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2 mins read
Omicron shut down the economic recovery in January, sending private-sector growth to its weakest level since July 2020
IHS Markit's measure of overall business growth showed output slowing to 50.8 in January and teeter…
Ben Winck
2 mins read
Key indicators hint the supply-chain crisis is over and inflation will cool off soon
US manufacturers have more products on hand and orders are slowing down. The supply crisis could gi…
Ben Winck
2 mins read
US businesses are growing faster than ever as the economy reawakens
A reopening began in March, and several indicators of US business activity hit record highs in Apri…
Ben Winck
2 mins read
US business output climbs the most in nearly 6 years as services bounce back, IHS Markit says
While service-sector activity rebounded in a February reading, hiring didn't show a similar jump am…
Ben Winck
2 mins read
US services expand at the fastest pace since 2014 amid surging demand, IHS says
The Institute for Supply Management's own services gauge signaled weaker growth due to supplier con…
Ben Winck
2 mins read
US business activity falls to 3-month low as virus cases slam recovery momentum, IHS says
While manufacturers saw only a slight dip in activity, stricter lockdown measures and rising costs …
Ben Winck
2 mins read
US factories struggle to meet demand as shortages slam production
Hiring difficulties, ballooning order backlogs, and supply-chain disruptions plagued factories in A…
Ben Winck
2 mins read
US business activity leaps to fastest growth rate since February 2019, IHS Markit says
October indexes suggest the US "started the fourth quarter on a strong footing," Chris Williamson, …
Ben Winck
2 mins read
China's manufacturing activity shrinks in September, running at its slowest pace since the start of the pandemic due to the country's energy crunch
Manufacturing data from China is reflective of the impact of the recent energy crunch on production…
Shalini Nagarajan
2 mins read
India's service sector grew the strongest in almost 11 years this October
New Delhi, Nov 3 (PTI) India's services sector activity expanded at the strongest pace in ten-and-a…
PTI
2 mins read
US economic recovery weakens with election and pandemic presenting new risks, IHS Markit says
IHS Markit's Composite PMI sank to 54.4 in September from 54.6, signaling the US rebound continued,…
Ben Winck
2 mins read
US service sector expands for first time in 2020 on improved consumer spending, IHS Markit says
Both manufacturers and service providers benefited from increased consumer demand as lockdowns were…
Ben Winck
1 min read
India's manufacturing sector loses growth momentum in November, PMI falls to three-month low
India's manufacturing sector lost growth momentum in November, as a slower order flow and Covid-rel…
2 mins read
China's factory activity hits quickest expansion in 10 years in November, driven by a burst in output and new orders
The strong upturn in China's economy boosted the fastest increase in employment since May 2011, IHS…
Shalini Nagarajan
2 mins read
Manufacturing at Indian companies rises at quickest pace in over a decade during October
In April, the index had slipped into contraction mode, after remaining in the growth territory for …
PTI
1 min read
US business activity jumps to a 4-month high in June, showing that the shock of the coronavirus pandemic is easing
"The improvement will fuel hopes that the economy can return to growth in the third quarter," said …
Carmen Reinicke
3 mins read
Eurozone economy avoids stagnation in September as German factories get boost from export demand
The UK also lost momentum in the last month, even before new measures were imposed by the governmen…
Shalini Nagarajan
2 mins read
Europe's economy bounced back sharply in June, but is not quite on track for a 'v-shaped' recovery yet, according to a widely-watched business survey
Markets will take only modest comfort from the business surveys as there isn't firm evidence of a s…
Shalini Nagarajan
2 mins read
China's economy roared back in May while the rest of the world is slowly recovering, according to a widely-watched set of business surveys
Among a set of data released by IHS Markit on the same day, India's business activity index came ou…
Shalini Nagarajan
2 mins read
Chinese manufacturing output surged the most in 9 years in May, signaling a coronavirus recovery
However, government data suggested that overall manufacturing activity contracted in May.