Search results
Results from the WOW.Com Content Network
Government data last week showed manufacturing contracted at a 4.3% annualized rate in the first quarter, with most of the decline coming from long-lasting manufactured goods.
Government data on Thursday showed manufacturing output rose at an annualized rate of 0.9% in the fourth quarter. It grew 1.6% in 2023 compared to 0.8% in 2022.
The S&P 500 chugged to a record high last week as new inflation data signaled good news about the Federal Reserve's rate cut plans.For the week, the Nasdaq Composite rose more than 2.5%, while the ...
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.
A PMI reading below 50 indicates contraction in the manufacturing sector, which accounts for 10.3% of the economy. US manufacturing drops to 15-month low amid higher input prices: ISM Skip to main ...
Manufacturing is a vital economic sector in the United States of America. [1] The United States is the world's second-largest manufacturer after the People's Republic of China with a record high real output in 2021 of $2.5 trillion. [2] As of December 2016, the U.S. manufacturing industry employed 12.35 million people.
Nondurable manufacturing output rose 0.7% amid broad gains. Mining output advanced 1.8% after falling 0.5% in November. Utilities production rose 2.1%, driven by a 6.2% increase in natural gas ...
New manufacturing data casts a shadow on the very positive final week of June — but, like many things, it's complicated. The tricky story behind a US manufacturing downturn: Morning Brief [Video ...