Your English writing platform
Discover LudwigSuggestions(5)
Exact(12)
The HSBC index of purchasing managers' sentiment fell to 48.5 in August, from 50.1 in July.
So did the euro-area index of purchasing managers' activity, published this week.The case for a cut, though, was much stronger.
On Monday, the Institute for Supply Management reported that the manufacturing sector contracted in November, with an index of purchasing activity falling to the lowest level since mid-2009.
A separate, government-backed index of purchasing managers' views at manufacturers, which showed an expansion in October for the first time in three months, is due to be released Dec. 1.
Markit's index of purchasing manager sentiment in the euro zone fell to a three-month low of 55.8 in May compared with 55.9 in an earlier estimate and 57.6 in April.
Therefore, we use the most recent Big Mac Index (The Economist [2013]) to compare the purchasing power in food with the median monthly salaries of early childhood teachers in each of the four cities. House price-to-income ratio (HPI) is a measurement, devised in our previous paper, which serves as a useful index of purchasing power in housing (Li et al. [2013]).
Similar(46)
The Mortgage Bankers Association said yesterday that its index of purchases rose 12.5percentt from the previous week.
The group's index of purchase applications dropped 7.2percentto to 358.8.
The group's index of purchase applications climbed to 432.4, the highest since the week ended Aug. 1.
By the beginning of 2013 the government was (optimistically) claiming 500,000 new jobs had been created, while GDP did grow by 0.7% in the last quarter of 2013 and various indexes of purchasing and business confidence suggest more to come.
Back in Europe, there is a wave of purchasing managers index [PMI] data for the services industries in March.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com