Chris Williamson - Markit

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Last quote by Chris Williamson

There shouldn't be a leadership threshold at all. That needs to change. Who are the PLP [parliamentary Labour party]? They are a tiny percentage of the party.feedback
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Sep 19 2017 Labour Party
We can learn a lot about a person if we know what types of things he or she talks about or comments on the most frequently. There are numerous topics with which Chris Williamson is associated, including UK and France. Most recently, Chris Williamson has been quoted saying: “The summer months have seen eurozone economic growth moderate only slightly from the rapid pace seen in the spring.” in the article Eurozone Growth Seen Easing But Still Strong, Survey Shows.
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Chris Williamson quotes

Aug 03 2017 - Brexit

Firms' prospects for the coming year have slipped to a level which has previously been indicative of the economy stalling or even contracting ... largely reflecting heightened uncertainty about the economic outlook and Brexit process.feedback

Aug 03 2017

Of the four largest euro members, only Italy recorded faster growth in July.feedback

Aug 03 2017

The surveys indicated a slight cooling in the pace of growth in July, but this is still an encouragingly upbeat picture of business conditions.feedback

Jul 24 2017

You often get some pause in growth rates. It's been very strong for some time now, especially in Germany. We are in July (holiday season)…which leads to factory closures.feedback

Jul 24 2017

It doesn't mean a fundamental slowdown in demand. I wouldn't worry about it too much. Although we've had two (successive) months of slowing growth. If we get a third one it begins to look like we are entering a cycle of slowdown.feedback

Jul 16 2017 - Japan

The drop in confidence pushed the level of UK optimism below that seen in the eurozone for the first time in seven years, and contrasts with multi-year high levels of optimism in the United States and Japan. As such, the survey results suggest the UK is at risk of falling behind in an otherwise solid-looking global economic outlook.feedback

Jul 16 2017 - Brexit

Companies have become increasingly worried about the business outlook, largely as a result of heightened political uncertainties and the potential impact of Brexit. Business optimism about future prospects has sunk to its lowest for nearly six years, adding to a growing body of data which points to a slowing economy.feedback

Jul 06 2017 - Labour Party

No MP should be guaranteed a job for life and it's crucial that we all get with the times. MPs elected in earlier phases of this party run the risk of failing to understand what is really going on out there in society. Although this party's hundreds of thousands of new members were once demonised, the election has shown that the political instincts of these members are in line with popular opinion. For our party to succeed these members must be listened to.feedback

Jul 05 2017

All four of the largest euro nations (Germany, France, Italy and Spain) are reporting faster growth in the second quarter as a whole, adding to the picture of an increasingly self-sustaining recovery amid rising domestic demand in the single currency area.feedback

Jul 05 2017 - Brexit

Given the deterioration in the forward-looking indicators, such as business optimism and order book growth, the risks are tilted towards the economy slowing in the third quarter.feedback

Jul 05 2017

There are pockets of growth, notably in financial services and business services, but the overall picture is one of business spending, investment and exports failing to provide sufficient impetus to fully offset the consumer slowdown.feedback

Jul 05 2017 - British elections 2017

It's clear that the economy heads into the third quarter losing momentum. With business optimism having been hit by the intensification of political uncertainty following the general election and commencement of Brexit negotiations, at the same time that households are battling against rising inflation, the indications are that the economy's resilience is being tested.feedback

Jul 05 2017 - Brexit

Although the three PMI surveys are running at levels that are historically consistent with GDP growing by around 0.4% in the second quarter, it's clear that the economy heads into the third quarter losing momentum.feedback

Jul 04 2017

I think it's important that we listen to the survivors... local people are saying they don't have faith in him.feedback

Jul 04 2017

I know that the survivors are unhappy about the choice of Sir Martin Moore-Bick as the chair. They are also incredibly unhappy as I am about the terms of reference for the inquiry, which is very restricted to simply looking at the causes [of the fire] and why it spread so quickly. What we need is a much wider inquiry looking at all the issues and some of the political decisions that were taken in order to enable us to learn those lessons.feedback

