As global central banks, including the U.S. Federal Reserve, prepare to proactively stave off an economic slowdown, we turn our attention to the primary rationale behind the push to alter monetary policy–the global economic downturn in manufacturing and its ripple effect on middle market suppliers. … READ MORE >
manufacturing
Demand for manufacturing workers remains robust, despite May’s decline in U.S. job openings
Manufacturing positions in the United States are among the hardest to fill as the labor market remains tight, a key government report released on Tuesday shows. … READ MORE >
Factory orders stall in latest Institute for Supply Management Index
The Institute for Supply Management index—a key gauge of U.S. factory activity—dropped to 51.7 in June, from 52.1 a month earlier, pulled lower primarily by economic uncertainty over trade issues. The index posted its third straight monthly decline and the weakest level since October 2016. … READ MORE >
Philadelphia Fed’s manufacturing gauge weakens sharply in June
Philadelphia Fed’s manufacturing gauge falls in June, registering its lowest level since February when the index registered zero. … READ MORE >
ISM manufacturing survey points toward further moderation
Those looking for stabilization in the downward trajectory of U.S. manufacturing sentiment will have to wait until mid-year.The April 2019 Institute for Supply Management Report on Business – an important gauge of U.S. factories – arrived below expectations with the top line index slowing to 52.8 from 55.3, the weakest level since late 2016. … READ MORE >