sector contraction News

US Manufacturing Sector Shows Signs of Weakness as ISM Reports Slight Downturn in July

The US manufacturing sector experienced a slight downturn in July, with the PMI dropping to 48%. New orders contracted for the sixth month, while production expanded. Employment an...

China's Manufacturing Sector Contracts in April: NBS PMI Dips Below Critical 50 Mark

China's manufacturing PMI fell to 49.0 in April, below the neutral 50 mark, indicating contraction. The non-manufacturing and composite PMIs also declined, signaling potential econ...

Japan's Manufacturing Sector Faces Contraction: A Deeper Dive into January's PMI Drop

Japan's manufacturing sector saw a decline in January, with the PMI dropping to 48.7, below the neutral mark, indicating a contraction. This reflects a continued trend of decreasin...