Economic Data Watch - 1.9.09

UK Manufacturing Purchasing Managers’ Index slips to 49.7 in August, Sparking Fears on the sustainability of the recent economic recovery,

The jobless rate in the 16 nations that use the euro climbed to a new 10-year high of 9.5 percent in July despite other signs that the economy is starting to recover, Full Story

US ISM index of national factory activity rose to 52.9 in August from 48.9 in July, A reading above 50 indicates expansion in the manufacturing sector.Full Story