manufacturing
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Top StoriesFrench Manufacturing Activity at Seven-Month Low in May -PMI
Top StoriesItaly May Manufacturing Growth Slows Amid Shortages, Weak Demand -PMI
Backlogs, More Staff Help German Factories Against Headwinds -PMI
Date: June 1, 2022
BERLIN (Reuters) – German manufacturers slightly increased outputs in May, buoyed by order backlogs, increased staffing and, in some cases, improved materials availability, but a further decline in new orders mean rough seas ahead, a survey found on Wednesday. S&P Global’s final Purchasing Managers’ Index (PMI) for manufacturing, which accounts for about a fifth of...
UK Factory Activity Edges up From March’s One-Year Low – PMI
Date: May 3, 2022
By David Milliken LONDON (Reuters) – British factory activity edged up in April after slowing to its weakest in just over a year in March following Russia’s invasion of Ukraine, but manufacturers were wary about the outlook as costs leapt and demand faltered, a survey showed on Tuesday. The S&P Global/CIPS manufacturing Purchasing Managers’ Index...
Supply Disruption, Weaker Demand Cloud Outlook for German Manufacturers – PMI
Date: May 2, 2022
BERLIN (Reuters) – Supply disruption and weaker demand weighed on German manufacturing activity in April as the war in Ukraine and COVID-19 lockdowns in China worsened the outlook for goods producers in Europe’s biggest economy, a survey showed on Monday. IHS Markit’s Final Purchasing Managers’ Index (PMI) for manufacturing, which accounts for about a fifth...
Shortage of Materials in German Manufacturing Eases Slightly – Ifo
Date: April 29, 2022
BERLIN (Reuters) – A shortage of materials in the German manufacturing industry has eased slightly, the Ifo economic institute said on Friday after it surveyed 2,000 companies in the sector. In April, 75.0% of companies complained about bottlenecks and problems procuring intermediate products and raw materials, down from 80.2% in March, Ifo said. “It would...
Confidence Among UK Factories Drops by Most Since Start of Covid Crisis – Cbi
Date: April 25, 2022
LONDON (Reuters) -Optimism among British manufacturers has fallen at its fastest pace since the start of the coronavirus crisis as orders slowed and prices leapt, a survey showed, adding to signs of a slowdown in the economy on the back of rising inflation. The Confederation of British Industry said its quarterly measure of confidence among...
Honeywell Seeking More Suppliers as It Works to Support Boeing, Airbus Plane Targets
Date: April 11, 2022
By Abhijith Ganapavaram BENGALURU (Reuters) – Aerospace parts maker Honeywell International Inc said it was exploring adding more suppliers as it prepares to meet higher demand from planemakers Boeing Co and Airbus SE, which are ramping up production to cater to a surge in air travel. Honeywell, which builds everything from engines to cockpit components,...