The manufacturing sector grew faster in March than expected on the heels of strong production activity and new orders, according to the Institute for Supply Management survey released on Monday. The March data, though, should not so much be seen as a sign of strength to come but rather as a catchup ... READ MORE >
new orders
Central banks brace for economic slowdown as manufacturing reflects contraction
A slowing global economy and declining bond yields across the developed world—some negative—portend a deteriorating business climate ahead. To combat this broad slowdown, global central banks are shifting monetary policy toward more accommodative stances that include real negative rates, nominal negative ... READ MORE >