Greece’s relationship with China could contribute to further growth within manufacturing, as well as overall economic opportunities for the country. According to Ekathimerini News, “[…] in the last three years Greek exports to China have been posting an annual growth rate of 40 percent to exceed 420 million euros in 2013, while Chinese imports to…
The $382 billion global beauty business, with $55 billion in makeup alone, may see an uglier side of the industry with the recent introduction of Mink, a proprietary 3D printer that allows users to print open-source cosmetics. Some of the top makeup manufacturers based in the United States and Europe could now face consumers manufacturing…
The Irish economy is on the up-and-up as manufacturing continued to experience growth in March and again in April, the latest numbers show.
According to The Wall Street Journal’s Money Beat, “A smaller-than-expected trade surplus was a reflection of a fall in iron ore prices and metal ore exports for the month. Still, there is a bright spot in that Australia posted a record A$9.5 billion worth of exports to China — its biggest trading partner — despite…
According to Reuters, “The partners in Israel’s Tamar natural gas field said on Tuesday they had signed a letter of intent with Union Fenosa Gas to export up to 2.5 trillion cubic feet (tcf) of gas over 15 years to a liquefied natural gas (LNG) plant in Egypt. Tamar was discovered in the eastern Mediterranean…
Brazil’s manufacturing and service sectors take a hit as the April PMI shows the country dropped in its service sector. Reuters notes, “Growth in Brazil’s services sector slowed in April as business sentiment soured, a survey showed on Tuesday, suggesting companies increasingly expect little of the windfall they once hoped would come with hosting the…
Bloomberg reports, “The Purchasing Managers’ Index (CPMINDX) was at 50.4, the National Bureau of Statistics and China Federation of Logistics and Purchasing said today in Beijing, less than the 50.5 median estimate of 38 analysts in a Bloomberg News survey. March’s reading was 50.3, with numbers above 50 signaling expansion.”
U.S. manufacturers are canceling out global competition and providing a much-needed boost to the American economy with their increase in April production rates. The data show a trend toward a recovering manufacturing sector, as well as a healthy future.
Critics are worried that India will be unable to achieve the previously projected 10 percent growth rate for manufacturing employment that would serve to boost the Indian economy.
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…