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New data from S&P Global out Friday showed its manufacturing PMI increased to 50.1 in January, up from 49.4 in December and marking a seven-month high for the index. Readings above 50 indicate ...
Government data last month showed manufacturing growing at a 3.2% annualized rate in the third quarter and contributing to the economy's 3.1% pace of expansion during that period.
The U.S. manufacturing sector showed signs of improvement in November, yet it failed to avoid another month of contractionary conditions. The Manufacturing Purchasing Managers’ Index (PMI) rose ...
Manufacturing output recovered from the Great Recession, reaching an all-time high in 2021, but manufacturing employment has been declining since the 1990s, giving rise to what is known as a "jobless recovery," which made job creation or preservation in the manufacturing sector an important topic in the 2016 United States presidential election.
U.S. manufacturing output surged in December likely as production at Boeing picked up following the end of a crippling strike by factory workers at the aerospace giant. Factory output increased 0. ...
The ISM's manufacturing PMI registered a reading of 50.3 in March, up from February's reading of 47.8 and higher than the 48.3 economists expected, according to Bloomberg data.
The Reshoring Initiative, which tracks the relocation of manufacturing from overseas sites to domestic ones, says companies have announced 406,000 new manufacturing jobs at domestic sites for 2023 ...
Declines in the US manufacturing sector appear to have bottomed in a positive sign for the economy.. On Thursday, the January ISM Manufacturing PMI index registered a reading of 49.1 percent, up ...