Jul 04 2017 - Labour Party

MPs need to reflect the political programme that is overwhelmingly supported by Labour members and Labour supporters and if people aren't prepared to do that then it will be up to members in their local constituencies to find someone else who will.feedback

Jul 03 2017

There's no sign of the impressive performance ending any time soon. Optimism about the year ahead has risen to the highest for at least five years, backlogs of orders are building up at the fastest rate for over seven years and factories are reporting near-record hiring as they struggle to deal with the upturn in demand. As such, the manufacturing sector is clearly in expansion mode and looks poised for continued robust growth in coming months.feedback

Jun 30 2017

The main drag seems to have come from weaker household spending growth, which dropped from 0.7% late last year to 0.4%, which can in turn be at least partly linked to a third consecutive quarterly fall in real household disposable income – its worst run since the 1970s, according to official statisticians.feedback

Jun 23 2017

The upturn is also broad-based, with the surveys signalling an acceleration of GDP growth in both France and Germany in the second quarter, as well as across the rest of the region as a whole, albeit with some loss of momentum seen across the board in June.feedback

Jun 23 2017

At the moment I'm not too worried about it. We may be reaching the stage where growth has been strong for quite a few months and we are hitting a few ceilings in terms of degrees to which firms can expand capacity.feedback

Jun 23 2017

It's not really clear what that's about, there was no single cause we can pinpoint and I'm inclined to treat it just as some payback for the sheer strength of growth in recent months.feedback

Jun 23 2017

The strength of job creation very much suggests that companies are in expansion mode and moving away from focusing on cost efficiencies.feedback

Jun 14 2017

The good news keeps flowing out of the Eurozone, with fresh official data showing record employment and industrial production growth picking up. The stronger employment and production data will add to views that the criteria of economic growth becoming self-sustaining are increasingly being met, and that downside risks to the outlook appear to be fading.feedback

Jun 05 2017

The three PMI surveys are running at levels that are historically consistent with GDP growing at a robust 0.5pc rate, albeit with the slowing in May posing some downside risks to the near-term outlook.feedback

Jun 05 2017

The outlook for the euro zone economy seems to be tilting to the upside, and it seems likely that we'll start to see many forecasters' expectations for 2017 growth revised higher. With the rate of job creation rising to one of the highest seen over the past decade, the recovery is also becoming more sustainable, as the improved labour market should feed through to higher consumer spending.feedback

May 23 2017

The fact we have maintained this high level in May is great news for second quarter GDP.feedback

May 04 2017 - French Presidential Debate

The encouraging picture from the survey data is likely to help raise many forecasters' expectations of eurozone economic growth in 2017.feedback

May 04 2017

The PMI surveys portray an economy that is growing at an encouragingly robust pace and that risks are moving from the downside to a more balanced situation.feedback

May 04 2017

We expect consumer spending to slacken in coming months, with the April survey highlighting continued weakness in sectors such as hotels, restaurants and other household-facing businesses.feedback

Apr 21 2017

There is a good outlook for the year – it looks like the upturn has legs. With numbers like these, people are going to start edging up their forecasts.feedback

Apr 05 2017

Much of the disappointment in growth so far this year has been evident in consumer-oriented sectors, in part linked to spending and incomes being squeezed by higher prices.feedback

Apr 05 2017

The survey data indicate that UK business activity growth regained some momentum after having slipped to a five-month low in February, but the upturn fails to change the picture of an economy that slowed in the first quarter. The relative weakness of the PMI survey data compared to that seen at the turn of the year suggests the economy will have grown by 0.4pc in the first quarter, markedly lower than the 0.7pc expansion seen in the fourth quarter of last year.feedback

Apr 05 2017 - Unemployment

Most welcome for a region still suffering near-double digit unemployment is a rise in the survey's employment index.feedback

Apr 03 2017

Euro zone manufacturing is clearly enjoying a sweet spell as we move into spring, but it is also suffering growing pains in the form of supply delays and rising costs. The survey is also signaling the highest incidence of supplier delivery delays for nearly six years, underscoring how suppliers are struggling to meet surging demand.feedback

