Fashion: Orders Stockpiling and News

fashion: Britain's continuing descent into a deep pit was all over his morning's business and economic news, according to The Independent. Take the Markit/CIPS survey of manufacturing as your starter for ten. No such luck. It was up at 55.1, against 52.1 the previous month, with anything above 50 constituting an expansion. Trouble is, it was driven by manufacturers racing to complete orders and stockpiling like it's going out of fashion. That ought to be good news. (news.financializer.com). As reported in the news.

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