manufacturing

U.S. Manufacturing Sends Mixed Signals in May

U.S. manufacturing activity sent conflicting signals in May, as two closely watched surveys diverged on the state of the industrial economy. The Institute for Supply Management’s (ISM) manufacturing index fell to 48.5, below the neutral 50 mark and under expectations

Workers assemble vehicle doors at the General Motors assembly plant in Fort Wayne, Indiana

U.S. Durable Goods Orders Surge Well Above Expectations in February

Orders for durable goods rose far above expectations in February, climbing 0.9 percent to $289.3 billion, according to the Commerce Department’s report released Wednesday. Economists had forecast a 1.0 percent decline, but instead, businesses continued to invest heavily in big-ticket

TOPSHOT - US President Donald Trump tours US Steel's Granite City Works steel mill in

China’s Trade Surplus Hits Record $990 Billion

China’s General Administration of Customs announced on Monday that exports for 2024 totaled $3.58 trillion, while imports were $2.59 trillion, creating a $990 billion trade surplus that easily surpassed the previous record of $838 billion in 2022.

a large cargo ship loaded with lots of containers