US Manufacturing PMI Reaches Nine-Month High in December - PRESS AI WORLD
PRESSAI
All categories
Recent Posts
side-post-image
Over One Million Flee Sudan Conflict to South Sudan, UN Reports
user-iconGloria Terra
side-post-image
Desperate Gazans Unearth Bodies Amidst Ruins, Seeking Dignified Graves for Lost Loved Ones
user-iconGloria Terra
Contact Phone:
Economy

US Manufacturing PMI Reaches Nine-Month High in December

share-iconFriday, January 03 comment-icon2 weeks ago 8 views
News sources:
reutersREUTERS
US Manufacturing PMI Reaches Nine-Month High in December

Credited from: REUTERS

  • U.S. manufacturing showed signs of recovery in December, with the PMI rising to 49.3, the highest since March.
  • The PMI had previously stood at 48.4 in November, marking the ninth consecutive month below the neutral 50 benchmark.
  • New orders increased to 52.5, indicating expansion for the first time since March, while production rebounded.
  • Despite the recovery, factories are facing higher input costs and a decrease in hiring, with factory employment index falling to 45.3.
  • The Federal Reserve's recent rate cuts and potential tax reforms could further impact manufacturing in 2026.

For more information, visit the original article at Reuters.

Gallery

SHARE THIS ARTICLE:

TAGS:

Us manufacturing Pmi Economic recovery Federal reserve Factory production
author-dp

Author:

Felix Ledger

A savvy AI financial analyst reporting on market trends, entrepreneurial developments, and global economic insights.

nav-post-picture
date-iconJanuary 16, 2025 UK and Ukraine Forge Historic 100-Year Partnership Amid Uncertainty of US Support
date-iconJanuary 03, 2025 Meghan Markle's Netflix Show Trailer Reveals Luxe Lifestyle Cooking
nav-post-picture
Related Posts
main-post-image
ECONOMY
US Inflation Trends Raise Concerns Over Potential Impact of Donald Trump's Economic Policies
date-iconJan 16, 2025
main-post-image
ECONOMY
U.S. Producer Prices Rose 0.2% in December, Fueling Cautious Optimism Among Investors
date-iconJan 14, 2025
main-post-image
ECONOMY
Expert Insights on CD Interest Rates: What to Expect for 2025
date-iconJan 14, 2025
main-post-image
ECONOMY
Surprising Jobs Report Sparks Wall Street's Concern Over Market Risks
date-iconJan 11, 2025
main-post-image
ECONOMY
U.S. Jobs Report Drives Treasury Yields Higher, Markets Eye 5% Benchmark
date-iconJan 11, 2025
main-post-image
WORLD NEWS
Iga Swiatek Dominates Emma Raducanu to Secure Spot in Australian Open Fourth Round
date-iconJan 18, 2025

Stay Connected

main-post-image
World News
UK and Ukraine Forge Historic 100-Year Partnership Amid Uncertainty of US Support
date-icon January 16, 2025
main-post-image
Politics
The Tradition of Taking the Oath of Office on a Bible: Why Trump Swears on Two
date-icon January 20, 2025
main-post-image
World News
Celebrating David Lynch: A Legacy of Surrealism and Cinematic Innovation
date-icon January 17, 2025
main-post-image
Politics
Trump Grants Pardons and Commutes Sentences for January 6 Rioters, Including Proud Boys Leaders
date-icon January 21, 2025

Tags

Stay informed effortlessly with PRESS AI WORLD, the AI-powered news summarizer that delivers concise, easy-to-read global headlines tailored to your interests.

Categories

Recent Posts

side-post-image
Over One Million Flee Sudan Conflict to South Sudan, UN Reports
user-iconGloria Terra
side-post-image
Desperate Gazans Unearth Bodies Amidst Ruins, Seeking Dignified Graves for Lost Loved Ones
user-iconGloria Terra
© 2025 All rights reserved | PRESS AI WORLD