The numbers: A closely-watched index that measures U.S. manufacturing activity slipped to 48.4 in December from 49 in the prior month, according to the Institute for Supply Management on Wednesday. Read more
Tag: Activity
ISM shows weakness in factory activity spreading in December
The numbers: A closely-watched index that measures U.S. manufacturing activity slipped to 48.4 in December from 49 in the prior month, according to the Institute for Supply Management on Wednesday. Read more
Chicago factory activity falls deeper into contraction territory in November
The Chicago Business Barometer, also known as the Chicago PMI, plummeted to 37.2 in November from 45.2 in the prior month. This is the lowest level since the pandemic hit in early 2020. Read more
Eurozone economic activity contracted for fifth straight month in November, PMIs signal
November saw business activity fall across the eurozone for the fifth consecutive month, adding to fears of a recession, the latest flash purchasing managers indexes showed. The S&P Global eurozone Read more
China’s factory, construction, service activity slump in fresh sign of economic weakness
China’s official gauges measuring factory, construction and service activities all tumbled into contraction territory in October, signaling fresh signs of weakness in the world’s second-largest economy. The official manufacturing purchasing Read more
New York factory activity stumbles in October
The numbers: The New York Fed’s Empire State business conditions index, a gauge of manufacturing activity in the state, fell 7.6 points to negative 9.1 in October, the regional Fed Read more
New York factory activity stumbles in October
The numbers: The New York Fed’s Empire State business conditions index, a gauge of manufacturing activity in the state, fell 7.6 points to negative 9.1 in October, the regional Fed Read more
Kansas City Fed says cannabis has boosted economic activity in the 10th Federal Reserve District
Cannabis has benefited economic activity in the 10th Federal Reserve District by increasing commercial real-estate demand, creating jobs and generating tax revenue, the Federal Reserve Bank of Kansas City said Read more
Kansas City Fed says cannabis has boosted economic activity in the 10th Federal Reserve District
Cannabis has benefited economic activity in the 10th Federal Reserve District by increasing commercial real-estate demand, creating jobs and generating tax revenue, the Federal Reserve Bank of Kansas City said Read more
“An economy struggling in a stagflationary environment”, says S&P Global on U.S. business activity
The numbers: U.S. companies said business activity perked up in September largely because of an increase in new customer orders, but high inflation and lingering supply shortages posed obstacles to Read more
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