Afternoon Coffee: Chinese, Eurozone Economies Fall In September, Trucking Industry Slows in August

China’s factory activity has hit its lowest level in more than 6 years. The Purchasing Managers’ Index registered at 47 in September, the lowest since March 2009. The report also helped push down oil prices today.

The eurozone economy slowed in September as well, according to Markit’s Purchasing Managers’ Index, which dropped to 53.9 points from the 54.3 points in August. Despite the fall in September, the eurozone had its best third quarter in 4 years.

The US trucking industry hauled a lower amount of freight in August than during the busy month of July, a new report from the American Trucking Associations showed. Another report stated the trucking industry is having a hard time finding tech-savvy workers to fill open technician positions.

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