PMI manufacturing statistics – Barclays comment

01 May 2012 11:03 GMT

Mark Lee, Head of Manufacturing, at Barclays comments on today's PMI manufacturing figures.

“Although UK manufacturing sector growth has softened, there is still strength in the sector despite last week’s news of a return to recession. It seems that the contraction in economic growth has not had a lasting impact on manufacturers’ confidence, with signs of optimism across the industry and various sub sectors performing well.”


About Barclays

Barclays is a major global financial services provider engaged in personal banking, credit cards, corporate and investment banking and wealth and investment management with an extensive international presence in Europe, the Americas, Africa and Asia. Barclays’ purpose is to help people achieve their ambitions – in the right way.

With over 300 years of history and expertise in banking, Barclays operates in over 50 countries and employs approximately 140,000 people. Barclays moves, lends, invests and protects money for customers and clients worldwide.

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