Economic 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 […]
Read More