-
UK service sector activity falls in the final month of 2012
December’s survey indicated a modest reduction of service sector activity, the first in two years, as incoming new work dropped marginally amid reports of a challenging trading environment. Backlogs of work continued to be cut, while employment was little changed. Expectations for activity over the coming year remained historically muted. The headline index from the survey – the seasonally adjusted Business Activity Index – recorded 48.9 in December, down from 50.2 in November. By posting below the 50.0 no-change mark that separates growth from contraction, the index signalled a modest reduction in UK service ... (full story)
- Comments
- Subscribe
- Comment #1
- Quote
- Jan 4, 2013 5:07am Jan 4, 2013 5:07am
- Squeeze
- | Joined Dec 2012 | Status: Member | 1195 Comments
- Comment #2
- Quote
- Jan 4, 2013 5:35am Jan 4, 2013 5:35am
- Forex Indian
- | Joined Oct 2012 | Status: Member | 6 Comments
- Comment #3
- Quote
- Jan 4, 2013 6:37am Jan 4, 2013 6:37am
- nAVIN2007
- Joined Dec 2007 | Status: mac daddy junior :) | 389 Comments