Manufacturing growth is stronger in June: ISM
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Manufacturing growth accelerated in June to its fastest in over a year as the economy picked up momentum, according to a report published on Monday.
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US employers added 132,000 new jobs in June, higher than market expectations, official figures show.
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BANGALORE, India India&#39;s economy expanded by a more-than-expected 7.4 percent in the April-to-June quarter, buoyed by strong growth in manufacturing and services, the government announced on Thursday.
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July factory orders rose the most in four months, exceeding forecasts, and productivity gains slowed last quarter, two government reports released yesterday showed.
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Manufacturing output climbed by 0.4 percent in August compared with output the previous month, official data has shown.
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Growth in the service sector rose unexpectedly in June, while the job market also appeared to pick up some steam, according to reports on Thursday that signaled strength in the economy.
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The nation's manufacturing sector extended its growth streak to a fourth consecutive month in May, overcoming worries about inflation, soaring gas prices and the broader economy's sluggishness, a research group said Friday.
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Statistics from June mean more waiting for investors.
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This has been another month of growth for manufacturing and the economy in general, although the latest monthly report on business from the Institute for Supply Management (ISM) indicates that the rate of manufacturing growth is slowing down.
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The economy headed into the summer with better momentum, propelled by a manufacturing rebound and consumers who eagerly went shopping and sightseeing despite high gas prices.
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NEW YORK Oct. 1, 2004 - Manufacturing activity remained strong in September and construction spending surged to a record high in August, according to a pair of reports issued Friday that provided an optimistic look at the sturdiness of the economy.
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Employers added a stronger-than-expected 132,000 new jobs in June and also boosted payrolls more strongly than previously thought in April and May.
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The nation's service economy expanded at a faster-than-expected clip in June, a research group said Thursday, suggesting soaring gas prices and inflation aren't dampening strength in industries such as banking, retail and travel.
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The economy grew at a 3.8 percent annual rate in the April-to-June quarter, slightly less robust than a previous estimate of a 4 percent growth rate.
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Manufacturing activity marked its 18th straight month of expansion in November, a research group reported today, and the rate of growth was faster than economists had expected.
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Output in the UK's manufacturing sector rises for the fourth month in a row, official figures show.
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U.S. manufacturing growth slowed in  June, with employment weakening but the pace of new orders  picking up, according to a survey published on Monday.