WASHINGTON AFP — US factory activity gathered momentum in December, according to a survey released seen as a positive sign for the US economy. But a separate report shows a decline in construction spending. The Institute of Supply Management said its purchasing managers index PMI, seen as a barometer...
Economic jitters grew Thursday after a report showing a decline in factory activity in part of the USA became the latest piece of data to suggest the slowdown in the economy may be sharper than initially thought. But although the economic fears sparked a sell-off on Wall Street, some economists...
WASHINGTON AFP — US factory activity picked up in April but high energy prices are troubling manufacturers, according to a report by the Institute for Supply Management. The ISM industrial index rose to 57.3 percent, its highest level since November, from 55.2 percent in March. Readings above 50...
Business activity continued to expand from late April through early June, and most areas of the country reported an increase in factory activity, the Federal Reserve said in its latest "Beige Book" report issued June 15.Business activity continued to expand from late April through early June, and most areas of...
WASHINGTON -- Manufacturing activity and prices expanded at a heady pace in September, while construction spending set another record in August, according to Monday reports that increased optimism about U.S. growth but fueled concerns about inflation. The private Institute for Supply Management said its index of manufacturing activity jumped...
WASHINGTON, July 1 KyodoAsia's economic troubles are helping curb the pace of U.S. economic growth, according to statistics released Wednesday.The National Association of Purchasing Management NAPM said its index designed to gauge factory activity sank to 49.6% in June from 51.4 in May.A reading below 50 is generally regarded as...
U.S. manufacturing last month expanded at its fastest pace in almost a year, while pending home sales in March fell to their lowest in four years, according to reports Tuesday that gave mixed signals on the economy. The Institute for Supply Management said its index of national...
WASHINGTON AFP — Factory activity in the United States decelerated in December, the Institute for Supply Management reported. The ISM manufacturing index dipped to 54.2 percent from 58.1 in November. Economists expected a smaller decline to 57.0 in December. "In December, we saw a decline in the rate...
WASHINGTON AFP — Economic data showed strong factory activity in the United States as well as a surge in construction spending, although consumer sentiment was slightly weaker. The Institute for Supply Management reported its national index of manufacturing activity fell to 58.5 percent in September from 59.0 percent in...
WASHINGTON AFP — US factory activity expanded for the 21st month in February, but the pace slowed, a survey by the Institute of Supply Management showed. The ISM index -- a closely watched gauge of the manufacturing sector -- fell to 55.3 percent in February from 56.4 in January....
By Karen Brune Mathis, The Florida Times-Union, Jacksonville Knight Ridder/Tribune Business News Jan. 16--In its first Beige Book report of the year, the Federal Reserve Board found that economic activity in the Southeast "remained subdued" in late November and December. ...
Manufacturing activity increased throughout most of the country as the U.S. economy "continued to expand" in January and February with moderate job growth, the Federal Reserve said March 3 in its latest regional survey.Manufacturing activity increased throughout most of the country as the U.S. economy "continued to expand" in January...
To: STATE EDITORS Contact: James Hoard of the Federal Reserve Bank of Dallas, +1- 214-922-5307, james.hoard@dal.frb.org DALLAS, Feb. 25 /PRNewswire/ -- Texas manufacturing activity remained soft in February; however, there were signs of optimism, according to the Federal Reserve Bank of Dallas' Texas Manufacturing Outlook Survey. The February survey...
THE FEDERAL RESERVE'S latest survey of the nation's economic health revealed a slower rate of growth in the start of the fourth quarter. The so-called beige book noted that manufacturing was maintaining high levels but that there was some "softening" in factory activity. Of the 12 Federal Reserve districts that...
WASHINGTON -- The economy grew at the end of 2007 but at a slower pace than that seen earlier in the year as consumer spending disappointed, factory activity was mixed and housing continued to be weak, the Federal Reserve said Wednesday. In its so-called beige book...
WASHINGTON -- The U.S. economy improved in November, December and early January as holiday retail sales rose, factory activity increased and the housing market remained strong, the Federal Reserve said Wednesday. The job market showed a "modest" improvement marked by fewer layoffs and small gains in hiring, the Fed said...
WASHINGTON -- Home sales and construction will continue adding a spark to the U.S. economy in the months ahead, builders and analysts said, even as retail sales and factory activity cool. Builders list a variety of reasons for their optimism, including still attractive mortgage and construction financing rates,...
Future price expectations are up in manufacturing and employment figures are making a comeback, according to the Federal Reserve Bank of Kansas City's 10th District monthly manufacturing report for December. Oklahoma is in the middle of the district, which includes Nebraska, Wyoming, Colorado, Kansas and parts of Missouri...
By Jane Padgham, Evening Standard, London Knight Ridder/Tribune Business News Feb. 3--The City was today confidently predicting the Bank of England would leave the interest rate on hold this week, despite evidence that manufacturing has plunged deeper into crisis and the High...
Investors sent stocks soaring to 2003 highs Monday after being encouraged by yet another batch of upbeat economic news. Economic data showing factory activity jumped in October to its strongest monthly level in two decades prompted many investors to finally trust the market rally and jump in. Tech...
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