by Nicholas Morgan | Apr 30, 2023 | Manufacturing
Manufacturing activity declined noticeably in March, owing to a drop in new orders, a slowdown in production, and a shift in consumer spending back towards services over goods. On Monday, the next edition of the Institute of Supply Management’s Purchasing Managers’...
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...
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...