WASHINGTON—Production at U.S. factories unexpectedly fell in September as motor vehicle output slumped amid an ongoing global shortage of semiconductors. Manufacturing output dropped 0.7 percent last month, the Federal Reserve said on Monday. Data for August was revised down to show production falling 0.4 percent instead of rising 0.2 percent as previously reported. Economists polled…
Chip Shortages, Hurricane Ida Depress US Manufacturing Production
October 18, 2021
admin
Business & EconomychipCompaniesDeclinesEconomieseconomyHurricaneIdamanufacturingoutputseptembershortagesUSUS News
0 Comment
WASHINGTON—Production at U.S. factories fell by the most in seven months in September as an ongoing global shortage of semiconductors depressed motor vehicle output, further evidence that supply constraints were hampering economic growth. Manufacturing production last month was also depressed by the lingering effects of Hurricane Ida, which also severely disrupted output at mines. The…
European New Car Sales Down in September: ACEA
BERLIN—European car registrations slumped more than 25 percent in September due to a lack of supply of vehicles due to the ongoing semiconductor shortage, industry data showed on Friday. New passenger car registrations fell 25.2 percent in the European Union, Britain, and the countries of the European Free Trade Association (EFTA) compared to last year,…
Tesla Sold Record 56,006 China-Made Vehicles in September: CPCA
October 12, 2021
admin
Business & EconomyChinaChina Business & EconomyCompaniesCPCAEconomieseconomyseptemberteslaUSUS Newsvehicles
0 Comment
BEIJING—U.S. electric vehicle (EV) maker Tesla Inc. sold 56,006 China-made vehicles in September, the highest since it started production in Shanghai about two years ago, data from the China Passenger Car Association (CPCA) showed on Tuesday. The September sales included 3,853 that were exported, the data showed. Tesla, which is making Model 3 sedans and…
Japanese Automakers’ China Car Sales Tumble in September
October 11, 2021
admin
Asia & PacificautomakersBusiness & EconomycarChinaChina Business & EconomyCompaniesEconomiesJapanesesalesseptemberWorld
0 Comment
BEIJING—Japanese automakers Honda Motor Co. Ltd, Nissan Motor Co. Ltd, and Toyota Motor Corp. saw their sales in China tumble in September as a chip shortage hit vehicle production in the world’s biggest car market. Honda said it sold 121,448 vehicles in China last month, down 28 percent from a year earlier due to the…
4 Stand-Out Points in the September Jobs Report
For a second straight month, U.S. job growth proved to be bitterly disappointing in September, coming in more than 300,000 jobs short of what many economists had penciled in. That’s after August’s report initially came in almost half a million jobs below economists’ consensus estimate. But the 41-page Bureau of Labor Statistics report (pdf) features a…
Wall Street Mixed After September Jobs Miss
October 8, 2021
admin
Business & EconomyCompaniesEconomieseconomyExecutive BranchInvestmentjobsLocal NewsMarket WatchMarketsMedia & Big TechmissNew YorkNY NewsPoliticsRegional-Local NewsseptemberUSUS NewsWall Street
0 Comment
U.S. stocks oscillated between gains and losses on Friday after data showed U.S. jobs rose far less than expected in September, but not slow enough to throw the Federal Reserve off its presumed course of tapering asset purchases this year. Six of the 11 major S&P sectors declined, with defensive real estate, healthcare, and utilities…
Japan Wholesale Inflation Likely Hit 13-year High in September on Rising Commodity Costs: Poll
October 8, 2021
admin
Asia & PacificBusiness & EconomycommodityCompaniesEconomiesinflationJapanpollseptemberwholesaleWorld
0 Comment
TOKYO—Japan’s wholesale prices likely hit a 13-year high in September, buoyed by lofty commodity prices, while firms’ machinery orders are expected to have risen for the second straight month in August, a Reuters poll showed on Friday. The corporate goods price index (CGPI), which tracks the prices companies charge one another for their goods, likely…
Futures Hold Steady Ahead of September Jobs Data
October 8, 2021
admin
Business & EconomyCompaniesEconomieseconomyfuturesInvestmentjobsLocal NewsMarket WatchMarketsMedia & Big TechNew YorkNY NewsRegional-Local NewsseptembersteadyUSUS News
0 Comment
U.S. stock index futures were largely flat on Friday ahead of September jobs data that is likely to set off the Federal Reserve’s withdrawal of its policy support later this year. Wall Street rallied on Thursday, led by mega-cap technology stocks as the U.S. Senate approved legislation to temporarily raise the federal government’s $28.4 trillion…
Analysts See Ukrainian Inflation Rising Further in September
KYIV—Ukrainian inflation probably accelerated further in September, fuelled by rocketing gas prices on external markets, but it may slow down by the end of 2021 thanks to government and central bank measures, a Reuters monthly poll showed on Thursday. According to the median forecast of Ukrainian analysts, September inflation reached 10.7 percent year-on-year from 10.2 percent…
US News
RSS Error: A feed could not be found at `https://www.theepochtimes.com/c-us/feed`; the status code is `200` and content-type is `text/html; charset=utf-8`