Mar 27 2017 - Brexit

Shortly after the referendum, the older generations and the very poorest families were the exceptions in considering Brexit to be beneficial to the long-term health of the economy. However, even these pockets of the population have now become pessimistic. The most marked turnaround is evident among the poorest paid, who have switched from being the most optimistic to now being the most downbeat.feedback

Mar 24 2017

The increasingly broad-based nature of the upturn also bodes well for strong growth to be sustained in coming months. Perhaps the best news came from France, where growth has risen above that seen in Germany, led by strengthening domestic demand. While elections remain a worry regarding the outlook, for now the business mood in France and across much of Europe is very positive.feedback

Mar 24 2017

There is a nice broad-based strengthening of the euro zone economy, this is a really solid rate of expansion. It's an economy firing on all cylinders.feedback

Mar 24 2017

While elections remain a worry regarding the outlook, for now the business mood in France and across much of Europe is very positive. The eurozone economy's throttle opened further in March.feedback

Mar 24 2017

What we are picking up is an increase in suppliers' ability to hike prices due to strong demand. If that continues to intensify the ECB should become more worried.feedback

Mar 23 2017

The consumer, which has provided the main engine of UK economic growth in recent years, is showing signs of running out of steam. Looking at the underlying trend, retail sales are falling at the fastest rate for seven years as households struggle with rising prices and subdued pay growth.feedback

Mar 08 2017

The acceleration in growth, employment and prices signaled by the survey suggest that analysts will begin to pull forward their expectations of when the ECB could begin tapering its stimulus.feedback

Mar 04 2017

The February index reading is broadly indicative of global manufacturing output growing at a robust annual rate of 4-5%.feedback

Mar 03 2017

Weaker consumer spending was a key cause of slower service sector growth, suggesting that household budgets are starting to crack under the strain of higher prices and weak wage growth.feedback

Mar 03 2017

The final PMI numbers paint a bright picture of a euro zone economy starting to fire on all cylinders. Growth accelerated in all of the four largest member states in February to suggest an increasingly sustainable and robust-looking upturn. However, it seems likely that central bank rhetoric will remain dovish in coming months, focusing on the headwinds that the economy faces in 2017, and specifically the need for policy to remain accommodative in the face of political uncertainty.feedback

Mar 03 2017

The acceleration in growth, employment and prices signaled by the surveys suggests that analysts will begin to pull forward their expectations of when the ECB could begin tapering its stimulus.feedback

Mar 01 2017

Euro area manufacturers are reporting the strongest production and order book growth for almost six years, in what's looking like an increasingly robust upturn.feedback

Mar 01 2017

On the price front, not only are higher commodity prices and the weak euro pushing up firms' costs, but there's also growing evidence of a sellers' market developing for many goods as demand exceeds supply, which suggests core inflationary pressures may be starting to rise.feedback

Feb 21 2017

The eurozone economy moved up a gear in February. With inflows of new orders also surging and firms becoming even more optimistic about the year ahead, growth could even lift higher in coming months. France's revival represents a much-needed broadening out of the region's recovery and bodes well for the eurozone's upturn to become more self-sustaining.feedback

Feb 21 2017

The ECB will be cheered by the signs of stronger growth and further upturn in price pressures, though will no doubt remain concerned that elections and Brexit could disrupt the business environment this year.feedback

Feb 21 2017

No change in policy therefore looks likely until at least after the German elections in September.feedback

Feb 03 2017

With jobs being created at the fastest rate since the global financial crisis, it certainly seems that companies are looking to expand and are not overly concerned about how business might be affected by political uncertainty. There remains a significant risk of political events subduing or even derailing the upturn, meaning we retain a cautious outlook for the eurozone, with GDP likely to rise by only 1.5 percent this year.feedback

Feb 01 2017

Euro zone manufacturing is off to a strong start to the year. Optimism about the year ahead has risen to the highest since the region's debt crisis, suggesting companies are maintaining a buoyant mood despite the heightened political uncertainty caused by Brexit and looming general elections in the Netherlands, France and Germany.feedback

Feb 01 2017

Inflationary pressures are also picking up. Much of the increase in costs and prices can be linked to the weakened exchange rate and higher global commodity prices. However, there are also signs of demand running ahead of supply, which hints at a tentative build-up of core inflationary pressures.feedback

