BEIJING (Reuters) - China's factory sector contracted for an eighth straight month in June, with export orders and prices turning in their weakest showing since early 2009, a private-sector survey showed on Thursday.
China's factory sector contracted for an eighth straight month in June, with export orders and prices turning in their weakest showing since early 2009, a private-sector survey showed on Thursday. The ...
The HSBC Flash PMI, the earliest monthly indicator of China's industrial activity, fell to a seven-month low of 48.1 in June, as export orders and prices turned in their weakest showing since early 2009.
NEW YORK — U.S. manufacturing growth picked up in March as new orders increased and hiring quickened, closing out the best quarter for the sector in two years, a survey showed on Monday.
Financial data firm Markit said its U.S. Manufacturing Purchasing Managers Index rose to 54.6 last month from 54.3 in February. A reading above 50 indicates expansion.
Output increased, though the rate of growth slipped to 56.6 from 57.3 in February.
The HSBC Flash China Manufacturing PMI™ report shows Operating conditions continue to improve in December.
Key points
Flash China Manufacturing PMI™ at 50.9 (50.5 in November). Fourteen-month high.
Flash China Manufacturing Output Index at 50.5 (51.3 in November). Two-month low.
Data collected 5–12 December 2012.
BEIJING (Reuters) - A factory slump in Asia's two biggest exporters China and Japan deepened in June as crumbling orders from abroad dragged activity to seven-month lows, heightening worries that the health of the global economy is deteriorating. PMI reports on major exporters South Korea and Taiwan also indicated new orders from overseas were falling. The manufacturing sectors in these countries contracted in June for the first time in five months, the reports showed. In India, where the economy is more reliant on domestic activity, the factory sector picked up in June. ...