The odds of recession are rising, but the U.S. economy is not doomed to a downturn

The following article originally appeared on MarketWatch https://www.marketwatch.com/story/the-odds-of-recession-are-rising-but-the-u-s-economy-is-not-doomed-to-a-downturn-11655479959 By Jeffry Bartash High inflation and rising interest rates are slamming the brakes on U.S. growth, economists say, but there’s still a narrow chance to avoid a second recession in three years. The outlook is not looking good, to be sure. The economy shrank in the first …

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New Survey Shows Manufacturers Remain Resilient as Recession Concerns Rise

The National Association of Manufacturers released its Q2 2022 Manufacturers’ Outlook Survey. Conducted from May 17 to May 31 of this year, the survey provides valuable insight into manufacturers’ significant concerns around recession, inflation, hiring, and China competition legislation. “Through multiple crises, manufacturers have proven remarkably resilient, but there’s no mistaking there are darker clouds …

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U.S. Manufacturing Output Softens in May

U.S. Manufacturing

New information has shown that production at U.S. factories unexpectedly fell in May, the latest in a string of cooling economic activity as the Federal Reserve aggressively tightens monetary policy to tame inflation. Slowing growth was indicated in other data showing a gauge of future economic activity declining in May for a third straight month. …

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December 2021 Manufacturing ISM® Report On Business®

December 2021 Manufacturing ISM® Report

Manufacturing PMI® at 58.7% New Orders, Production and Employment Growing Supplier Deliveries Slowing at a Slower Rate; Backlog Growing Raw Materials Inventories Growing; Customers’ Inventories Too Low Prices Increasing; Exports and Imports Growing (Tempe, Arizona) — Economic activity in the manufacturing sector grew in December, with the overall economy achieving a 19th consecutive month of …

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November 2021 Manufacturing ISM®Report On Business®

Manufacturing ISM Report

Manufacturing PMI® at 61.1% New Orders, Production and Employment Growing Supplier Deliveries Slowing at a Slower Rate; Backlog Growing Manufacturing Inventories Growing; Customers’ Inventories Too Low Prices Increasing; Exports and Imports Growing (Tempe, Arizona) — Economic activity in the manufacturing sector grew in November, with the overall economy achieving an 18th consecutive month of growth, …

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October 2021 Manufacturing ISM®Report On Business®

ISM Manufacturing Report

Manufacturing PMI® at 60.8% New Orders, Production and Employment Growing Supplier Deliveries Slowing at Faster Rate; Backlog Growing Manufacturing Inventories Growing; Customers’ Inventories Too Low Prices Increasing, Exports Growing and Imports Contracting (Tempe, Arizona) — Economic activity in the manufacturing sector grew in October, with the overall economy achieving a 17th consecutive month of growth, …

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August 2021 Manufacturing ISM® Report On Business®

Manufacturing PMI® at 59.9% New Orders and Production Growing; Employment Contracting Supplier Deliveries Slowing at Slower Rate; Backlog Growing Raw Materials Inventories Growing; Customers’ Inventories Too Low Prices Increasing; Exports and Imports Growing (Tempe, Arizona) — Economic activity in the manufacturing sector grew in August, with the overall economy notching a 15th consecutive month of …

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American Companies Added 692,000 New Jobs in June, Says New Data 

employment

In recent months, the U.S. economy has been rebounding from the Covid-19 pandemic with an increasing number of new jobs. Now, a new report further indicates just how well the economy is recovering.  According to new data from the ADP Research Institute, private-sector employment increased by 692,000 from May to June. This follows a massive …

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New Study Shows Where Manufacturing is Thriving in the U.S. 

Manufacturing has continued to rise in the U.S., especially as the sector sees increased activity from the initial hit of the Covid-19 pandemic. Now, a new study by AdvisorSmith, a business advising company, shows where exactly manufacturing is at its strongest.  The study, taken across 294 different American towns and cities from 2015 to 2019, …

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