PMI manufacturing statistics – Barclays comment

01 Aug 2012 10:03 GMT

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

“Today’s surprise drop shows that manufacturing remains under significant pressure from challenges both at home and overseas.

“But there is hope that whilst the industrial revolution featured heavily in the 2012 opening ceremony, more modern manufacturers such as merchandisers will benefit from a games boost, providing bright spots for the sector.”


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.