Jan 24 2017

Firms' expectations about the year ahead are running at the highest for at least four-and-a-half years, highlighting how political risk continues to be widely eschewed, with companies focusing instead on expanding their sales in the coming year.feedback

Jan 24 2017

The euro zone economy has started 2017 on a strong note. The January flash PMI is signalling respectable quarterly GDP growth of 0.4 percent with a broad-based expansion across both manufacturing and services.feedback

Jan 18 2017

The ECB's communication could be tested as early as the March meeting when data will likely have improved further boosting the inflation forecast and spurring calls for an end to unconventional measures.feedback

Jan 18 2017

To put the PMI data into perspective, the five-and-a-half-year high reached in December is broadly consistent with factory output growing at an impressive annual rate of approximately 4 percent.feedback

Jan 05 2017

A buoyant service sector adds to signs that the UK economy continues to defy widely-held expectations of a Brexit-driven slowdown.feedback

Jan 04 2017

Manufacturers and, to a lesser extent, service sector companies are benefiting from the weaker euro, which is both boosting goods exports and encouraging demand for services exports such as tourism.feedback

Jan 02 2017

Euro zone manufacturers are entering 2017 on a strong footing, having ended 2016 with a surge in production. To put the PMI data into perspective, the five-and-a-half-year high reached in December is broadly consistent with factory output growing at an impressive annual rate of approximately four percent.feedback

Jan 02 2017

Policymakers will be doubly pleased to see the manufacturing sector's improved outlook being accompanied by rising price pressures.feedback

Jan 02 2017

Euro zone manufacturers are entering 2017 on a strong footing, having ended 2016 with a surge in production. To put the PMI data into perspective, the five-and-a-half-year high reached in December is broadly consistent with factory output growing at an impressive annual rate of approximately 4 percent.feedback

Dec 05 2016

These higher costs will inevitably feed through to consumers in the form of higher prices.feedback

Dec 05 2016

The pace of UK economic growth remains resiliently robust in the fourth quarter, despite ongoing uncertainty caused by Brexit.feedback

Dec 01 2016

While the ECB looks poised to extend its quantitative easing program at its December meeting, the upturn in growth and inflationary pressures will further fuel talk of whether we could see the ECB start tapering its asset purchases next year.feedback

Nov 23 2016

The preliminary PMI results for November indicate the sharpest monthly increase in business activity so far this year, with plenty of signs that growth will continue to accelerate.feedback

Nov 23 2016

What's especially encouraging to see is the build-up of uncompleted orders, which showed the largest rise since May 2011.feedback

Nov 23 2016

Average prices charged for good and services showed the biggest rise for over five years, albeit with the rate of increase being very modest. However, with indicators such as rising backlogs of work and longer supplier delivery times suggesting demand is exceeding supply, price pressures look set to intensify further in coming months.feedback

Nov 04 2016

It seems that the only remaining obstacle to the Fed hiking in December would be a significant adverse financial market reaction to the U.S. presidential election.feedback

Oct 24 2016

The euro zone economy showed renewed signs of life at the start of the fourth quarter, enjoying its strongest expansion so far this year with the promise of more to come.feedback

Oct 05 2016

As such, the economy remains vulnerable to further setbacks and the need for policy action later in the year cannot be ruled out.feedback

Oct 05 2016

We see this trend persisting into next year, as the impact of Brexit is exacerbated by uncertainty surrounding elections in France and Germany alongside ongoing political unrest in Italy and Spain.feedback

Oct 03 2016

The key message from the September survey is that the euro area's manufacturing economy continues to expand at an encouragingly solid pace. The concern is that the upturn is worryingly uneven.feedback

Sep 05 2016

The survey data will fuel expectations that the ECB would prefer not to wait before injecting more stimulus into the economy, adding pressure for policymakers to act later this week to help shore up confidence in both the outlook for the economy and the bank's commitment to its inflation target.feedback

Sep 05 2016

It remains too early to say whether August's upturn is a dead cat bounce or the start of a sustained post-shock recovery.feedback

Sep 02 2016

The data-dependent Fed will most likely see the payroll numbers as taking pressure off any immediate need to hike interest rates.feedback

