Manufacturing sector articles
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UK manufacturing sector shrinks again as firms impacted by shipment delays
The influential S&P Global/CIPS UK manufacturing PMI survey dropped to 49.1 in April, having hit a 20-month high of 50.3 in the previous month.
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UK and US manufacturing sectors shrink as new orders fall and prices rise – as it happened
The UK's manufacturing sector suffered a fresh downturn last month as disruption to shipments in the Red Sea hit firms.
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US manufacturing sector regresses in April; prices paid near two-year high
U.S. manufacturing contracted in April amid a decline in orders after briefly expanding in the prior month, while a measure of prices paid by factories for inputs approached a two-year high. The Institute for Supply Management (ISM) said on Wednesday that its manufacturing PMI dropped to 49.2 last month from 50.3 in March, which was the highest and first reading above 50 since September 2022. A PMI reading above 50 indicates growth in the manufacturing sector, which accounts for 10.4% of the...