US manufacturing sector »

  • H.S. Borji

    The US private sector in June added the most workers since November 2012, the ADP Institute reported today, prompting some economists to re-evaluate their forecast for Thursday’s nonfarm payrolls report. On Thursday the Labor Department could show the US economy added 210,000 nonfarm payrolls in June, marking the fifth consecutive month job creation was above

  • H.S. Borji

    New orders for US factory goods slipped faster than forecast in May, as declining demand for military equipment ended three consecutive months of gains. US factory orders slipped 0.5 percent in May, after a revised gain of 0.8 percent the previous month, the Commerce Department reported today in Washington. A broad consensus of economists said

  • H.S. Borji

    The US manufacturing sector expanded for the thirteenth consecutive month in June, as new orders, employment and production expanded at a marked pace. The Institute for Supply Management’s gauge of national manufacturing activity for June eased slightly from 55.4 to 55.3. A median estimate of market analysts called for 55.8. The US manufacturing industry has

  • H.S. Borji

    The US manufacturing industry continued to build momentum in May, as production increased sharply and employment rose for the eleventh consecutive month. Markit Group’s gauge of US manufacturing activity climbed 0.8 percentage point to 56.2, exceeding estimates for 56. A reading above 50 is a general sign of expansion in manufacturing activity, whereas a reading

  • US manufacturing activity in September expanded for a fourth consecutive month, according to the Institute of Supply Management. The widely read report showed the overall US economy expanded for the 52nd consecutive month. The PMI reading of 56.2 for September was considerably higher than the median estimate of 55.0. Economists expected a slight drop in