Manufacturing PMI® at 46.7%; November 2023 Manufacturing ISM® Report On Business®

Manufacturing PMI® at 46.7%; November 2023 Manufacturing ISM® Report On Business®

New Orders and Backlogs Contracting; Employment and Production Contracting; Supplier Deliveries Faster; Raw Materials Inventories Contracting; Customers’ Inventories Too High; Prices Decreasing; Exports and Imports Contracting TEMPE, Ariz., Dec. 1, 2023 /PRNewswire/ — Economic activity in the manufacturing sector contracted in November for the 13th consecutive month following a 28-month period of growth, say the nation’s supply executives … Read more

Hospital PMI® at 52.1%; October 2023 Hospital ISM® Report On Business®

Hospital PMI® at 52.1%; October 2023 Hospital ISM® Report On Business®

TEMPE, Ariz., Nov. 7, 2023 /PRNewswire/ — Economic activity in the hospital subsector grew in October for the second consecutive month after contracting twice in the previous four months, with 35 consecutive months of growth prior to that, say the nation’s hospital supply executives in the latest Hospital ISM® Report On Business®. The report was issued … Read more

Wall Street loses ground as weak stretch continues

Wall Street loses ground as weak stretch continues

A man rides on a bicycle past the New York Stock Exchange, Tuesday, Sept. 13, 2022, in New York.Julia Nikhinson/AP Stocks fell again Wednesday, extending Wall Street’s weak stretch this holiday-shortened week. The S&P 500 dropped 0.7%. After two days of trading, the benchmark index has lost nearly half of its gains from last week. … Read more