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"With the bounce-back in new orders, employment will also bounce back".
Readings for new orders, employment and prices all hit the lowest levels on records dating back to 1997.
Its index is based on a survey of members and covers new orders, employment, inventories and other indicators.
Among the five subcategories in the overall index -- new orders, employment, supplier delivery, inventories and prices -- only employment grew faster than in October.
"PMI survey data has continued to show strong growth in orders, employment and sentiment in recent months so to see such a decline is indeed puzzling.
The Markit/CIPS UK Manufacturing PMI, a closely watched survey which combines output, orders, employment and prices, fell to 51.6 in September from 52.2 in August, where anything above 50 indicates expansion.
Similar(47)
This study controlled for infant gender, birth order, employment location (in or out of the home), breastfeeding, and maternal education.
Measures of new orders and employment rose.
Measures of new orders and employment nonetheless improved.
New orders and employment were on the increase.
The drop in the index reflected slowdowns in orders and employment.
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CEO of Professional Science Editing for Scientists @ prosciediting.com