Category: manufacturing sector

US Flash PMI Rises in April, Inflationary Pressures Weigh Down on Businesses

April 23, 2022
Business & Economyeconomyhigh inflationinflationmanufacturing sectorPMI Composite Output indexS&P GlobalUSUS News
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Private sector output rose in the United States in April while companies shifted the burden of surging costs and higher wages onto customers, according to S&P. The S&P Global Flash U.S. Manufacturing Purchasing Managers Index (PMI) rose slightly to 59.7 in April from 58.8 in March, which signaled a “marked improvement” in operating conditions in the…

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Orders for US Factory Goods Increase 1.6 Percent: Census Report

January 7, 2022
Business & EconomyeconomyManufacturing Activitymanufacturing outputmanufacturing sectorUS
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New orders for U.S.-manufactured goods in November increased by about 1.6 percent to $532 billion, maintaining the streak which has been positive for the last 18 out of 19 months, although there was a decline in mining and oil field machinery, along with turbines, generators and other power transmission equipment. The latest numbers followed an…

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