Manufacturing sector performance

July 10, 2019 - 3:49 am
BEIJING (AP) — China says auto sales fell 7.8% in June amid a trade fight with Washington and slower economic growth, extending a year-old contraction that is squeezing automakers as they spend on developing electric cars. An industry group said Wednesday drivers in the global industry's biggest...
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July 05, 2019 - 8:16 am
BERLIN (AP) — German factory orders dropped unexpectedly sharply in May, raising questions about a rebound in Europe's largest economy. The Federal Statistical Office reported Friday that industrial orders dropped 2.2% over April, with foreign orders down 4.3%, when adjusted for seasonal and...
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In this May 19, 2019, photo a line of unsold 2019 CX-5 sports-utility vehicles sits at a Mazda dealership in Littleton, Colo. On Wednesday, June 26, the Commerce Department releases its May report on durable goods. (AP Photo/David Zalubowski)
June 26, 2019 - 6:03 am
WASHINGTON (AP) — Orders to U.S. factories for long-lasting manufactured goods fell sharply in May while demand in a category that tracks business investment rose modestly. Orders fell 1.3% in May following an even bigger 2.8% drop in May, the Commerce Department reported Wednesday. That weakness...
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FILE - In this June 11, 2019, file photo specialist Anthony Rinaldi talks with colleagues on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Friday, June 21. (AP Photo/Richard Drew, File)
June 21, 2019 - 11:12 am
Major U.S. stock indexes moved mostly lower in afternoon trading Friday as a weeklong rally fizzled out a day after the market hit an all-time high. The benchmark S&P 500 index was still on track to notch its third straight weekly gain following four consecutive weekly losses. Trading was muted...
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Vice President Mike Pence speaks at JLS Automation in York, Pa., Thursday, June 6, 2019. (AP Photo/Matt Rourke)
June 06, 2019 - 5:04 pm
YORK, Pa. (AP) — Vice President Mike Pence dropped in Thursday on the presidential battleground state of Pennsylvania, where he toured a maker of packaging robots and urged Congress to pass a new trade pact with Canada and Mexico to benefit Pennsylvania's manufacturing sector. Pence predicted the...
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FILE - In this Oct. 27, 2017, photo, workers assemble Ford trucks at the Ford Kentucky Truck Plant in Louisville, Ky. U.S. manufacturers grew at a slower pace in May, as production levels fell slightly. The Institute for Supply Management, an association of purchasing managers, says that its manufacturing index slipped to 52.1 last month, down from 52.8 in April. (AP Photo/Timothy D. Easley, File)
June 03, 2019 - 8:24 am
WASHINGTON (AP) — U.S. manufacturers grew at a slower pace in May, as production levels fell slightly. The Institute for Supply Management, an association of purchasing managers, says that its manufacturing index slipped to 52.1 last month, down from 52.8 in April. Any above 50 signals an expansion...
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FILE - In this May 9, 2019, file photo washers and dryers are shown on display in a retail store in Cranberry Township, Pa. On Friday, May 24, the Commerce Department releases its March report on durable goods. (AP Photo/Keith Srakocic, File)
May 24, 2019 - 6:00 am
WASHINGTON (AP) — Orders to U.S. factories for large manufactured goods fell sharply last month, pulled down by lower demand for commercial aircraft and cars. The Commerce Department said Friday that orders for durable goods — or items meant to last at least three years — fell 2.1%, after rising 1...
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Customers shop at a toy store in Beijing, Wednesday, May 15, 2019. For many Americans, President Donald Trump's trade war may soon get very real. His administration is preparing to extend 25% tariffs to practically all Chinese imports not already hit with duties, including toys, sneakers, shirts, alarm clocks, toasters and coffeemakers. (AP Photo/Mark Schiefelbein)
May 14, 2019 - 11:30 pm
BEIJING (AP) — China's factory output and consumer spending weakened in April as a tariff war with Washington intensified, adding to pressure on Beijing to shore up shaky economic growth. Wednesday's unexpectedly weak data prompted suggestions Beijing will needs to boost stimulus spending and bank...
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May 13, 2019 - 10:05 pm
BEIJING (AP) — China's auto sales sank 17.7% in April from a year earlier, extending a slump amid trade tension with Washington and an economic slowdown. An industry group, the China Association of Auto Manufacturers, said drivers in the industry's biggest global market bought 1.6 million sedans,...
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FILE - In this Thursday, April 11, 2019 file photo, protestor flags fly opposite the Houses of Parliament in London. The British economy is likely to weaken as firms stop ease up on Brexit preparations now that Britain’s departure from the European Union has been delayed by months, the Bank of England said Thursday, May 2, 2019. (AP Photo/Frank Augstein, File)
May 10, 2019 - 2:43 am
LONDON (AP) — The British economy expanded by a solid quarterly rate of 0.5% in the first three months of the year as firms geared up for the long-anticipated Brexit date. However, that boon is set to diminish in coming months and growth is expected to ease as the country hurtles toward its next...
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