LONDON--(BUSINESS WIRE)--Canadian manufacturers experienced a renewed slowdown in growth at the
end of 2018, with both production volumes and incoming new work
expanding at softer rates than in November. The pace of manufacturing
job creation also moderated in December, partly reflecting a drop in
business optimism to its weakest since February 2016.
LONDON--(BUSINESS WIRE)--December data indicated a slower, albeit still solid, improvement in the
health of the U.S. manufacturing sector. The headline PMI dipped to a
15-month low amid a weaker rise in new business and the joint-softest
expansion in output since September 2017. At the same time, the pace of
job creation eased to an 18-month low, despite a further rise in
backlogs. Notably, business confidence among manufacturers fell again in
LONDON--(BUSINESS WIRE)--Christian Buhagiar, President and CEO at SCMA said:
“Canadian manufacturers enjoyed an overall rebound in growth during
November, with business conditions improving at the strongest pace for
three months. Stronger rises in output and new orders were supported by
the fastest upturn in employment numbers since the survey began in
October 2010. The latest robust increase in staffing levels was widely
linked to capacity more...
LONDON--(BUSINESS WIRE)--November survey data signalled a strong improvement in operating
conditions across the U.S. manufacturing sector, despite the headline
PMI dipping to a three-month low. The upturn was supported by the
fastest increase in new orders since May and a sharp rise in employment.
Output also rose solidly, despite growth easing to the joint-weakest in
over a year. Capacity pressures were also evident through a further rise
in backlogs. more...
Final Eurozone Composite Output Index: 53.1 (Flash: 52.7, September Final: 54.1)
Final Eurozone Services Business Activity Index: 53.7 (Flash: 53.3, September Final: 54.7)
Data collected October 11-26
October saw the euro area economy expand at its slowest rate for more than two years, according to the final IHS Markit Eurozone PMI® Composite Output Index. Despite coming in higher than the earlier flash estimate of 52.7, October’s final reading of 53.1 was down from the previous more...
New work increases at slowest pace since July 2016
Strong input cost inflation continues
Data collected October 12-29
UK service providers signalled another increase in business activity during October, but the rate of expansion eased to its weakest since the snow-related soft patch seen in March. The loss of momentum largely reflected more cautious spending patterns among clients, as highlighted by the weakest upturn in more...
The latest Caixin China Composite PMI™ data (which covers both manufacturing and services) signalled only a marginal increase in overall Chinese business activity at the start of the fourth quarter of 2018. Furthermore, the Composite Output Index fell from 52.1 in September to a 28-month low of 50.5.
Japan’s crucial service sector experienced a stronger rate of growth in activity at the start of the fourth quarter. Output was supported by the greatest improvement in demand conditions for almost five-and-a-half years. There were suggestions that, in both cases, growth rebounded as firms looked to recover shortfalls from recent adverse weather conditions. Outstanding business declined despite a softer expansion in employment, while firms retained an optimistic view towards future output. more...
LONDON--(BUSINESS WIRE)--Canadian manufacturers reported a sustained upturn in overall business
conditions in October, but the rate of improvement slowed for the fourth
month running. This was highlighted by a fall in the seasonally adjusted
IHS Markit Canada Manufacturing Purchasing Managers’ Index® (PMI®) to
53.9, from 54.8 in September. The latest reading signalled the weakest
improvement in manufacturing conditions since January 2017. more...
U.S. manufacturing firms signalled a strong start to the final quarter
of 2018, with operating conditions improving at a faster pace in
October. Driving the latest development in the health of the sector was
a sharp increase in new business. The upturn in total new work reached a
five-month high, though only a fractional rise in new export orders was
registered. Greater production requirements and efforts to clear
backlogs meanwhile led to a more...
Conditions in the UK manufacturing sector slowed sharply during October. Output growth weakened, while new order inflows and employment both declined for the first time since July 2016 (the PMI survey directly following the EU referendum). The drop in new business was partly driven by rising global trade tensions and Brexit uncertainties.
Operating conditions in China’s manufacturing sector were little-changed from the previous month in October. Production was broadly unchanged, as total new business rose only slightly. Subdued sales were partly linked to weaker foreign demand, with export sales declining for the seventh month in a row. Relatively soft market conditions contributed to a further drop in workforce numbers, albeit modest, while buying activity rose only slightly. Furthermore, confidence regarding the more...