Lloyds Bank

Lloyds TSB England Regional PMIs

14 March 2011

Today’s release of Lloyds TSB regional Purchasing Managers’ Index™ (PMI™) data for February indicated that private sector firms maintained their positive start to 2011, with all nine English regions recording higher levels of business activity and new work since the previous month. The West Midlands and Yorkshire & Humber posted the fastest gains in business activity, largely reflecting strong contributions from manufacturing output growth in these regions. Companies in the East of England meanwhile recorded the slowest rise in private sector business activity, with the region at the foot of the growth table for the first time since April 2010. However, the East of England is still recording faster than average growth in employment

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