Tag Archives: Manufacturing

The business activity in the US manufacturing sector grew at its strongest pace since 1983 with the ISM Manufacturing PMI rising to 64.7 in March from 60.8. This reading came in better than the market expectation of 61.3.

The UK manufacturing sector activity quickened its pace of expansion in the month of March, the final report from IHS Markit confirmed on Thursday. The seasonally adjusted IHS Markit/CIPS UK Manufacturing Purchasing Managers’ Index (PMI) was revised higher to 58.9 in March versus 57.9 expected and 57.9 first readout.

The manufacturing activity in Texas expanded during March, reaching its best reading on record, according to the data of the Texas Manufacturing Outlook Survey, which started 17 years ago. The production index rose to 48.0 this month, up from 19.9 in February, data by the Federal Reserve Bank of Dallas …

Official data revealed today that the British government borrowed 19.1 billion pounds last month, less than the expectation in a poll conducted by Reuters to borrow 21 billion pounds (29.2 billion dollars), bringing borrowing in the first 11 months of the financial year to nearly 279 billion pounds.

The headline General Business Conditions Index of the NY Fed’s Empire State Manufacturing Survey rose to 17.4 in March from 12.5 in February, the NY Fed’s report revealed on Friday. This reading came in better than analysts’ estimate of 14.5.

Manufacturing Sales in Canada rose by 3.1% in January to $56.2 billion, the data published by Statistics Canada revealed on Monday. This reading followed February’s increase of 0.9% and came in better than the market expectation of 2.5%.

The Office for National Statistics (ONS) published the UK industrial and manufacturing production data on Friday, suggesting that Britain’s industrial sector is facing a hard time amid the covid-induced lockdowns. Manufacturing output arrived at 2.3% MoM in January versus -0.8% expectations and 0.3% booked in December while total industrial output came in …

The manufacturing activity in the United States expanded last month to its best level in about three tears, as the American economy is recovering from the Coronavirus pandemic by recording its ninth consecutive month of growth. The February manufacturing purchasing managers index (PMI) increased by 2.1% in February to a …

The UK manufacturing sector activity expanded at a faster pace than expected in the month of February. Today’s survey showed that British factories recorded the slowest rate of production growth since May in February, as supply chain disruptions and rising costs linked to Britain’s withdrawal from the European Union and Covid-19 …

Manufacturing activity in the United States continued to improve in February, as the economy recovers from the negative impacts of the Coronavirus pandemic. The composite manufacturing index of the Federal Reserve Bank of Richmond remained stable at 14 in February, maintaining its January reading, data showed on Tuesday. The three …