Industry Sector Weekly by Lloyds TSB

A handful of key surveys released this week, point to a strong start for the corporate sector in Q3 on both sides of the Atlantic. Both July’s European PMI and US ISM surveys indicate continued growth in the manufacturing and service sectors Strong outlook for manufacturing

A handful of key surveys released this week, point to a strong start for the corporate sector in Q3 on both sides of the Atlantic. Both July’s European PMI and US ISM surveys indicate continued growth in the manufacturing and service sectors, albeit at a slower pace compared to earlier this year. In particular, better than expected manufacturing survey results in both the UK and eurozone increases optimism that Q3 will be another strong showing for the sector. In addition, the recent survey results highlight a handful of themes that will most likely play heavily into the growth, risk, and return dynamics of the sector for the full year.

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