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Tue Oct 29, 2013, 06:16 AM

Economic recovery in US losing momentum

US manufacturing output barely rose in September and contracts to buy previously owned homes recorded their largest drop in nearly three and a half years, the latest signs the economy’s momentum ebbed as the third quarter ended.

The reports yesterday showed economic activity was on weak footing even before a 16-day partial shutdown of the US federal government early in October that is expected to weigh on fourth quarter growth...

... Manufacturing production edged up 0.1 per cent last month after advancing 0.5 per cent in August, the Federal Reserve said.

Factory output was held back by a 0.5 per cent drop in computer and electronic goods production. Output of electrical appliances also fell.

While automobile output increased 2.0 per cent, that was a sharp slowdown from the 5.2 per cent rise logged in August...

/... http://www.yorkshirepost.co.uk/business/business-news/economic-recovery-in-us-losing-momentum-1-6192924

[div]... Every Yorkshireman knows that there is no greater place on Earth to be, but the White Rose county has been singled out by independent travel experts as being among the very top places in the world to visit next year.

Yorkshire is the third best region in the world to visit in 2014, according to travel guide company Lonely Planet...

... “Recently this rough-around-the-edges gentleman of the north has kicked away the walking cane. Bradford has become the world’s first Unesco City of Film, fashion-thirsty Leeds has cut the ribbon on an ambitious retail development at a time when malls elsewhere in the UK are stalling, a new state-of-the-art gallery in Wakefield is giving London a run for its money, and Yorkshire now has more Michelin-starred restaurants than any other county outside London. In 2014, this welcoming region of rugged moorlands, heritage homes and cosy pubs will be able to hold its head even higher when the Tour de France begins its grand départ from Leeds.”

In a list of the top ten regions around the globe, Yorkshire was placed only below the hotly-tipped and up-and-coming mountainous area of Sikkim in India and the beautiful barren landscape of The Kimberley on the Western Australian coast.

‘God’s Own County’ pipped other exotic locations in the list, including the top locations in Japan, New Zealand and Spain, as well as some well-established, travel itinerary musts such as Victoria Falls in southern Africa and Texas, the second largest state in the USA...

http://www.yorkshirepost.co.uk/news/main-topics/general-news/lonely-planet-yorkshire-in-top-three-of-world-travel-list-1-6191668 [/center]

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