Economic activity in the manufacturing sector expanded in October for the fifth consecutive month, and the overall economy grew for the 53rd consecutive month, according to the latest data from the Institute for Supply Management.
WASHINGTON—Driven by a 57.7 percent jump in demand for aircraft, new orders for manufactured goods rose 1.7 percent in September to hit $490.8 billion.
WASHINGTON—Manufacturing activity in the United States expanded at the fastest pace in 2.5 years last month, getting a boost from overseas growth and a strong year for the auto industry. The manufacturing index at the Institute for Supply Management rose to 56.4 in October, up from 56.2 in September.
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.
NEW YORK—Forty-nine percent of business executives in Europe, North American and other mature markets report that economic conditions have improved in their countries, according to McKinsey & Co.’s latest global survey. That compares with 39 percent six months ago and 26 percent for executives in developing markets.
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—U.S. factories increased output in August by the most in eight months, helped by a robust month at auto plants. The gains are a hopeful sign that manufacturing could help boost economic growth in the second half of the year.
WASHINGTON—U.S. factories expanded last month at the fastest pace since June 2011. The Institute for Supply Management said Tuesday that its manufacturing index rose to 55.7 in August from 55.4 in July. That topped the index’s 12-month average of 52.
CLEVELAND—More than a third of metal-forming companies believe that economic activity will improve during the next three months, according to the August business conditions report from the Precision Metalforming Association.
