3M Co. MMM, +0.36% said Tuesday it will take mostly non-cash charges of $1.3 billion to $2.3 billion to exit its business manufacturing fluoropolymers, fluorinated fluids, and PFAS-based additive products Read more
Tag: Manufacturing
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
Philadelphia Fed’s manufacturing gauge sinks further in November
The numbers: The Philadelphia Federal Reserve said Thursday that its gauge of regional business activity sank to negative 19.4 in November from negative 8.7 in the prior month. Any reading Read more
U.S. manufacturing sector losing steam
The numbers: U.S. industrial production fell 0.1% in October, the Federal Reserve reported Wednesday. The gain was below Wall Street expectations of a 0.1% gain, according to a survey by Read more
New York Empire State factory gauge edges higher in November
The numbers: The New York Federal Reserve’s Empire State business conditions index, a gauge of manufacturing activity in the state, rose 13.6 points to 4.5 in November, the regional Fed Read more
Manufacturing hub Guangzhou is latest Chinese city to face lockdowns as COVID cases rise
The southern Chinese manufacturing hub of Guangzhou is the latest to see lockdowns amid a surge in COVID-19 cases, as the government presses ahead with the strict zero-COVID policy that Read more
Manufacturing hub Guangzhou is latest Chinese city to face lockdowns as COVID cases rise
The southern Chinese manufacturing hub of Guangzhou is the latest to see lockdowns amid a surge in COVID-19 cases, as the government presses ahead with the strict zero-COVID policy that Read more
Coronavirus tally: Chinese manufacturing hub Guangzhou latest to see lockdowns as COVID cases spread
The southern Chinese manufacturing hub Guangzhou is the latest to see lockdowns amid a surge in COVID cases, adding to financial pressure that has disrupted global supply chains and sharply Read more
U.S. factory orders rise in September, belying concerns of manufacturing slowdown
Orders for manufactured goods rose 0.3% in September, the Commerce Department said Thursday. The gain was in line with the median forecast of economists surveyed by the Wall Street Journal. Read more
U.S. manufacturing barely expands in October, ISM says
The numbers: A closely-watched index that measures U.S. manufacturing activity fell 0.7 percentage points to 50.2 in October, according to the Institute for Supply Management on Tuesday. Economists surveyed by Read more