Slower growth but West Midlands still above UK average
Firms in the West Midlands experienced the slowest increase in business activity in over a year during September, new figures have shown.
Nevertheless, growth in the region remained above the UK average, the latest Lloyds Bank Regional Purchasing Managers’ Index (PMI) survey concludes.
The West Midlands business activity PMI registered at 55.2 in September, down from 58.6 in August. Any reading above 50 shows an expansion in output.
The UK average reading was 54.1.
Businesses in the West Midlands also experienced a steep... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
