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The industry is continuing to contract.
The Philadelphia Fed's business-activity index fell slightly in April, leading to worries that manufacturing output is continuing to contract.
"The music market is continuing to contract more quickly than record labels' digital strategies can offset," said Mark Mulligan, an independent analyst of the music industry.
"The economy continues to weaken, and the job market is continuing to contract," said George Pipas, the Ford Motor Company's chief sales analyst.
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Mr. Wattret said that while a number below 50 suggests the sector was continuing to contract in February, "if you look at the underlying momentum, I think it will rise further".
The pound bought 1.0936 euros, from 1.0776 euros on Monday after Britain's Chartered Institute of Purchasing and Supply index for December showed that the country's service industry was continuing to contract, while a survey by thrift Nationwide showed that December house prices fell 2.5% from November.
The economy is continuing to contract--the Gross Domestic Product shrank by 3.8percentt in the fourth quarter of 2008.
Cristiano Ronaldo is continuing to resist renewing his contract at Real Madrid but Manchester United may face a struggle to re-sign the 28-year-old forward.
"At this point, the comptroller's Bureau of Contract Administration is continuing to closely monitor the contract as it proceeds," he added.
"Overall demand for affordable, high quality, and no-contract fitness centres is continuing to grow, served by a range of providers in a highly competitive market-place.
"Overall demand for affordable, high quality, and no-contract fitness centres is continuing to grow, served by a range of providers in a highly competitive market-place," he added.
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