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Montevideo, April 23rd 2024 - 17:52 UTC

Tag: manufacturing activity

  • Thursday, February 28th 2019 - 09:15 UTC

    US trade deficit widens sharply in December: imports increase, exports drop

    The goods trade deficit jumped 12.8% to US$79.5 billion in December, boosted also by an increase in imports

    The US trade deficit widened sharply in December as slowing global demand and a strong dollar weighed on exports, another sign that economic growth slowed in the fourth quarter. Other data from the Commerce Department on Wednesday showed new orders for US-made goods barely rose in December and business spending on equipment was much weaker than previously thought, pointing to a softening in manufacturing activity.

  • Thursday, February 28th 2019 - 09:10 UTC

    China's manufacturing activity shrinks for a third straight month in February

    The Purchasing Managers' Index (PMI), a gauge of factory conditions, came in at 49.2 for the month, down from 49.5 in January, according to Bureau of Statistics

    China's manufacturing activity shrank for a third straight month in February, sinking to its worst performance in three years as the economy slows and the US trade war bites, official data showed on Thursday. The Purchasing Managers' Index (PMI), a gauge of factory conditions, came in at 49.2 for the month, down from 49.5 in January, according to the National Bureau of Statistics (NBS).

  • Monday, June 4th 2018 - 08:13 UTC

    Brazilian manufacturing activity slows down for second month in May

    New orders slowed for a third straight month, suggesting growing uncertainty around this year's presidential elections are weighing on demand

    The growth of manufacturing activity in Brazil slowed for a second straight month in May, a private survey showed on Friday, a sign that a weaker currency and political uncertainty are taking a toll on Latin America's largest economy.