All posts tagged "Manufacturing"

• Stocks Sink, Weighed Down by another Drop in Price of Oil

  NEW YORK – Another steep drop in the price of oil weighed on global markets Tuesday. Investors remained deeply concerned about the global economy following this week’s disappointing Chinese and U.S. manufacturing data. Energy stocks fell as...

  • Posted February 2, 2016
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• US Stocks Edge Mostly Lower as Energy Prices Plunge Again

  NEW YORK – The stock market was able to recover from steep losses to close slightly lower on Monday as investors looked past another steep drop in the price of oil and renewed concerns about economic growth...

  • Posted February 1, 2016
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• US Manufacturing Weakens in Line with China Factory Slowdown

  WASHINGTON – Factory activity in the world’s two biggest economies – the United States and China – slowed in January, a discouraging trend for the global economy. U.S. factory activity shrank in January for a fourth straight...

  • Posted February 1, 2016
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• US Business Stockpiles and Sales Fall in November

  WASHINGTON – U.S. businesses reduced their stockpiles in November, as sales also slipped. The decline in inventories among manufacturers and merchant wholesalers could fan worries about economic growth slowing at the end of 2015. November business inventories...

  • Posted January 15, 2016
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• US Industrial Production Declined Again in December

  WASHINGTON – U.S. industrial production dropped for the third straight month in December as utilities reduced output amid unusually warm weather and energy companies cut back in the face of falling oil prices. Industrial production, which includes...

  • Posted January 15, 2016
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• Chinese Buying Spree Accelerates with Takeover of GE Unit

  BEIJING – Haier Group, the world’s biggest home appliance maker, is buying General Electric Co.’s appliance business for $5.4 billion to expand its U.S. and global presence. The acquisition announced Friday comes as Haier tries to transform...

  • Posted January 15, 2016
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• GE Cutting Thousands of European Jobs after Takeover Deal

  PARIS – General Electric Co. is cutting up to 6,500 jobs in Europe after buying a big chunk of French engineering company Alstom, but sticking to pledges to create a net 1,000 jobs in France. The French...

  • Posted January 13, 2016
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• Stocks Hit 2-month Lows as Oil Dives and China Worries Flare

  NEW YORK – U.S. stocks tumbled to two-month lows Wednesday as fears about China’s economy slowing down led to more widespread selling. The price of oil plunged to its lowest level since 2008 on the prospect that...

  • Posted January 6, 2016
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• US Manufacturing Shrinks for 2nd Month Amid Global Slowdown

  WASHINGTON – U.S. manufacturers contracted in December at the fastest pace in more than six years as factories cut jobs and new orders shrank. The Institute for Supply Management said Monday that its index of factory activity...

  • Posted January 4, 2016
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• Hired Labor’s Share of Income Is Lowest in Puerto Rico

  The following is an Issue Brief posted Tuesday by the Heritage Foundation, a Washington, D.C.-based research and educational institution whose mission is to “formulate and promote conservative public policies based on the principles of free enterprise, limited...

  • Posted December 29, 2015
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