US manufacturing extends slump; inflation pressures ebbing
WEBJul 1, 2024 · The ISM's manufacturing PMI slipped to 48.5 last month from 48.7 in May. A PMI reading above 50 indicates growth in the manufacturing sector, which accounts for 10.3% of the economy.
US manufacturing slump deepens, factory gate price pressures …
WEBJul 4, 2023 · WASHINGTON, July 3 (Reuters) - U.S. manufacturing slumped further in June, reaching levels last seen when the nation was reeling from the initial wave of the COVID-19 pandemic, but price...
US manufacturing extends slump; inflation pressures easing
WEBJul 1, 2024 · The Fed has hiked its policy rate by 525 basis points since 2022 to quell inflation. The ISM survey's forward-looking new orders sub-index rose to a still-subdued 49.3 reading from 45.4 in May ...
U.S. manufacturing extends slump in June - ISM survey - Yahoo Finance
WEBJul 3, 2023 · U.S. manufacturing slumped further in June, reaching levels last seen when the economy was reeling from the initial wave of the COVID-19 pandemic, according to a survey on Monday that also...
US manufacturing extends slump; inflation pressures easing - AOL
WEBJul 1, 2024 · WASHINGTON (Reuters) -U.S. manufacturing contracted for a third straight month in June as demand remained subdued, while a drop in a measure of prices paid by factories for inputs to a...
US Manufacturing Extends Its Slump - Investopedia
WEBApr 3, 2023 · US Manufacturing Extends Its Slump. The ISM Manufacturing PMI fell for the fifth straight month to its lowest level since May of 2020 as demand slowed. By. Bill McColl. Published April...
US manufacturing extends slump; inflation pressures easing
WEBJul 1, 2024 · WASHINGTON (Reuters) -U.S. manufacturing contracted for a third straight month in June as demand remained subdued, while a drop in a measure of prices paid by factories for inputs to a...
US manufacturing slump deepens, factory gate price pressures …
WEBJul 3, 2023 · U.S. manufacturing slumped further in June, reaching levels last seen when the nation was reeling from the initial wave of the COVID-19 pandemic, but price pressures at the factory gate continued...
U.S. manufacturers still in a slump, ISM shows, but ... - MarketWatch
WEBJun 1, 2023 · Key details: The index of new orders fell 3.1 points to 42.6%, just a tick above the post-pandemic low. Demand remained at a level associated with a recession. “New orders define the future, and ...
US manufacturing contraction deepens in June - Voice of America
WEBJul 1, 2024 · U.S. manufacturing activity edged lower in June, deepening a recent slump on continued weak demand, according to industry survey data published Monday. The Institute for Supply Management's...