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Tag: PMI

US Manufacturing Activity Growth Slows in November
According to a survey of purchasing managers released on Dec. 1, factory activity in November was affected by higher energy prices, longer lead times, supplier shortages, and record cost inflation. As a result, U.S. manufacturing...
Chinese Manufacturing Sector Weakens, Power Crisis Remains a Major Threat to Factory Output
China was said to have made a strong economic recovery following the damage unleashed by the COVID-19 pandemic however, the latest manufacturing data and a host of other issues ranging from severe power cuts and...