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The figures follow a string of indicators showing the UK heading into a triple-dip recession after the economy contracted in the last three months of 2012.
A recent string of indicators have provided ominous hints that a long slump may be in the offing; Japan's economy shrank slightly in the first quarter of 2001.
Britain appears to be bouncing back from the post-Brexit panic in better shape than expected, after a string of indicators showed growth across the manufacturing sector, the building industry and in consumer spending.
The drop of 0.7 percent from the level in May was the latest in a string of indicators that have prompted economists to revise down their forecasts for growth in the region.
This string of indicators has led state, city and federal government economists to a nearly unanimous conclusion: After two and half years of contraction, the New York City economy appears to have bottomed out, and a hesitant but discernible recovery may be under way.
BEIJING — Chinese regulators ordered state-owned banks on Tuesday to set aside a larger share of their deposits as a reserve against failed loans, another in a string of indicators that Beijing is concerned about speculation in the nation's fast-growing economy.
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Friday's report from the Institute for Supply Management follows a string of other indicators this week indicating the economy is steadily improving.
After a string of upbeat indicators at the end of November, the ISM's manufacturing index rose only to 49.2 in the month, from 48.5 in October.
Economists say there are good reasons to think Japan's economy will continue to rebound after a string of positive indicators on consumer spending, which accounts for more than half of gross domestic product.
C1 China's Growth Slowing A string of economic indicators suggests that China has tempered recent growth and inflation, an achievement that could make it more reluctant to appease demands from the Bush administration to let its currency rise soon.
[C3.] A string of economic indicators suggests that China has tempered recent growth and inflation, an achievement that could make it more reluctant to let its currency rise soon.
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