Aug 23 2016

There are some warning lights flashing about the future.feedback

Aug 23 2016

Policymakers will be quite encouraged that it is moving in a positive direction. It looks cautiously optimistic for the region in the face of the Brexit threat.feedback

Aug 23 2016

The eurozone remains on a steady growth path in the third quarter, with no signs of the recovery being derailed by 'Brexit' uncertainty.feedback

Jul 22 2016

In the face of the terrorist attack and the Brexit vote, to have the index coming up to 50.0 in a stable economy is perhaps a good result.feedback

Jul 22 2016

There is a strong indication that Italy and Spain saw a deterioration in growth rates.feedback

Jul 22 2016

July saw a dramatic deterioration in the economy.feedback

Jun 29 2016

It seems almost inevitable that the heightened uncertainty created by the referendum will cause a further pull-back in business and consumer activity in coming months, raising the prospect of a likely contraction of the economy in the second half of the year.feedback

Jun 23 2016

There was some support to growth from the wider global economy, but the countering force of that is more political uncertainty, especially in France, but also in the wider euro area.feedback

Jun 23 2016

While demand is just about growing strong enough to generate employment, it's not strong enough to give firms pricing power.feedback

Jun 23 2016

Barring any disruption from the UK vote, it does look like this solid but unexciting growth will continue. Markit expects the economy to expand by 0.4 percent in the second quarter.feedback

Jun 01 2016

The disappointing performance of manufacturing adds to suspicions that the pace of eurozone economic growth in the second quarter has cooled after a surprisingly brisk start to the year based on the latest estimate of GDP.feedback

May 12 2016

The Bank stepped up its warnings about the potentially damaging impact of the UK leaving the EU. the Bank recognizes that their updated projections carry "huge uncertainty.feedback

May 05 2016

The deterioration in April pushes the surveys into territory which has in the past seen the Bank of England start to worry about the need to revive growth.feedback

May 02 2016

The survey data therefore so far show no signs of European Central Bank stimulus or the weaker euro helping to revive the manufacturing sector, at least for the euro area as a whole.feedback

Mar 09 2016 - Unemployment

For a region beleaguered by still-high overall unemployment, the fact that the upturn is generating more jobs is especially good news. The latest rise in factory payroll numbers was one of the best seen over the past four years.feedback

Mar 08 2016

A welcome uptick in the final PMI numbers… is especially encouraging as it suggests the region saw little overall contagion from the UK's 'Brexit' vote.feedback

Mar 08 2016

The survey is still indicating only a modest 0.3 percent quarterly rate of economic growth at the start of the third quarter. Such a meagre pace of expansion will inevitably fuel speculation about what the European Central Bank could and should do to boost growth, and when.feedback

Mar 01 2016

Concerns are growing that the region is facing yet another year of sluggish growth in 2016, or even another downturn. Lacklustre domestic demand is being compounded by a worsening global picture.feedback

Feb 22 2016

The ECB are going to have to do a lot more and as soon as it can. It could surprise many in terms of its aggressiveness.feedback

Feb 22 2016

When you look at the forward indicators … they are all suggesting you are going to see another slowdown in March, which could take GDP growth down to 0.2 percent.feedback

Feb 22 2016

On our measure, Germany is currently still looking at 0.3 percent growth in the first quarter. But of course much depends on what happens in March. If there is a further downturn then, we could easily see 0.2 percent growth and I think that's where we're heading.feedback

Feb 22 2016

That's usually a sign that companies don't have enough backlogs of orders to deal with given current workforce numbers and they will look to cut their headcount to save money.feedback

Feb 22 2016

We are looking at a picture of fundamentally weak demand in France both on the consumer side and business side.feedback

Feb 22 2016

This is more like France flatlining rather than sliding into another recession.feedback

Feb 03 2016

Growth of activity, order books and employment all lost momentum, but perhaps most worrying of all from a policymaker's perspective is the intensification of deflationary pressures.feedback

Jan 22 2016

Firms also appear to be looking to brighter times ahead, with business confidence improving, linked in turn to backlogs of work rising at the fastest rate since the spring of 2011.feedback

