Manufacturing Sector Grew in October
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Activity in the nation&#39;s manufacturing sector grew in October for the 17th straight month, but at a slower pace than the previous month, the Institute for Supply Management reported Monday.
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The US trade gap widened nearly 9 percent in October to a record $55.5 billion as sky-high oil prices helped propel imports into new territory, while industrial output rose as expected in November.
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US factory growth stayed strong in September according to reports on Friday, while construction spending in the prior month hit a record high for a seventh month
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Consumer spending rebounded in September and manufacturing activity expanded in October, though at a slower pace than in the previous month, providing further
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The nation's manufacturing sector extended its growth streak to a fourth consecutive month in May, overcoming worries about inflation, soaring gas prices and the broader economy's sluggishness, a research group said Friday.
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Manufacturing activity expanded for the 19th consecutive month in December, a research group reported Monday, suggesting that the industrial sector entered the new year with solid strength behind it.
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Factories in the U.S. Mid-Atlantic region rebounded in October, a survey showed on Thursday, but employment measures declined and the outlook for the future slid sharply.
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The outlook for U.S. manufacturing improved in November as factories hired more workers in response to a jump in new orders, a national survey published on Wednesday showed.
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An industry survey said growth in the vast US services sector expanded in October, with a slight rise in the employment index. Meanwhile, the Commerce Department said orders placed with US factories fell for
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The U.S. economy added another 6,900 jobs in computer systems design and related services in October, but tech manufacturing posts fell again.
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Bank mortgage approvals rose by 3.7% in October, compared with the same time last year, industry figures show.
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Indiaâs industrial production climbed 6.2 percent in October from October 2005, failing to meet analystsâ expectations as manufacturing output declined. Overall industrial output rose 11.4 percent in September. According to the Central Statistical Organization, manufacturing, which accounts for more than three quarters of industrial output, rose 6 percent in October, down from 12 percent in September.
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Manufacturing activity expanded at its fastest pace in four months in November as factories ramped up production to meet rising demand, calling into question the growing assumption that interest rates have peaked.
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The outlook for US manufacturing improved in November as factories hired more workers in response to a jump in new orders, a national survey published on Wednesday showed.
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Inventories at U.S. wholesalers rose a larger-than-expected 0.8 percent in October led by autos, machinery and computer equipment, while sales fell 0.5 percent, the government said on Monday.
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India grew 9.1% in the first three months of 2007, driven by the manufacturing and service sectors.
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Inventories at U.S. wholesalers rose  a larger-than-expected 0.8 percent in October led by autos,  machinery and computer equipment, while sales fell 0.5 percent,  the government said on Monday.