Firms take on more staff as new orders rise sharply_2
7 September 2012
UK manufacturers responded to growing order books in September by taking on more staff for the first time in four years, according to the latest PMI report.
The headline purchasing managers' index (PMI) - a composite indicator of economic activity published by CIPS and NTC Research - rose to 52.9, from 52.2 in August, but still above the 50 figure that indicates no change on the previous month.
Employment rose, albeit marginally at 50.7, for the first time in four years to meet sharp growth in new business.
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