U.S. manufacturing activity hits 14-month high

July 1st, 2020|

U.S. manufacturing activity rebounded in June, hitting its highest level in more than a year as the broader economy reopened, but rising COVID-19 infections threaten the recovery. The Institute for Supply Management (ISM) said on

Another Sharp Revival for a Fed Manufacturing Index

June 25th, 2020|

By Andrew Cinko (Bloomberg) -- It won’t move markets, but the Kansas City Fed manufacturing U-turn will add to the positive part of the economic backdrop. Among the sub-indexes that drove the improvement is new orders, which is