Category: manufacturing sector

US Flash PMI Rises in April, Inflationary Pressures Weigh Down on Businesses

Private sector output rose in the United States in April while companies shifted the burden of surging costs and higher wages onto customers, according to S&P. The S&P Global Flash U.S. Manufacturing Purchasing Managers Index (PMI) rose slightly to 59.7 in April from 58.8 in March, which signaled a “marked improvement” in operating conditions in the…


Orders for US Factory Goods Increase 1.6 Percent: Census Report

New orders for U.S.-manufactured goods in November increased by about 1.6 percent to $532 billion, maintaining the streak which has been positive for the last 18 out of 19 months, although there was a decline in mining and oil field machinery, along with turbines, generators and other power transmission equipment. The latest numbers followed an…