Euro zone manufacturing activity grew for the first time in two years in July as factory output surged, a business survey showed on Thursday, suggesting the region may pull out of recession this quarter. Markit's Eurozone Manufacturing PMI rose to 50.3 in July from June's 48.8, revised slightly higher from a preliminary reading of 50.1 and crossing the 50 threshold for growth for the first time since July 2011. It follows a string of promising economic data out of the euro zone, which has wallowed in recession since the end of 2011. Unemployment fell for the first time in more than two years in June, data showed on ... (full story)