Tag: US economy

U.S. Manufacturing in April Dips Slightly but Remains Strong

May 3, 2021 by Juliet Jeske The U.S. manufacturing sector dipped slightly in April but is still showing tremendous momentum which is a sign that the economy is headed for a robust recovery from the COVID-19 crisis.  The April Manufacturing Purchasing Managers Index, a monthly survey of the manufacturing industry, […]

US Manufacturing Takes Its Hardest Hit Since 2009

New orders and employment tumbled in March at the quickest speed since 2009, signaling a tough road ahead for U.S. manufacturers. March’s Institute for Supply Management’s report on business declined to 49.1%, an indication of contraction for the U.S. economy. The index, based on a survey of U.S. manufacturing companies, […]

Housing starts down again in January

U.S. homebuilders started construction on fewer projects in January than in December, continuing a six-year, saw-tooth pattern of ups and downs in housing starts. January housing starts were at a seasonally adjusted annualized rate of 1.065 million units, 2 percent below the downwardly revised December estimate of 1.087 million. Economists […]