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Auto woes drive dip in German industrial output as Brexit nears
Plunging car output drove an unexpected drop in production of German goods in January and an industry body cut its 2019 growth forecast, adding to signs that trade tensions and unease about Brexit are weighing on Europe's largest economy......»»
Industrial production may grow at lower pace in February, economists say
IIP had grown at more than 7 per cent for the third straight month till January.....»»
German factory production slumps for third straight month
German factory production dropped in August for the third straight month in a disappointing trend for Europe's largest economy......»»
Pennsylvania"s unemployment rate remained at 7.3% for February, unchanged from month prior
Pennsylvania's unemployment rate remained unchanged from January to February at 7.3%, according to the Pennsylvania Department of Labor & Industry. The national rate ticked down one-tenth of a percentage point to 6.2%, L&I said. L&I also reported that.....»»
Dollar & Bond Yields Tumble As Core CPI Disappoints, Rent Inflation At 10-Year Lows
Dollar & Bond Yields Tumble As Core CPI Disappoints, Rent Inflation At 10-Year Lows US Consumer Prices were expected to rise for the 8th straight month in January and it did rising 0.3% MoM as expected, leaving year-over-year prices .....»»
Coronavirus pummels U.S. retail sales, industrial production
U.S. retail sales endured a second straight month of record declines in April as the novel coronavirus pandemic kept Americans at home, putting the economy on track for its biggest contraction in the second quarter since the Great Depression......»»
Why It Might Be Time To Consider This Bearish Energy ETF
The energy sector can giveth and taketh away in rapid fashion. For much of this year, it's been the latter, but over the past month the often-volatile S&P Oil & Gas Exploration & Production Select Industry Index (SPSIOPTR) is higher by 26%. read more.....»»
Europe restarts car factories amid uncertain demand
German carmaking giant Volkswagen resumed production at its biggest factory on Monday as part of a broader industry drive to get back to work in Europe, where the coronavirus pandemic has hammered demand and pushed up inventory levels......»»
Texas can"t save oil industry alone, but it can lead, commissioner says
The Railroad Commission hasn't decided whether to impose production limits, but it's likely to hold a public discussion on the issue later this month......»»
Valley leads nation again in year-over-year home rent increases
For the 14th straight month, the Valley had the nation’s largest year-over-year rent increase for single-family homes, an analysis of January statistics from CoreLogic shows. Rents for single-family homes in the Phoenix-Mesa-Scottsdale market were u.....»»
US Manufacturing Production Contracts YoY For 8th Straight Month
US Manufa.....»»
US Factory Orders Tumble In January - Sixth Straight Month Of YoY Contraction
US Factory Orders.....»»
Chicago PMI Rebounds, But Signals Economic Contraction For 8th Straight Month
Chicago PMI Rebounds, But Signals Economic Contraction For 8th Straight Month After January's unexpected plunge .....»»
US Durable Goods Orders Show 6th Straight Month Of Annual Declines
US Durable Goods Orders Show 6th Straight Month Of Annual Declines Following December's surprise jump, Durable Goods Orders were expected to slide in January, and prelimin.....»»
Semiconductor equipment billings drop on-month
Billings among North American manufacturers of semiconductor production equipment dropped 5.9% sequentially in January 2020, according to SEMI......»»
US Manufacturing Production Contracts For 7th Straight Month, Capacity Utilization Tumbles
US Manufacturing Production Contracts For 7th Straight Month, Capacity Utilization Tumbles After falling for 3 of the last 4 months, and following Germany's disastro.....»»
Daimler warns 2019 profits to halve as problems deepen
German luxury carmaker Daimler issued the latest in a procession of profit warnings on Wednesday, hit by costs related to the industry's diesel emissions scandal, heavy investment in electric vehicles and production problems......»»
December U.S. factory activity the weakest in a decade: ISM
The U.S. manufacturing sector contracted in December by the most in more than a decade with order volumes crashing to near an 11-year low and factory employment falling for a fifth straight month, according to an industry report released on Friday......»»
Samsung expected to unveil micro LED plans at CES 2020
Samsung Electronics is expected to unveil plans regarding hardware specifications of its new micro LED displays as well as investment and schedule for micro LED display production at CES 2020 during January 7-10, according to industry sources......»»
U.S. factory sector contracts again in November: ISM
The U.S. economy's manufacturing sector contracted for a fourth straight month in November as new order volumes slid back to around their lowest level since 2012, according to an industry report released on Monday......»»