Jan 02 2016

The eurozone's manufacturing economy missed a beat at the start of the year. Growth of order books, exports and output all slowed. If the slowdown in business activity wasn't enough to worry policymakers, prices charged by producers fell at the fastest rate for a year to spur further concern about deflation becoming ingrained.feedback

Nov 23 2015

These are good numbers. For the region as a whole you are looking at growth of 0.4-0.5 percent. You are not only seeing activity hitting highs but also employment, backlogs and new business. The caveat to that is it's not that different to what we have seen throughout the year, and the ECB is going to be disappointed with the growth rate given the stimulus already in place.feedback

Nov 23 2015

It's a sign this growth is only taking place at the expense of margins. The ECB is not going to look at these numbers and think everything is alright. They are going to think it still needs a push.feedback

Nov 23 2015

But history does tell us that these events tend to have a very short-lived impact.feedback

Nov 23 2015

In some ways that's disappointing, but if you look at the bright side of that, a lot of it is companies restructuring, trying to be more efficient, more productive.feedback

Nov 23 2015

We think the key reason for the slowing in services growth is due to the attacks.feedback

Jun 01 2015

Weakness is centred in the region's core, with France's manufacturing sector still in decline and Germany only seeing very meagre growth.feedback

Jan 02 2015

Eurozone factory activity more or less stagnated again in December, rounding off a year which saw an initial, promising-looking upturn fade away and stall in the second half of the year.feedback

Sep 23 2014

Although they will want to wait and see what the ABS purchases do in terms of stimulating the economy, the danger is the longer you wait, the more entrenched the downturn becomes.feedback

May 23 2013

There is just a lack of belief that the situation is going to improve any time soon. There is strong dissatisfaction with the government and its handling of the economy.feedback

Apr 23 2013

Previously, we've seen Germany expand while other countries have contracted – notably Spain, Italy and France.feedback

Apr 23 2013

The forward-looking indicators suggest there's risks to the downside for the contraction to gather pace.feedback

Mar 22 2013

At the moment I can just see contraction, and potentially an increased rate of contraction as the year goes on unless more is done to stimulate growth and boost business and consumer confidence. Otherwise companies and households will move increasingly into cost-cutting measures.feedback

Mar 21 2013 - Cyprus

It's really quite disappointing. Given the deterioration in the political and financial market outlook there is really little hope from what we see that there is going to be a turnaround in the second quarter, and in fact more likely an increased weakening.feedback

Jan 02 2013

Manufacturers look to be in for another tough year in 2013, though prospects have brightened a little, as producers should benefit from signs of stronger demand in key export markets such as the United States and China.feedback

Jul 04 2012

The services economy saw one of its worst months since the recovery began three years ago, with the June survey showing signs of growth stalling. The services PMI probably cements the case for further stimulus from the Bank of England.feedback

May 04 2012

Growth has practically ground to a halt even in Germany, and France has joined Italy and Spain in seeing a strong rate of economic decline.feedback

Mar 01 2012

Whether the euro zone will sink back into recession in the first quarter remains highly uncertain. The periphery remains the major concern.feedback

Feb 22 2012

It is not a great sign. There have been widespread job losses in the periphery, which you would expect. More worryingly there was virtually no job creation going on in France and in Germany the rate of growth has eased quite sharply.feedback

Jan 04 2012

Despite the upturn, the fourth quarter saw the steepest contraction since the spring of 2009, and forward-looking indicators suggest that a further decline is on the cards for the first quarter of 2012.feedback

Oct 24 2011

Most indicators seem to suggest it is going to get worse not better in the coming months. So there is a significant chance of a contraction in the fourth quarter.feedback

Oct 05 2011

Even more disappointing is the steep drop in new business, which suggests that GDP will contract in the fourth quarter unless business and consumer confidence rally in coming weeks.feedback

Mar 24 2011

You expect to see some dips and dives when they are at these sorts of heights so we are not particularly worried about the downturn in the manufacturing index, it's still at levels suggesting strong growth.feedback

Jan 24 2011

France moved down a gear compared to much of last year, but nothing like what we're seeing outside where the periphery is close to stagnation.feedback

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