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Economy: Page 555

Eurozone manufacturing growth slows in January
Eurozone manufacturingFebruary 2, 2016 ET
Growth in the Eurozone manufacturing sector slowed at the start of the year. The final Markit manufacturing Purchasing Managers' Index for January was 52.3, in line with the flash estimate and down from 53.2 in December.
Economic confidence highest in Minnesota for second year
MinnesotaFebruary 1, 2016 ET
Minnesota residents were the most positive of any state's residents about the national economy in 2015.
Weak final quarter for 2015 and slow momentum in 2016
NYSEFebruary 1, 2016 ET
The year ended on a weak note with the U.S. Bureau of Economic Analysis today reporting 0.7 percent annualized growth in real Gross Domestic Product for the fourth quarter.
Chicago PMI surges past expectations in January
Chicago PMIFebruary 1, 2016 ET
The Chicago Purchasing Managers' index rose to 55.6 in January from 42.9 the previous month.
UK personal insolvencies fall to 10-year low
Personal insolvenciesFebruary 1, 2016 ET
The number of people declared insolvent fell to its lowest level in 2015, according to the Insolvency Service.
Business operations in Spain fell to the levels of 20 years ago
Spain factoryFebruary 1, 2016 ET
Consumption continued to rise in Spain contributing to the country's economic recovery, the economics newspaper Expansion reported citing the Bank of Spain.
UK house prices rise 6.4% in December, London jumps highest
UK house pricesFebruary 1, 2016 ET
UK house prices rose 6.4% to an average of £188,270 in December compared to the same month a year ago, the Land Registry data showed.
China's budget deficit to reach $336 billion, 3% of GDP
Beijing streetFebruary 1, 2016 ET
China's proactive fiscal policy will continue in 2016 and its general public budget deficit will expand, the China International Capital Corp. (CICC) said in an analysis note.
IMF recommends fiscal adjustment in Bahrain
BahrainJanuary 30, 2016 ET
The falling oil price has affected the Bahraini economy, with sluggish Gross Domestic Product (GDP) growth, rising revenues, and a widening debt and fiscal deficit.
Ukraine's central bank downgrades growth forecast for 2016
Ukraine central bankJanuary 30, 2016 ET
Ukraine's central bank lowered its estimate for the country's gross domestic product (GDP) growth in 2016 to 1.1%, down from an earlier projection of 2.4%.
South Korean manufacturing sentiment hits 7-month low
South Korea factoryJanuary 30, 2016 ET
South Korean manufacturing companies' business sentiments sank to the lowest level in seven months amid still sluggish consumer spending, a poll showed Friday.
China's economic slowdown is normal process
Hubert LienhardJanuary 30, 2016 ET
The slowdown of China's economic growth was a normal process towards sustainability where great business opportunities would be created, said a leading German business group.