China’s manufacturing holds steady, rebound leveling off
May 31, 2021 GMTBEIJING (AP) — China’s manufacturing held steady in May, a survey showed Monday, adding to signs a post-pandemic rebound is leveling off.
A monthly purchasing managers’ index issued by an industry group and the national statistics agency stood at 51 on a 50-point scale on which numbers above 50 show activity increasing.
US factory activity expands at fastest pace since 1983
April 1, 2021 GMTWASHINGTON (AP) — U.S. manufacturers expanded in March at the fastest pace in 37 years, a sign of strengthening demand as the pandemic wanes and government emergency aid flows through the economy. ...
Pace of US factory growth slipped in March
April 2, 2018 GMTWASHINGTON (AP) — U.S. manufacturers say they expanded at a slower pace in March, with many factories saying they're having a tough time getting supplies in order to meet demand from customers.
The Institute for Supply Management, a trade group of purchasing managers, reported Monday that its manufacturing index slipped to 59.3 last month from February's reading of 60.8, which had been the highest since 2004.
US factory activity shrinks for first time in 6 months
September 1, 2016 GMTWASHINGTON (AP) — U.S. manufacturing contracted last month for the first time since February, as new orders and output plummeted and factories cut jobs.
The Institute for Supply Management said Thursday that its manufacturing index dropped to 49...