US manufacturing industry »

  • H.S. Borji

    US manufacturing growth cooled more than forecast in January, as new orders continued to moderate in the latest sign uneven global demand was weighing on domestic producers. The Institute for Supply Management’s gauge of US manufacturing activity eased to 53.5 from 55.5. A median estimate of economists called for a drop to 54.5. The US

  • H.S. Borji

    The US manufacturing industry grew less than forecast in December, cooling to a six-month low as factory output continued to moderate in the fourth quarter. The Institute for Supply Management’s gauge of US manufacturing activity eased to 55.5 from 58.7. A median estimate of economists called for a drop to 57.6. The US manufacturing industry

  • H.S. Borji

    US durable goods orders declined unexpectedly in November, as business investment waned and demand for military equipment deteriorated in the final stretch of 2014. Orders for manufactured goods meant to last three years or more declined 0.7 percent to $242.3 billion in November, following a gain of 0.3 percent the previous month, the Commerce Department

  • H.S. Borji

    The US manufacturing industry expanded faster than forecast in November, as new orders and overall production levels remained elevated, a sign factory activity continued to be a main linchpin of economic growth in the fourth quarter despite the recent slowdown. The Institute for Supply Management’s gauge of US manufacturing activity eased to 58.7 from 59.0.

  • H.S. Borji

    New orders for US factory goods declined broadly in August, as durable goods orders eased off their record highs following a cool down in the demand for transportation equipment US factory orders declined 10.1 percent in August to $502 billion, following a gain of 10.5 percent the previous month, the Commerce Department reported today in

  • H.S. Borji
    Business » US Factory Orders Surge in July
    H.S. Borji - September 3, 2014, 22:47 GMT

    New orders for US factory goods surged in July, led by a sharp increase in commercial aircraft, adding further evidence the manufacturing sector was a key driver of economic growth during the summer. US factory orders advanced 10.5 percent in July, following an upwardly revised gain of 1.5 percent the previous month, the Commerce Department

  • H.S. Borji

    The US manufacturing industry accelerated in August at the fastest pace in more than three years, as a strong pick up in new orders and production contributed to another month of sustained job creation. The Institute for Supply Management’s gauge of US manufacturing industry rose to 59 from 57.1. A median estimate of economists called

  • H.S. Borji

    The US service economy in July remained close to its pre-recession high, although the pace of new business growth eased to a three-month low and employment growth moderated from June’s four-and-a-half year high. Markit Group’s flash estimate of US service activity eased slightly from 61 to 60.9. Economists forecast a sharper decline to 59.8. A

  • H.S. Borji

    The US manufacturing industry continued to advance in July, although output and new orders rose at a slower rate while job creation was the weakest since September 2013. Markit Group’s flash estimate of US manufacturing activity declined 1 percentage point to 56.3. A median estimate of economists called for a gain of 0.2 percentage points

  • H.S. Borji

    The US service economy in June accelerated at the sharpest pace since October 2009, as output and new business levels supported the fastest pace of job creation in nine months. Markit Group’s gauge of US service activity surged from 58.1 to 61.2. Economists called for a reading of 58.0. A reading above 50 signifies expansion

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