China, India Report Manufacturing Growth

by | Nov 1, 2010 | Towing

Manufacturing output jumped in China and India in October, breaking with the rest of Asia.

China’s official Purchasing Managers Index gained to 54.7 in October, from 53.8 a month earlier, The Wall Street Journal said. A reading above 50 signals expansion and a reading under 50 means output contracted.

A Chinese PMI produced by HSBC (HBC) was 54.8, up from 52.9 a month earlier.

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China, India Report Manufacturing Growth originally appeared on DailyFinance on Mon, 01 Nov 2010 07:39:00.

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The Most Profitable Industries for the Next Three Years

by | Oct 10, 2010 | Towing

IBISWorld Research has uncovered five industries that managed to stay extremely profitable during 2010 — and these industries are their picks to be the most profitable for the next three years. Investors could boost their port…