Articles Tagged with ''economy''

WASHINGTON—The U.S. economy added a robust 288,000 new jobs last month—the fifth straight month in which the United States has added more than 200,000 jobs. The unemployment rate now stands at 6.1 percent, the lowest since September 2008.

LONDON—Impressive growth figures for the global manufacturing sector during June were released today. The overall Global Manufacturing Purchasing Managers’ Index hit a four-month high.

LONDON—Eurozone business activity hit a near three-year high in April, as a modest economic recovery gained momentum and began creating much-needed jobs. The Eurozone Composite Purchasing Managers Index for April jumped to 54 points from 53.1 in March, the highest reading since May 2011.

WASHINGTON—Manufacturing CEOs are more optimistic this year, but they’re worried about rising energy costs and slowing growth in new markets, according to a new survey conducted by consulting firm PWC.

OTTAWA, ON—The Canadian government has pledged an additional $500 million over the next two years to support the country’s auto industry.

LONDON—Manufacturing executives are more optimistic about economy than they were at this time last year, according to a PWC’s quarterly manufacturing barometer. Sixty-eight percent of executives are optimistic about the U.S. economy in 2014 and 47 percent are optimistic about the global economy.

WASHINGTON—Industrial production in the United States rose for a fifth month in December, capping the strongest quarter since 2010 and indicating manufacturing is helping propel the economy. Output at factories, mines and utilities climbed 0.3 percent after a revised 1 percent increase in November, according to the U.S. Federal Reserve.

WASHINGTON—U.S. manufacturing is expected to fare better than the overall economy, with anticipated growth of 3.1 percent in 2014 and 4.1 percent in 2015, according to the Manufacturers Alliance for Productivity and Innovation.

WASHINGTON—The U.S. economy grew at a 3.6 percent annual rate from July through September, the fastest since early 2012.

WASHINGTON—Economic activity in the manufacturing sector expanded in November for the sixth consecutive month, reaching its highest level in 2.5 years, according to the latest data from the Institute for Supply Management. The institute’s Purchasing Managers Index registered 57.3 percent, up from October’s reading of 56.4 percent.