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PMI manufacturing statistics - Barclays' comment

Mike Rigby, Head of Manufacturing at Barclays, comments on today's PMI manufacturing figures.

“Today’s data does point to a loss of momentum in the sector but that’s no reason to get carried away just yet. Growth in output continues to tick up, albeit slower than in previous months, and new orders and employment remain in positive territory.  Manufacturers continue to report healthy order books from the ongoing improvement in global export markets and although challenges with the supply-chain are persisting, manufacturers remain optimistic and, as they have proved time after time, they are good at just getting on with business.” 
Notes to editors

For further information about Barclays Corporate Banking, please visit our website barclayscorporate.com  

About Barclays

Barclays is a transatlantic consumer and wholesale bank offering products and services across personal, corporate and investment banking, credit cards and wealth management, with a strong presence in our two home markets of the UK and the US.

With over 325 years of history and expertise in banking, Barclays operates in over 40 countries and employs approximately 80,000 people. Barclays moves, lends, invests and protects money for customers and clients worldwide.

For further information about Barclays, please visit our website www.home.barclays .