Factory Growth

The slowdown in manufacturing followed moderate consumer spending growth in May along with weak housing starts, building permits and factory production

US manufacturing activity slowest in more than 1.5 years as workers quit

The ISM's index of national factory activity fell to a reading of 55.4 last month, the lowest since a matching reading in September 2020, from 57.1 in March. The last time the index was lower was in July 2020

India November factory growth hits 10-month high on strong demand: PMI

An easing of COVID-19 restrictions drove demand and boosted sales, indicating the economy was on the path to normalization.

India's manufacturing PMI rises to 55.9 in October

India’s manufacturing PMI stood at 55.9 in October, up from 53.7 in September and 52.3 in August.

India's manufacturing PMI recovers slightly in September even as pace of growth remains muted

Manufacturing activity continued expanding at a slow pace in September at 53.7 after hitting a slowdown bump in August (52.3), but output remained much lower than the early months of 2021.

India's manufacturing PMI at 10-month low in May as new orders dwindle

After falling to a 7-month low in March, manufacturing PMI had improved slightly in April. But as production tumbled in May and finances remained stressed, manufacturing companies again cut jobs. This was the 14th straight month of job losses in a row.

China May factory growth at 8-month high, but tight funding hits smaller firms

The official Purchasing Managers' Index (PMI) released on Thursday rose to 51.9 in May, from 51.4 in April, and remained well above the 50-point mark that separates growth from contraction for the 22nd straight month.