Business conditions for Korea's manufacturers aren't looking so rosy these days.<br />Global research firm Markit Economics says Korea's purchasers' management index came to 47-point-six in July.<br />That's only a slight pick up from last month,... when the index marked its lowest figure since September 2012.<br />A figure below 50 means the manufacturing sector is contracting.<br />Markit says Korea's manufacturing output has been on the decline because of fewer new orders,... which in turn lowered employment in the sector.<br />Korea ranked 24th among 28 countries surveyed,... followed by Thailand, Indonesia, Greece and Brazil.
