WHAT DO YOU EXPECT FROM THE FEBRUARY PMIs?

first_img Share WHAT DO YOU EXPECT FROM THE FEBRUARY PMIs? whatsapp Tags: NULL Show Comments ▼ Sunday 27 February 2011 11:31 pm whatsapp ANDREW GOODWIN | ERNST AND YOUNG ITEM CLUB“The January PMI suggested that the economy had rebounded strongly after the snow. Given that January was boosted by this catch up effect, we wouldn’t be surprised to see the headline balances come in a little lower in February, as this effect fades. We should, however, continue to see some healthy growth.”HOWARD ARCHER | IHS GLOBAL INSIGHT“Survey evidence for February for the services, manufacturing and construction sectors will offer key evidence as to whether the bounce back in activity in January from December’s severe weather-related hit is being sustained. We expect growth to moderate appreciably after the likely first quarter rebound.”VICKY REDWOOD | CAPITAL ECONOMICS“February’s PMIs will be important in showing whether the rises in January just reflected the temporary boost from activity postponed during the snow, or suggest that the recovery is fully back on track. We suspect that the surveys might edge down a bit, indicating the underlying pace of growth is actually pretty sluggish.” Read This NextNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’SportsnautRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap KCS-content last_img