Sep 22, 6:13 AM EDT

A closely watched survey is showing that the eurozone economy, made up of the 19 countries that use the euro currency, has ended the third quarter on a strong note, in a development that further reinforces hopes about the state of the region's recovery


Multimedia
A district summary of the Beige Book
Measuring economic stress by county nationwide
Mall malaise: shoppers browse, but don't buy
Unemployment by the numbers
Family struggles with father's unemployment
Saying an affordable goodbye
Hard times hit small car dealer
Latest Economic News
A closely watched survey is showing that the eurozone economy, made up of the 19 countries that use the euro currency, has ended the third quarter on a strong note, in a development that further reinforces hopes about the state of the region's recovery

An international credit rating agency says Egypt's economy has started to improve but has yet to recover from the 2011 uprising and the years of unrest that followed

The Organisation for Economic Co-operation and Development has upgraded its economic growth forecasts for the 19-country eurozone following a run of upbeat news

Retail sales in Britain rose strongly during August, easing concerns about the scale of the inflation-led consumer slowdown

Official figures show that retail sales in Britain during August rose strongly and for the third month running, a development that is likely to ease concerns about the scale of the inflation-led consumer slowdown

Portugal's stock market is rising and its borrowing rates are falling after the country recovered its investment-grade rating from Standard & Poor's

Irma a reminder of vulnerabilities for people moving to Florida and economy they've sustained

An environmental activist who acknowledges dumping blue paint over Wall Street's iconic "Charging Bull" statue has been arrested

US retail sales dipped 0.2 pct. in August as auto sales fell

Norwegian Prime Minister Erna Solberg says her foreign minister will become the new president of the World Economic Forum but will not immediately resign as head of Norway's diplomacy

Interactives
Greece's Debt Threatens to Spread
State budget
gaps map
Auto industry problems trickle down, punish Tennessee county
Women give old Derby hats a makeover in tough economy
S.C. town deals with highest unemployment in South
How mortgages were bundled and sold as securities
Tracking the $700 billion financial bailout
Tracking the year's job losses
State-by-state foreclosures since 2007
Credit crisis explained
Presidents and their economic legacies
Lexicon of the financial crisis
Americans' addiction to debt

LONDON (AP) -- A closely watched survey is showing that the eurozone economy, made up of the 19 countries that use the euro currency, has ended the third quarter on a strong note, in a development that further reinforces hopes about the state of the region's recovery.

Financial information company IHS Markit says Friday that its main gauge of the eurozone's business activity - the so-called purchasing managers' index - jumped to a four-month high of 56.7 in September, a whole point above the previous months' rate.

The firm's chief business economist Chris Williamson says that points to a high quarterly economic growth of 0.7 percent, "with accelerating momentum boding well for a buoyant end to the year."

However, he said the stronger euro was cited as a source of concern for manufacturers.

© 2017 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Learn more about our Privacy Policy and Terms of Use.