Markets

US manufacturing activity sees first quarterly decline since 2017

Industrial output unexpectedly fell in March, the Federal Reserve said Tuesday. The data was the latest pointing to slowing activity in the manufacturing sector, which economists say could enter a mild recession this year. Economists say the slowdown is in part due to the fading effects of stimulus measures, but […]
US manufacturing activity sees first quarterly decline since 2017
Markets

China’s disappointing data dump weighs on Asia stocks

Asian stocks fell on Thursday after China released disappointing industrial, employment and retail data. The uninspiring figures come after the world’s second-biggest economy cut its growth forecast to the lowest level in nearly 30 years. Asian stocks slid on Thursday after China released a raft of uninspiring industrial, employment and […]
China’s disappointing data dump weighs on Asia stocks
Markets

China’s latest economic report card was a little disappointing

China just released a raft of major economic data for April, and most of it was pretty soft. At least for Chinese standards. Annual growth in retail sales and urban fixed asset investment fell to multi-year lows, but industrial output bucked the trend. Unemployment fell to 4.9%, down 0.2 percentage […]
China’s latest economic report card was a little disappointing
Markets

Chinese economic data continues to impress

China’s latest batch of economic data has impressed once again, continuing the theme seen earlier this month. According to China’s National Bureau of Statistics (NBS), industrial output grew by 6.1% in the year to November, coming in slightly above forecasts for an increase of 6.0%. While down on the 6.2% […]
Chinese economic data continues to impress
Markets

Global industry just had its strongest quarter in 6 years

There are plenty of encouraging signs for the global economy in 2017, and here’s another one. According to analysts at Macquarie Research, global industrial production just enjoyed its strongest quarter of growth in nearly six years. Industrial production (IP), measuring output of mining, utilities and manufacturing firms, rose by a […]
Global industry just had its strongest quarter in 6 years