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Author Archives: Top News Editor

UK Construction Sector Growth Rebounds To 17-Month High

The UK construction sector expanded at the fastest pace in 17 months in May as low interest rate and strong labor markets underpinned residential building activity. The Purchasing Managers’ Index for the construction sector advanced unexpectedly to 56.0 in May ...

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U.S. Labor Productivity Revised To Unchanged In Q1

Revised data released by the Labor Department on Monday showed that U.S. labor productivity was unchanged in the first three months of the year. The Labor Department said productivity came in flat in the first quarter compared to the previously ...

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World Bank Maintains Global Growth Outlook

The World Bank maintained its global economic outlook and forecast growth to accelerate from a post-crisis low seen in 2016, while cautioning that risks to the global outlook remain tilted to the downside. In its June Global Economic Prospects, released ...

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China Private Sector Logs Moderate Growth

China’s private sector expanded at a moderate pace in May as services activity growth improved amid a contraction in the manufacturing sector, survey data from IHS Markit showed Monday. The Caixin composite Purchasing Managers’ Index rose slightly to 51.5 in ...

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