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Tag Archives: new orders

Service firms grew slightly faster in July

WASHINGTON — U.S. service companies, which employ 90 percent of Americans, grew at a slightly faster pace in July. The Institute for Supply Management reported Friday that its index of non-manufacturing activity picked up slightly last month with a reading ...

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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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Factory activity grew more slowly in May

WASHINGTON — U.S. manufacturing grew more slowly in May, hampered weaker hiring and declining production. But a measure of new orders rose to a 13-month high, suggesting factory activity will pick up in June. The Institute for Supply Management, a ...

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Manufacturing expanded last month at faster pace

WASHINGTON — U.S. factories grew last month at the fastest pace since June, helped by a jump in new orders and production. The Institute for Supply Management, a trade group of purchasing managers, said Thursday that its manufacturing index rose ...

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Manufacturing growth hits lowest level in 2 years

WASHINGTON — Manufacturers had their weakest growth in two years in July, a sign that the economy could weaken this summer. The Institute for Supply Management, a trade group of purchasing executives, said Monday that its index of manufacturing activity ...

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