The Institute for Supply Management's (ISM) manufacturing purchasing managers index (PMI) came in at 48.7 in August. In August, U.S. manufacturing activity contracted at a slightly slower rate, with ...
OTTAWA (Reuters) -Canada's manufacturing sector contracted in August, clocking seven monthly reductions in a row, as manufacturers grappled with low export demand due to U.S. tariffs, along with ...
US factory activity shrank in August for a sixth straight month, driven by a pullback in production that shows manufacturing remains bogged down by higher import duties. The Institute for Supply ...
The UK economy flatlined in July after the manufacturing sector saw the biggest contraction for a year. The Office for National Statistics (ONS) said there was zero growth in gross domestic product ...
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Economist Mohamed El-Erian warned of "significant challenges" for Xi Jinping's growth model after ...
China’s car sector has been at the centre of President Xi Jinping’s push against price wars, with officials blaming steep discounts, known locally as neijuan or “involution”, for contributing to ...
Although recent vaccine approvals have raised hopes of a turnaround in the pandemic later this year, renewed waves and new variants of the virus pose concerns for the outlook. Amid exceptional ...
The US manufacturing sector continued its sluggish year in August. Data out Tuesday from the Institute for Supply Management showed the ISM's manufacturing PMI came in at 48.7 last month, an increase ...
Hiring in the US health care sector is looking increasingly shaky, raising a warning flag for the economy given its importance as a key driver of job growth over the last three years. Health care and ...
Global growth is projected at –4.9 percent in 2020, 1.9 percentage points below the April 2020 World Economic Outlook (WEO) forecast. The COVID-19 pandemic has had a more negative impact on activity ...
I maintain my buy rating on Hon Hai, even though its recent monthly sales failed to meet the market's expectations. The smartphone segment, a letdown in August, is likely to make a turnaround on the ...