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Manufacturing Contracts Further As Consumers Continue Shift Back To Spending on Services

Manufacturing Contracts Further As Consumers Continue Shift Back To Spending on Services

by Nicholas Morgan | Apr 16, 2023 | Economy, Manufacturing

The U.S. manufacturing sector shrank at its fastest rate since the COVID-19 pandemic after new orders dropped and production slowed as more consumers shifted their spending back into services. The Institute for Supply Management (ISM) on Wednesday released its monthly...
Manufacturing Slows Again in February As Firms Hope For Brighter Second Half of 2023

Manufacturing Slows Again in February As Firms Hope For Brighter Second Half of 2023

by Nicholas Morgan | Mar 11, 2023 | Economy, Featured, Manufacturing

Photo by jannonivergall via Pixabay The U.S. manufacturing sector shrank again in February, but at a slower rate than in previous months, a sign that activity may be starting to stabilize.  The Institute for Supply Management (ISM) on Wednesday released its monthly...

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Welcome to Issue Number One

Welcome to Issue Number One, a site covering the economy produced by young journalists in New York City. Email the editor Greg David at gregdavid49@gmail.com.

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