NEW YORK—Optimism among U.S. manufacturers regarding the global economic outlook reached the highest level since the first quarter of 2012, according to the latest Manufacturing Barometer from PwC. In the third quarter of 2013, 40 percent of respondents expressed optimism regarding the world economy for the next 12 months, up from 31 percent in the prior quarter and 29 percent from the third quarter of 2012.
NEW YORK—Forty-nine percent of business executives in Europe, North American and other mature markets report that economic conditions have improved in their countries, according to McKinsey & Co.’s latest global survey. That compares with 39 percent six months ago and 26 percent for executives in developing markets.
WASHINGTON—U.S. factory activity expanded last month at the fastest pace in 2.5 years. The Institute for Supply Management said that its manufacturing index rose in September to 56.2, the highest since April 2011.
WASHINGTON—U.S. factories increased output in August by the most in eight months, helped by a robust month at auto plants. The gains are a hopeful sign that manufacturing could help boost economic growth in the second half of the year.
WASHINGTON—U.S. factories expanded last month at the fastest pace since June 2011. The Institute for Supply Management said Tuesday that its manufacturing index rose to 55.7 in August from 55.4 in July. That topped the index’s 12-month average of 52.
CLEVELAND—More than a third of metal-forming companies believe that economic activity will improve during the next three months, according to the August business conditions report from the Precision Metalforming Association.
WASHINGTON—New orders for manufactured goods increased $7.6 billion (1.5 percent) to $496.7 billion for June, according to Commerce Department. It marks the fourth increase over a five-month period, and it’s the highest level of new orders recorded since data was first collected in 1992.
WASHINGTON—New orders for big-ticket U.S.-manufactured goods rose 4.2 percent in June, led by demand for aircraft. Orders for durable goods rose to $244.5 billion, an increase of $9.9 billion from May, the Commerce Department said. Analysts had predicted a much smaller 1.8 percent increase on average.