patrick.net

November was the fifth month in a row of slowing economic growth. Both output and new business growth declined in November which had the weakest showing since last April. However, companies are paying their employees more and confidence is growing in spite of sagging manufacturing and services price data, according to Markit Economics Limited.

That is called 'mal-investment' and is symptomatic of a decaying economy. As Ludwig Von Mises observes,

”The essence of a credit-expansion boom is not overinvestment, but investment in wrong lines, i.e., malinvestment. [..] What is needed for a sound expansion of production is additional capital goods, not money or fiduciary media. The credit boom is built on the sands of banknotes and deposits. It must collapse.”

It must collapse... and it will.

http://www.globaldeflationnews.com/purchasing-managers-index-pmi-weakens-pointing-to-slower-economic-growth/