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Tag Archives: institute for supply management

Manufacturing shrinks for first time in 3 years

WASHINGTON — U.S. manufacturing shrank in June for the first time in nearly three years, adding to signs that economic growth is weakening. Production declined, and the number of new orders plunged, according to a monthly report released Monday by ...

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Hiring slows sharply in April, just 115K jobs added

WASHINGTON — U.S. employers pulled back on hiring in April for the second straight month, evidence of an economy still growing only sluggishly. The unemployment rate dipped, but only because more people gave up looking for work. The Labor Department ...

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Factory orders fell in March by most in 3 years

WASHINGTON — Demand for U.S. factory goods dropped in March by the most in three years, driven lower by a sharp fall in volatile orders for commercial aircraft. Still, more recent data suggest the decline may be temporary. The Commerce ...

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Manufacturing grows at fastest pace since June

WASHINGTON — U.S. manufacturing grew last month at the fastest pace in 10 months. New orders, production and a measure of hiring all rose. The strength at U.S. factories suggests the economy is healthier than recent data had indicated. That’s ...

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