory managers how busy they’ve been compared to the month before) showed activity in…
Tag: eurozone
Ep 78: Exports Fan
What’s Going On Here? A key survey of eurozone activity showed the bloc’s export-driven manufacturing sector – though still shrinking – ticked up in November. What Does This Mean? The promising data for the eurozone’s manufacturing sector raised hopes that the worst of the region’s recent industrial slump may finally be over. But the bloc still has…
with HT 