After surging to two-year highs in October, the US and Eurozone manufacturing numbers for November dipped slightly with Germany and Italy also following the pattern. China was the exception as the Caixin PMI registered 54.9 to hit a new series high.
Read MoreEconomic activity in the manufacturing sector grew in October, with the overall US economy notching a sixth consecutive month of growth, say the nation’s supply executives in the latest Manufacturing ISM® Report On Business® ISM reported a US manufacturing PMI of 59.3 percent, up 3.9 percentage points from the September reading of 55.4 percent and the highest since September 2018 (59.3 […]
Read MoreAccording to this morning’s US Department of Labor report, states saw an additional 898,000 Americans file first-time unemployment insurance claims last week. That represents an increase of 53,000 from the previous week. The increase broke a four-week trend of decreases for the number of new claims. The largest increases in initial claims for the week […]
Read MoreWhile Euro Area manufacturing had a strong performance in September with a PMI reading 53.7 percent, German manufacturers led the charge with a 4.2 percent increase over August to hit a IHS Markit/BME reported figure of 56.4 percent. That represented the best expansion in the sector since July 2018 while the new order growth figure […]
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