Coronavirus latest: US manufacturing sector grows at quickest pace in 2 years
Edward White The return to coronavirus lockdowns across Europe threatens to derail Asia’s biggest exporters just as they return to growth, economists have warned. South Korean factories last month returned to growth for the first time this year, according to an industry gauge, the latest sign of an export-led recovery for Asia’s fourth-biggest economy. The IHS Markit manufacturing purchasing managers’ index rose to 51.2 in October from 49.8, marking the first time since December 2019 the reading was higher than the 50 point level separating expansion from contraction. Usamah Bhatti, an economist at IHS Markit, said the data reflected a...
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