The China Post
Date: December 31, 2016
By: CNA

TAIPEI — The local manufacturing sector flashed a yellow-blue light in November for the second consecutive month, improving from a blue light recorded in September, on the back of a recovery in global demand, the Taiwan Institute of Economic Research (TIER) said Friday.

The TIER, one of the country’s leading economic think tanks, uses a five-color system to describe economic activity, with red indicating overheating, yellow-red showing fast growth, green representing stable growth, yellow-blue signaling sluggish growth and blue indicating contraction.

According to the TIER, the composite index of the local manufacturing sector for November stood at 11.80 points, up from 11.05 recorded in October. The think tank has also revised upward the index for October from a previous reading of 10.45 points.

An index ranging between 10.5 points and 13 points flashes a yellow-blue light, while a blue light points to an index below 10.5 points, the TIER said.    [FULL  STORY]