Purchasing Managers Index - Business Activity
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Released monthly, this
chart highlights the sentiment of a sample of purchasing managers regarding the
level of activity at their business. Produced by Markit, this chart compares
the responses of those businesses in the South West with the responses in the
national sample. Each month those managers are asked whether their business has
seen an increase or decrease in activity and a score is produced – 50
representing a ‘neutral’ score, above which conditions have improved from the
previous month and below conditions have worsened. This chart shows that
activity remains barely positive, reflecting the fragile confidence in most
businesses.