UK Manufacturing Sector Faces Deeper Slump in November
The UK's manufacturing sector saw a deeper slump in November, hitting a nine-month low with a score of 48.0, a drop of 1.9 index points compared to the month before, according to S...
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Eurozone Unemployment Holds Steady at 6.3% in October: A Detailed Analysis
The seasonally adjusted unemployment rate in the euro area stood at 6.3% in October, unchanged from last month's reading, Eurostat revealed in its report issued on Monday. The rate...
US Manufacturing Activity Shows Encouraging Signs in November
Manufacturing activity in the United States improved slightly in November, according to a report by S&P Global. The Manufacturing PMI reached 49.7, up from 48.5 in October, althoug...
US Manufacturing Sector Shows Signs of Recovery in November: ISM Report
The US manufacturing sector showed slight improvement in November, according to a report from the Institute for Supply Management (ISM). The Purchasing Managers' Index (PMI) rose f...
US Construction Spending Sees Significant Growth in October, Reaching $2.17 Trillion
The US Census Bureau reports a 0.4% increase in construction spending for September, reaching $2.17 trillion. Private construction leads the growth with a 0.7% increase, while publ...
2025 Global Auto Industry Outlook: Stable Yet Challenging
Fitch Ratings announced a neutral outlook for the global automotive sector in 2025, projecting a 2% increase in light vehicle sales. Challenges in Europe and China due to macroecon...
Fed's Bostic: Economic Outlook Positive, But Caution Needed
Federal Reserve's Raphael Bostic emphasized that the bank is not set on a predetermined outcome for its December meeting. He stressed that the current policy rate remains restricti...
Fed's Waller: Navigating Mixed Economic Signals with a Neutral Stance
Federal Reserve Board of Governors member Christopher Waller expressed his inclination towards maintaining a neutral monetary policy stance during a recent speech at the American I...
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