But the dramatic increase suggests something has gone seriously askew.
While a reading below 50 shows contraction, the increase suggests manufacturing in Europe may recover in coming months.
The increase suggests that companies are investing more in anticipation of growing sales during the rest of the year.
The increase suggests a modest recovery is continuing in the housing market, despite weaker job growth.
The increase suggests that a more rigorous review system is now in place, analysts say.
That increase suggests a greater reluctance among banks to respond to Freddie's demands.
The recent rate of increase suggests that that number could be reached next year.
The increase suggests sales of previously occupied homes will continue rising in the coming months.
The increase suggests economic growth could be picking up after a weak start.
This compares with 27 in 2014, 32 in 2013 and 35 in 2012 and the increase suggests that the deliberate, premeditated targeting of journalists is on the rise.
