Today news
About the same in other media
Fed’s Rate Moves Put Manufacturing Sector at Risk
Reading now: 533
wsj.comThe American manufacturing sector is starting to show signs of weakness after two years of strong growth, as higher interest rates and a slowdown in exports threaten production.
New orders for manufactured goods contracted for the sixth straight month through February, according to surveys by the Institute for Supply Management. Manufacturing output is down 1.7% from its postpandemic peak in May 2022, according to a three-month moving average of Federal Reserve data. And the Commerce Department’s measure of civilian capital equipment orders, excluding aircraft—the building blocks of business—was down 3.4% in January from its recent high in November 2021, after adjusting for inflation.
Read more on wsj.comAbout this in other media
Will the Fed stop rate hikes? 5 things to know in Bitcoin this week cointelegraph.com /1 year ago
Interest rate rises in doubt as fear of new global crisis rattles central banks theguardian.com /1 year ago
Ethereum’s Annualized Deflation Rate Briefly Surpasses 5% - Here’s How That Can Impact The ETH Price cryptonews.com /1 year ago
Show more
The website finance-news.co. is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
