Sign up to The Irish Times Archive (1859 - 2008)My Account »
Mon 11 Nov 2009Manufacturing decline eases
NCB Stockbrokers today expressed hope the Irish economy will return to growth this quarter as its latest manufacturing survey showed output and new orders fell only slightly last month.
The NCB Purchasing Managers' Index (PMI), which measures Irish manufacturing activity, rose to 48.0 from 46.6 in September, reaching the highest level since February 2008 and approaching the 50 mark that separates growth from contraction.
Choose a Subscription type - required
