economic contraction News

US Manufacturing Sector Contracts in March: PMI Drops Below Critical Threshold

The US manufacturing sector contracted in March, with the PMI dropping to 49%. Key indicators like new orders, production, and employment fell, while prices surged due to tariffs, ...

US Manufacturing Sector Takes a Hit: PMI Drops to 49% in March Amid Demand Confusion

The US manufacturing sector contracted in March with PMI dropping to 49%, as demand confusion and tariffs impact new orders, production, and employment, while prices surge.

US Manufacturing Sector Contracts in March: PMI Drops to 49% Amid Demand Confusion

US manufacturing activity contracted in March with PMI dropping to 49%, as demand confusion and rising prices impact production and employment. Key indicators show significant decl...

January Sees French Services Sector Dip to Two-Month Low, Manufacturing Rebounds

The French services sector contracted further in January, reaching a two-month low, while the manufacturing sector showed signs of recovery. The overall economic activity in France...

December Marks a Sharp Decline in UK Manufacturing Activity, Reaching an 11-Month Low

The UK manufacturing sector hit an 11-month low in December, with a score of 47.0, indicating a significant slowdown. Output, new orders, and employment contracted at an accelerati...

German Economy Faces Challenges: Bundesbank Forecasts 0.2% Contraction in 2024

The Deutsche Bundesbank forecasts a 0.2% contraction in the German economy for 2024, citing persistent economic headwinds and structural problems. The central bank also revised gro...