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Last updateFri, 23 Feb 2018 5pm

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U.S. Economy: Manufacturing Weak as Expansion Falters

The slump in U.S. manufacturing deepened while the economy skirted recession, reports showed.

Industrial production declined 0.7 percent in April, the Federal Reserve said in Washington, more than twice the drop forecast by economists.

Source: Bloomberg

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Spirax-Sarco Says Trading Remains Good

Valves and steam trap maker Spirax-Sarco Engineering said trading so far this year confirms its expectations that it will produce another good performance in 2008.

The group however cautioned about the uncertainty over the resilience of the global economy, mainly North America.

Source: Share Cast

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Will Feds Acquiesce To Pressure From Importers?

Importers, foreign companies selling products into the United States, law firms that represent them in trade cases, retailers, trade associations and members of Congress have reacted with vigorous opposition to a proposal by U.S. Bureau of Customs and Border Protection (CBP) to change the way it determines the value of imports.  

Source: Manufacturing & Technology News 

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April 2008 Manufacturing ISM Report On Business

Economic activity in the manufacturing sector failed to grow in April, while the overall economy grew for the 78th consecutive month, say the nation's supply executives in the latest Manufacturing ISM Report on Business.  

Source: Institute for Supply Management 

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