Tag Archives: Manufacturing

Manufacturing output in the United States grew by 0.8% in November, according to data by the Federal Reserve on Tuesday. The October reading was revised up to a 1.1% increase, up from a previously estimates 1%. The increase is largely thanks to the surge in the production of motor vehicles …

The ISM’s Manufacturing PMI in November declined to 57.5 in November from 59.3 and fell short of analysts’ estimate of 58.

Factory activity in the state of Texas expanded during November for the sixth consecutive month, according to data by the Federal Reserve Bank of Dallas. The production index declined from 25.5 to 7.2, indicating a deceleration in output growth. Other measures of manufacturing activity also point to slower growth this …

According to the preliminary report from IHS/Markit research, Eurozone business activity fell sharply in November as countries introduced more aggressive measures. In fact, the Eurozone manufacturing purchasing managers index (PMI) fell to a three-month low level of 53.6 during the reported month, down from 548 in October. Adding to this, …

Manufacturing activity in the United States slowed during the month of November compared to its expansion pace in October, according to data by the Federal Reserve Bank of Kansas City. The Bank’s monthly report showed that its Manufacturing Survey’s composite index registered 11 in November, down from a reading of …

The headline General Business Conditions Index of the NY Fed’s Empire State Manufacturing Survey fell to 6.3 in November from 10.5 in October, the NY Fed’s report revealed on Monday. This reading missed analysts’ estimate of 13.5 by a wide margin.

Business activity fell back into decline across the Eurozone in October as accelerating growth of manufacturing output was overwhelmed by a steepening deterioration in the service sector amid rising COVID-19 worries. In fact, the Eurozone manufacturing purchasing managers index (PMI) jumped to a 26-month high level of 54.4 during the …

A survey on Friday showed that Eurozone economic activities slipped back into decline this month with renewed restrictions to control the coronavirus pandemic, forcing many companies in the region’s dominant service sector to limit operations. A second wave of the virus swept across Europe, and 90% of economists polled by …

Manufacturing Sales in Canada declined by 2% to $52.4 billion in August, the data published by Statistics Canada revealed on Friday. This reading followed July’s impressive increase of 7.2% and came in worse than the market expectation for a fall of 1.4%. “Excluding transportation equipment, manufacturing sales rose 1.1%,” Statistics …

The headline General Business Conditions Index of the NY Fed’s Empire State Manufacturing Survey declined to 10.5 in October from 17 in September. This reading missed analysts’ estimate of 15. “36% of respondents reported that conditions had improved over the month, while 25% reported that conditions had worsened.” “The new …