Manufacturing sector performance

FILE - In this Wednesday, May 13, 2020 file photo, Ford Motor Co. employees work a ventilator at the Rawsonville plant in Ypsilanti Township, Mich. The plant was converted into a ventilator factory, as hospitals battling the coronavirus report shortages of the life-saving devices. According to the Institute for Supply Management, U.S. manufacturing rebounded in June 2020 as major parts of the country opened back up, ending three months of contraction in the sector caused by the coronavirus pandemic. (AP Photo/Carlos Osorio)
SKY News
August 03, 2020 - 10:12 am
WASHINGTON (AP) — U.S. manufacturing improved again in July with a key gauge of activity rising for a second straight month. The Institute for Supply Management, an association of purchasing managers, said Monday that its manufacturing index rose to 54.2 last month, up from a June reading of 52.6...
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A currency trader walks by the screens showing the Korea Composite Stock Price Index (KOSPI), left, and the foreign exchange rate between U.S. dollar and South Korean won at the foreign exchange dealing room in Seoul, South Korea, Thursday, June 4, 2020. Asian stock markets are mixed after Wall Street rose on better U.S. jobs and manufacturing data than expected.(AP Photo/Lee Jin-man)
SKY News
June 03, 2020 - 11:53 pm
Most Asian stock markets were mixed Thursday after Wall Street gain on surveys showing better U.S. jobs and manufacturing conditions than expected. Benchmarks in Shanghai and Hong Kong declined while Tokyo, Sydney and Southeast Asia advanced. Stock markets have risen on optimism about a possible...
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A woman walks into a closing Gordmans store, Thursday, May 28, 2020, in St. Charles, Mo. Stage Stores, which owns Gordmans, is closing all its stores and has filed for Chapter 11 bankruptcy. (AP Photo/Jeff Roberson)
SKY News
May 29, 2020 - 10:03 am
WASHINGTON (AP) — U.S. consumer spending plunged by a record-shattering 13.6% in April as the viral pandemic shuttered businesses, forced millions of layoffs and sent the economy into a deep recession. Last month's spending decline was far worse than the revised 6.9% drop in March, which itself had...
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FILE - In this Feb. 26, 2019, file photo, Jeep vehicles are parked outside the Jefferson North Assembly Plant in Detroit. Defying a wave of layoffs that has sent the U.S. job market into its worst catastrophe on record, at least one major industry is making a comeback: Tens of thousands of auto workers are returning to factories that have been shuttered since mid-March due to fears of spreading the coronavirus. (AP Photo/Carlos Osorio, File)
SKY News
May 15, 2020 - 10:37 am
DETROIT (AP) — Defying a wave of layoffs that has sent the U.S. job market into its worst catastrophe on record, at least one major industry is making a comeback: Tens of thousands of auto workers are returning to factories that have been shuttered since mid-March due to fears of spreading the...
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October 07, 2019 - 2:34 am
BERLIN (AP) — German factory orders, an important indicator for Europe's biggest economy, dropped for the second consecutive month in August — led by lower demand from domestic customers. The Economy Ministry said Monday that orders were 0.6% lower compared with the previous month. That followed a...
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In this Sept. 18, 2019, photo a Puckett Machinery Company technician walks past a new heavy duty Caterpillar excavator that awaits modification at Puckett Machinery Company in Flowood, Miss. On Tuesday, Oct. 1, the Institute for Supply Management, a trade group of purchasing managers, issues its index of manufacturing activity for September. (AP Photo/Rogelio V. Solis)
October 01, 2019 - 11:11 am
WASHINGTON (AP) — U.S. factory activity hit its lowest level in more than a decade, as President Donald Trump's trade wars take a toll on American manufacturing. The Institute for Supply Management, an association of purchasing managers, said Tuesday that its manufacturing index shrank for the...
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In this Thursday, Sept. 5, 2019, photo, a roadside fruit seller waits for customers as vehicles drive past in Noida on the outskirts of New Delhi, India. Confidence in the Indian economy is giving way to uncertainty as growth in the labor-intensive manufacturing sector has come to a near standstill, braking to 0.6% in the last quarter from 12.1% in the same period a year earlier. (AP Photo/Altaf Qadri)
September 16, 2019 - 3:10 am
NEW DELHI (AP) — Anuj Kapoor took over his father's booming auto parts business in 2012, hoping to elevate the company from selling to suppliers to selling directly to carmakers. Seven years later, he's had to lay off half his workers as drooping sales caused his profit to plummet by at least 80%...
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FILE - In this Aug. 25, 2019, file photo, a long line of unsold Clubman sports-utility vehicles sit at a Mini dealership in Highlands Ranch, Colo. On Friday, Sept. 13, the Commerce Department releases U.S. retail sales data for August. (AP Photo/David Zalubowski, File)
September 13, 2019 - 11:41 am
WASHINGTON (AP) — U.S. retail sales rose moderately in August, driven higher by a jump in auto buying and healthy online sales, evidence that consumers are still spending enough to support growth. The Commerce Department said Friday that retail sales increased 0.4% last month, down from a strong 0...
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Activists of the environment protection organization 'Greenpeace' pump up a giant ballon to protest against climate-damaging cars displayed at the IAA Auto Show in Frankfurt, Germany, Tuesday, Sept. 10, 2019. (AP Photo/Michael Probst)
September 10, 2019 - 2:58 pm
FRANKFURT, Germany (AP) — The headwinds buffeting the auto industry are making themselves felt at the Frankfurt Motor Show, with companies confronting a slowdown in sales due to global trade uncertainty and pressure from governments to lower emissions of air pollutants and greenhouse gases. Signs...
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In this July 24, 2019 photo, large cranes to unload container ships are shown at PortMiami in Miami. On Thursday, Sept. 5, the Labor Department issues revised data on productivity in the second quarter. (AP Photo/Wilfredo Lee)
September 05, 2019 - 8:53 am
WASHINGTON (AP) — U.S. productivity rose at a healthy pace in the second quarter but dropped at American factories, another sign of trouble for manufacturers. The Labor Department said Thursday that overall productivity — output per hour worked — rose at a seasonally adjusted annual pace of 2.3% in...
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