It’s all good news for U.K. manufacturing following the latest numbers to come out of the Purchasing Manager’s Index (PMI). Bloomberg’s BusinessWeek notes, “A Purchasing Managers’ Index advanced to 57.3 from 55.8 in March, Markit Economics said in a statement in London today. The median estimate of 32 economists in a Bloomberg News survey was…
The latest reports show that Japan looks good as the main Asian manufacturer of the latest Boeing model. The latest move is a continuation of the agreement with Boeing that has seen Japan building its planes for almost two decades.
Bad news for Russia all around as Standard & Poor’s downgrades the country’s credit rating to near junk. The Russian economy has not been growing at a rate that would suggest the country will dust itself off from the rating anytime soon.
As of May 1, infant formula manufacturers will face new, stricter regulations by the Chinese government. Analysts expect the move will primarily affect infant formula companies based in New Zealand.
For years, companies in the U.S. have found it cheaper and more efficient to manufacture goods in China, which helped make China the world’s second-largest economy. This, however, also decreased manufacturing gains in America. In 2014, experts have seen a steady reversal, causing China’s economy to struggle. Conversely, the economic landscape in America is finally…
The cost of coffee, including by-the-cup and grocery store bag sales, is expected to rise in cities all over the world due to a coffee manufacturing shortage related to drought in Brazil, exporter of one-third of the world’s coffee supply.
Analysts believe several factors are now coming together to rekindle the British economy, and manufacturing is at the top of the list with confidence soaring as companies return to top production rates.
In the latest report from Global Post, “Japanese carmaker Toyota said employees at its strike-hit complex in southern India returned to work Tuesday [April 22], ending a five-week standoff.” The Bidadi Toyota plant was recently under fire by its own employees. The workers cited pay issues that stemmed from an eight-day lockout that took place…
Economists are gaining confidence in Canada’s manufacturing sector. February was a particularly strong month for auto and energy manufacturing. The latest numbers show the country may be on its way out of the economic slump that has weighed heavily on all its industries since 2008.
The Port of Los Angeles, California saw almost double the number of container shipments in March. What’s the reason for this 34 percent increase that resulted in 503,168 container units? Read on to find out what natural events and market changes prompted the recent increase.