Manufacturing sector growth weak in June
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The nation's manufacturing sector expanded at a slower rate than expected in June and construction spending plunged in May, reinforcing the belief of some analysts that increasing sluggishness in the economy will prompt the Federal Reserve to pause at last in its credit-tightening regime.
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UK manufacturers did not raise their prices as much as analysts had forecast in June, official figures show.
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WASHINGTON - The US economy grew by less than initially projected between April and June, coming in at an annual rate of 2.8 per cent.
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U.S. new home sales in May fell more than expected while consumer confidence in June fell to a 10-month low amid anxiousness about jobs and the business climate, adding to signs of sluggish economic growth this year.
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Aug. 19 (Bloomberg) -- The index of leading US economic indicators fell in July and Philadelphia-area manufacturing expanded at a slower pace this month, signs that record energy prices are keeping growth from accelerating.
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Global manufacturing growth cooled in  August, new orders expanded at their weakest pace in a year and  inflationary pressures eased, a report said on Friday.
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The economy grew at a 3.8 percent annual rate in the April-to-June quarter, slightly less robust than a previous estimate of a 4 percent growth rate.
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Weak US retail sales figures spark debate about whether the Federal Reserve could cut rates in June.
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This has been another month of growth for manufacturing and the economy in general, although the latest monthly report on business from the Institute for Supply Management (ISM) indicates that the rate of manufacturing growth is slowing down.
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Jobs report shows robust economy in June.
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A perceived weakening of economic growth and employment prospects hurt US consumer confidence in June.
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Growth in factory activity in the U.S.  Mid-Atlantic region eased in June, although it was still above  expectations, with a dip in the six-month business conditions  outlook, according to a survey released on Thursday.
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Expansion in the U.S. factory sector  slowed in August as higher costs for energy and raw materials  squeezed manufacturers, a report showed on Wednesday, but  analysts said growth remained relatively robust.
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Expansion in the U.S. factory sector slowed in August as higher costs for energy and raw materials squeezed manufacturers, a report showed on Wednesday, but analysts said growth remained relatively robust.
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WASHINGTON -- Growth in the manufacturing sector slowed in August while construction spending dropped sharply in July, indicating turmoil in the housing and financial markets could be spilling over to the broader economy.
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Manufacturing growth accelerated in June to its fastest in over a year as the economy picked up momentum, according to a report published on Monday.
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New orders at U.S. factors rose a  smaller-than-expected 1.2 percent in June as orders outside  transportation and defense were weak, a government report  showed on Thursday.