manufacturing

The ball got rolling in Asia as China's official manufacturing PMI eased to 50.1 from 50.4 in January. The details were poor, even if not that surprising after the HSBC measure. New orders fell to 50.1 from 51.6 and new export orders fell…

Historical data shows conditions peaking in late winter to early spring and declining later in the year.

Earlier in the week, I wrote a post on Latvia which explained why there is limited applicability of Latvia's travails with austerity for larger economies in the euro zone. One place where Latvia does have applicability, however, is Ireland.

Today the Wall Street Journal is reporting that German industrial output for the 4th quarter of 2012 likely fell below the output for the 3rd quarter, making it possible that Germany could lapse into recession.

Australian property market is seeing transaction volume fall. Preliminary Melbourne sales data for 2012 from the Real Estate Institute of Victoria says that 69,000 home sales were registered last year. While that is a fall of only 3,000…

By Sober Look As discussed earlier (see post), US manufacturing data for November shows shrinking inventories. This is true for both the ISM survey ... ISM Inventories index (source: ISM) as well as the Markit PMI index: US Markit…

Yesterday the ISM Manufacturing Report on Business came out and it showed a large decline in the US manufacturing sector. The headline PMI number of 49.5% means that the US manufacturing sector is below the 50% threshold that separates…

 If you look at the recent economic data coming out of China, it is clear the economy is in a bottoming process. The question is whether the measures used to keep the economy from sliding further are sustainable. The most recent piece of…

By Marc Chandler The dollar initially fell against the yen in the immediate knee-jerk reaction to S&P two-notch cut of Spain's sovereign rating.  It dipped briefly below JPY78.  However, it has rebounded smartly and is holding above…

This is the first of a few daily links posts. Here I want to concentrate on the economy in light of the manufacturing data released earlier today. I was on BNN today for the headline show at 12:30 and I said pretty much the same thing I…