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U.S. factories grow at fastest pace since mid-2018

WASHINGTON (AP) – American factories grew in December at the fastest pace in more than two years as manufacturing continued to weather the pandemic...
AMERICAN FACTORIES expanded at a faster pace last month, continuing a rebound from the coronavirus recession. The Institute for Supply Management, an association of purchasing managers, reported Tuesday, Sept. 1, 2020, that its manufacturing index climbed to 56 in August from 54.2 in July. / AP FILE PHOTO/ AMR ALFIKY

Survey: U..S factories grow in August for third straight month

WASHINGTON (AP) – American factories expanded last month at the fastest pace since late 2018, continuing a rebound from the coronavirus recession. The Institute for...
THE INSTITUTE for Supply Management's U.S. manufacturing Index declined for the third consecutive month in May. / AP FILE PHOTO/EVAN VUCCI

Survey: U.S. factories sink in May for third straight month

WASHINGTON (AP) – American factories slowed for the third consecutive month in May as they continued to sustain economic damage from the coronavirus pandemic. The...
THE INSTITUTE for Supply Management manufacturing index slid to 50.1 in February. A value above 50 indicates expansion and a value below 50 indicates contraction. / BLOOMBERG NEWS FILE PHOTO/LUKE SHARRETT

U.S. manufacturing nearly stagnates with virus hitting suppliers

WASHINGTON – A key gauge of U.S. manufacturing retreated to near-stagnation in February amid mounting concern that the world’s largest economy won’t be able...
U.S. MANUFACTURING expanded in January for the first time in six months, according to the Institute for Supply Management. / BLOOMBERG NEWS FILE PHOTO/MATTHEW BUSCH

U.S. manufacturing posts its first expansion in 6 months

WASHINGTON – A gauge of United States manufacturing rebounded sharply in January, topping estimates and signaling growth in the beleaguered sector for the first...
THE INSTITUTE for Supply Management’s purchasing managers’ index fell to 47.2 in December, its lowest level since June 2009. / BLOOMBERG FILE PHOTO/TY WRIGHT

U.S. factory gauge unexpectedly falls to lowest since 2009

WASHINGTON – United States manufacturing closed out a tumultuous year with the weakest monthly performance since the end of the recession, with orders shrinking...
FACTORY EXECUTIVES forecast capital expenditures will decrease 2.1% in 2020. / BLOOMBERG NEWS FILE PHOTO/TY WRIGHT

U.S. manufacturers plan first pullback in investment since 2009

WASHINGTON – United States manufacturers expect to reduce capital spending in 2020, a trend that could limit a rebound in the sector even as...
THE ISM's index of non-manufacturing U.S. business activity, a measurement of the country's service industries, declined in November. / BLOOMBERG NEWS FILE PHOTO/JUSTIN SULLIVAN/GETTY IMAGES

U.S. services gauge drops, though details signal stable growth

WASHINGTON – A gauge of United States service industries fell more than forecast in November as business activity cooled, though gains in employment and...
U.S. MANUFACTURING contracted for the fourth straight month in November, according to the Institute for Supply Management. / BLOOMBERG NEWS FILE PHOTO/MATTHEW BUSCH

U.S. factories extend contraction as index misses forecasts

WASHINGTON – America's industrial heartbeat remained faint in November as a measure of manufacturing contracted for a fourth straight month against a backdrop of...
U.S. MANUFACTURING contracted for the third straight month in October, according to the Institute for Supply Management. / BLOOMBERG NEWS FILE PHOTO/MATTHEW BUSCH

U.S. factory gauge signals contraction for third-straight month

WASHINGTON – A gauge of United States manufacturing trailed estimates for October and signaled the sector contracted for a third-straight month, with the weakest...

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