Growth in worldwide demand for packaging machinery is expected to climb at a 4.6% annual pace through 2017 to $41.8 billion, according to a new study by The Freedonia Group. The study analyzes the currently $33.4 billion world packaging ...
August manufacturing activity picked up where July left off, according to the most recent edition of the Manufacturing Report on Business from the Institute of Supply Management (ISM). The PMI, the index used by the ISM to measure ...
China's non-manufacturing purchasing managers' index (PMI) fell to 53.9 percent in August from 54.1 percent for July, according to official data released on Tuesday. A PMI reading of more than 50 percent indicates expansion in ...
Tags: Non-Manufacturing PMI, economy
As Chinese economy shows signs of picking up, analysts say shadow banking and local government debt, two major financial worries during the past few months, are less likely now to bring down the world' s second-largest economy. While ...
Tags: Local Debts, Financial Crisis
In the second quarter of the current year, South Africa's seasonally adjusted gross domestic product (GDP) increased by three percent quarter on quarter, according to the detailed statistics released by Statistics South Africa. The ...
Tags: Metallurgy, Mineral, Energy, steel
Oil prices went up Thursday as unrest in Egypt bolstered concerns that oil supplies from Middle East may be disrupted. The Middle East accounted for 35 percent of global oil output, according to the International Energy Agency. Egypt ...
Tags: Oil, Metallurgy, Mineral, Energy
Mexico's industrial production fell 2.4 percent in June year-on-year, according to the National Institute of Statistics and Geography (INEGI), well below the expectations of economists who had expected a slight increase of 0.20 percent. ...
Tags: Industrial Production, Mineral
After posting anemic growth of 0.1% in 2012, Latin America's manufacturing sector is poised for moderate growth through 2014, according to a new report. The Manufacturers Alliance for Productivity and Innovation's Latin America ...
Tags: Processing Machinery, Machinery
The appeal of CNC lathes and milling machines for the benefit of manufacturing activity is something that cannot be denied anymore. Not only can reduce the need for labor, can also increase your productivity and reduce waste with the use of ...
The Institute for Supply Management (ISM) reported today that non-manufacturing activity in July had a very solid month. In its Non-Manufacturing Report on Business, the ISM reported that its index used to measure growth—the ...
Tags: Non-Manufacturing
The Institute for Supply Management (ISM) reported Thursday that economic activity in the manufacturing sector expanded in July for the second consecutive month, and the overall economy grew for the 50th consecutive month. The Purchasing ...
Tags: Manufacturing Activity
Manufacturing activity in July continued its solid turnaround since dropping to its lowest levels since June 2009 in May, according to the Institute for Supply Management's monthly Manufacturing ISM Report on Business. The PMI, the index ...
Tags: Processing Machinery
Natural rubber surpluses and poor demand, especially from China, will weigh on spot prices for the commodity, Germany's Commerzbank said in a report issued Tuesday. "Several years of supply surpluses on the global rubber market have ...
Tags: Natural rubber, Chemicals
The Australian dollar is almost one US cent lower after figures from China showed manufacturing activity in the world's second largest economy slowed to an 11-month low in July. At 6.30am AEST the local unit was trading at 91.69 US cents, ...
Tags: Australian Dollar, China Flash PMI
The results of the quarterly Manufacturers Alliance for Productivity and Innovation (MAPI) Business Outlook point to a degree of renewed momentum in manufacturing activity over the next three to six months. The survey's composite index is ...