manufacturing Archive

Lego shortage to hit Europe, but not U.S.

There’s no reason for U.S. moms to panic about the latest headlines saying that Lego will run out of bricks before Christmas. The Danish toy maker will only struggle to meet demand in some European markets, while the U.S. is expected to be fully supplied with the colorful play parts for the holidays, according to [&hellip

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American manufacturing is in trouble, but a red flag for the sector is about to go away

Source photo American manufacturing is in recession. This week, new regional surveys from the New York and Philadelphia Federal Reserve banks showed that the sector is in contraction. Production at factories also fell for a second straight month, according to Federal Reserve data released Friday. Global demand has slowed, low oil prices are hammering the [&hellip

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U.S. and euro zone business improves, Asia a concern

Global manufacturing and service sector activity expanded in August at the same pace as in July, with both the U.S. and euro zone doing better than Asia, according to purchasing manager surveys. “Scratching beneath the headline numbers, however, reveals an ongoing disparity between the relatively strong performance of the developed nations whereas growth in the [&hellip

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European manufacturing is shaping up worse than expected

It’s manufacturing PMI day in Europe today, meaning we’re getting a reading on how the sector is doing in key economies across the continent. Markit’s Purchasing Managers Index (PMI) gives an idea of business conditions as a whole across sector. Any reading above 50 signals growth, while anything below means the manufacturing industry is shrinking. [&hellip

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