LONDON—Manufacturing executives are more optimistic about economy than they were at this time last year, according to a PWC’s quarterly manufacturing barometer. Sixty-eight percent of executives are optimistic about the U.S. economy in 2014 and 47 percent are optimistic about the global economy.
WASHINGTON—Industrial production in the United States rose for a fifth month in December, capping the strongest quarter since 2010 and indicating manufacturing is helping propel the economy. Output at factories, mines and utilities climbed 0.3 percent after a revised 1 percent increase in November, according to the U.S. Federal Reserve.
WASHINGTON—U.S. manufacturing is expected to fare better than the overall economy, with anticipated growth of 3.1 percent in 2014 and 4.1 percent in 2015, according to the Manufacturers Alliance for Productivity and Innovation.
WASHINGTON—Economic activity in the manufacturing sector expanded in November for the sixth consecutive month, reaching its highest level in 2.5 years, according to the latest data from the Institute for Supply Management. The institute’s Purchasing Managers Index registered 57.3 percent, up from October’s reading of 56.4 percent.
NEW YORK—Optimism among U.S. manufacturers regarding the global economic outlook reached the highest level since the first quarter of 2012, according to the latest Manufacturing Barometer from PwC. In the third quarter of 2013, 40 percent of respondents expressed optimism regarding the world economy for the next 12 months, up from 31 percent in the prior quarter and 29 percent from the third quarter of 2012.
WASHINGTON—U.S. factory activity expanded last month at the fastest pace in 2.5 years. The Institute for Supply Management said that its manufacturing index rose in September to 56.2, the highest since April 2011.
WASHINGTON—New orders for big-ticket U.S.-manufactured goods rose 4.2 percent in June, led by demand for aircraft. Orders for durable goods rose to $244.5 billion, an increase of $9.9 billion from May, the Commerce Department said. Analysts had predicted a much smaller 1.8 percent increase on average.
NEW YORK—The domestic economic outlook among U.S. manufacturers is at its highest level in five quarters, according to the PWC Manufacturing Barometer survey. The majority of manufacturing executives surveyed expect revenue growth in 2013.
WASHINGTON—New orders for durable goods increased $12.4 billion or 5.7 percent in February to $232.1 billion, the U.S. Census Bureau said Tuesday. Orders have increased five of the past six months.
