manufacturing data

Economic activity in the manufacturing sector fell for the fifth month in a row in March, according to the latest Manufacturing Institute of Supply Management (ISM) Report On Business released Monday.  The March Manufacturing PMI came in at 46.3, the lowest since May 2020, down from 47.7...

Good day, The large-scale closure of restaurants, factories, storefronts and mines has hit the U.S. economy severely, as people reduced their retail spending by a seasonally adjusted 8.7% in March month-on-month, making it the biggest decline in records going back to 1992. Sales at clothing stores...

A survey by the powerful Confederation of British Industry (CBI) indicates continuing weakness in the U.K. manufacturing sector in December, with exports taking a heavy hit, primarily driven by the weakness in motor vehicle production. Participants anticipated that output will fall at a slower pace...

After Tuesday’s weak manufacturing data dropped the major U.S. indices by more than a percentage point two days in a row, investors are keyed into what’s to come: today’s PMI Services and tomorrow’s Employment Situation. All 11 sectors in the S&P 500 were down yesterday...

Sometimes investors can find a sector to hide in when stocks take it on the chin. Not on Wednesday, as concerns about overseas economic weakness and trade wars ganged up on the market and took everything down with them. Cyclical sectors that tend to fall in times of economic concern got slammed,...

Stocks sagged Tuesday on disappointing manufacturing data as economists began to worry the United States may be joining Europe and Asia in an industrial slowdown that new figures showed is continuing. The Institute for Supply Management said Tuesday that its U.S. Purchasing Managers Index...

U.S. production rebounded in January after a weak December, led by a sizable rise in new orders, the Institute for Supply Management (ISM) said today in releasing its monthly report on manufacturing activity. In addition, in a sign of receding inflation at the raw materials level, the "Prices...

Apple Inc's (NASDAQ: AAPL) manufacturing partner Foxconn Technology Group, which assembles Apple's iPhone product in China, announced on Saturday that it has raised over $213 million for what it described as a "mega-development" in India. According to Bloomberg, the...

The nation's three major parcel delivery carriers posted stellar peak-season performances, aided by perhaps the strongest collaborative effort from their customers since e-commerce became a staple of holiday shopping and shipping, according to data from ShipMatrix, a unit of consultancy SJ...

Good day,  U.S. equity futures tumbled and stocks slumped across Europe and Asia after evidence of slowing Chinese growth dashed investor hopes for an upbeat start to 2019. Safe havens including gold, bonds and the yen all rallied, according to Bloomberg. The disappointing numbers out of the...

Survey data from the manufacturing and service sectors continue to point towards robust growth in the 3rd quarter. Manufacturing activity slipped slightly from multi year highs during the month, but service activity has pushed to record highs despite concerns over labor shortages and the lack of...

Monday's economic data was mixed, leaving market participants focused on the key unemployment report coming Friday. Income And Spending Up Personal income and spending both rose in August. Personal income rose 0.3 percent, while spending surged up 0.5 percent. The Personal Consumption...