Economics
U.K. Factories Weaken as World Relies on China Growth
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A U.K. manufacturing index fell more than economists forecast in April to show its weakest growth this year as export orders declined the most since May 2009.
A gauge of factory output, based on a survey by Markit Economics and the Chartered Institute of Purchasing and Supply, dropped to 50.5 from a revised 51.9 in March, Markit said on its website today. The median forecast of 27 economists in a Bloomberg News survey was for a decline to 51.5 from an initial estimate of 52.1 in March. A reading above 50 indicates growth.