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...
Economy News
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...
Fed's Williams: Gradual Policy Adjustments Expected Amid Economic Stability
Federal Reserve Bank of New York President John C. Williams described the US economy as nearing equilibrium in a speech on Monday. He reiterated the Fed's commitment to guiding inf...
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