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US factory activity accelerates, uncertainty remains high: survey
US manufacturing activity grew faster in July, reaching a four-year high. The Institute for Supply Management's index rose to 55.6 percent, exceeding expectations. Employment in manufacturing entered expansion territory for the first time in nearly three years. Price volatility and geopolitical tensions impacted some respondents negatively. However, artificial intelligence infrastructure buildout boosted demand for certain sectors.
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supplychaindive.com
US manufacturing expands for seventh month in a row: ISM
Prices are “still too high but going in the right direction,” said Susan Spence, chair of the Institute for Supply Management.
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channelnewsasia.com
Japan's factory output surges to near 12-year high in July, PMI shows
TOKYO, Aug 3 : Japan's manufacturing output expanded in July at its fastest pace in more than 12 years, with across-the-board improvements in sub-indexes, including a 4.5-year…
