US manufacturing News
This news of DNA is for those who use Apple products and those who intend to buy iPhone. Recently, it has been seen that iphone 14 or any iphone is not easily available at any shop or at Apple Store. Most of the shopkeepers are saying that Apple products have reduced in the market. So the question is whether Apple has reduced the manufacturing of its products, or is it a marketing strategy.
Apple has been critical of Trump`s immigration orders, bringing a strain in their relation with the President.
US manufacturing posted the fourth straight month of faster expansion in December as new orders and output jumped, pointing to a growing economy, the Institute for Supply Management said today.
The US manufacturing sector grew again in July, marking five straight months of expansion, but at a slower pace than expected, a private survey showed Monday.
Economic activity of the US manufacturing sector in December contracted further, as the impact of a strong dollar continue to play out.
Oil prices lurched 5 percent lower on Monday to their lowest since January, taking global benchmark Brent below $50 a barrel as weak factory activity in China deepened a commodity-wide rout.
Oil prices dived Monday, with Brent crude tumbling about five percent, after new data showed weakening US and Chinese manufacturing and amid worries about the global supply glut.
The US manufacturing industry on Wednesday said it is ready to invest in India but for this it needs Prime Minister Narendra Modi to enact "serious policy reforms" that level the playing field for all and encourage and protect collaboration and innovation.
President Barack Obama has said the US manufacturing sector is growing faster than any other economy and is now in a good position to create jobs.
The July output increase was slightly stronger than analysts expected.
The US manufacturing sector grew at a slightly slower pace in June after hitting the year`s highest level the prior month, the Institute for Supply Management said Tuesday.
US industrial production grew 0.6 percent in May after a weak April, led by strong mining growth, central bank data released Monday showed.
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