Commentary Decoupling. Derisking. Strategic competition. Call it what you will, but politics, public policy, and many private sector actors have shifted decisively away from deepening economic engagement with China. We’ve seen some significant executive actions from the White House, a new Congressional committee, and heaps of rhetoric and analysis from the punditry all directed at…
US Manufacturing Activity Declines for First Time Since Pandemic
December 2, 2022
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American manufacturingBusiness & MarketseconomyISM Manufacturing IndexManufacturing ActivityrecessionUS
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Manufacturing activity in the United States, as measured by the Institute for Supply Management (ISM), declined in November for the first time in two and a half years. ISM’s November Manufacturing PMI came in at 49 percent, which is 1.2 percentage points lower than the 50.2 percent registered in October, according to a recent ISM…
US Manufacturing Sees ‘Steepest Downturn’ Since 2008–09 Financial Crisis: S&P Global PMI
September 2, 2022
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American manufacturingBusiness & MarketsChina tariffseconomyInvestmentmanufacturing PMIS&P Global Market IntelligenceUSUS News
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U.S. manufacturing declined last month amid a loss of new orders, signaling troubling times for the sector, according to latest data from S&P Global. The seasonally adjusted S&P Global U.S. Manufacturing Purchasing Managers Index (PMI) fell to 51.5 in August from 52.2 in July. This is the lowest level since July 2020, stated a news release on…
Headwinds Hit US Manufacturing as Demand Cools, While New Orders and Employment Drop
July 2, 2022
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American manufacturingBusiness & MarketsCompanieseconomyinflationMarketsproduct ordersrecessionUSUS economy
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U.S. manufacturing activity fell in June, but more than expected, as new orders contracted for the first time in two years, according to a survey from the Institute for Supply Management (ISM). ISM’s manufacturing figures dropped to 53.0 in June from 56.1 in May, the weakest results since June 2020, but the ISM index is…
US Manufacturing Slows Down, Leading Economic Index Falls for Third Straight Month
June 18, 2022
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American manufacturingBusiness & MarketseconomyinflationLeading Economic Indexmanufacturing outputU.S. interest rate hikesUS
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Manufacturing output in the United States declined in May after three months of averaging almost 1 percent growth, according to the latest data by the U.S. Federal Reserve. “Manufacturing output slipped 0.1 percent in May; even so, the index has advanced 4.8 percent over the past 12 months. In May, the index for nondurable manufacturing…
US Factory Output Surges to Highest Gain in 4 Months
Production at American factories accelerated in February 2022, indicating strength in the domestic manufacturing sector that has been rattled with high costs and persistent supply chain issues. Manufacturing output rose by 1.2 percent after remaining almost flat for the previous two months. This is the highest monthly gain in four months. In October, the index…
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