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factory activity

Japan’s May factory activity grows

Japan’s May factory activity grows

TOKYO: Japan’s manufacturing activity expanded at the slowest pace in three months in May, as supply bottlenecks...
Published 25 May, 2022 04:40am
US manufacturing activity powers ahead in early May; work backlogs rising: survey
World

US manufacturing activity powers ahead in early May; work backlogs rising: survey

  • According to IHS Markit "manufacturers highlighted that strain on capacity and raw material shortages are expected to last through 2021." It noted that the supply crunch was raising production costs for manufacturers, who "made efforts to pass higher cost burdens on to clients."
  • The survey said its measure of new orders increased and that though factories tried to recruit more workers, the pace of hiring was the slowest in five months.
Published 21 May, 2021 07:03pm
China factory activity edges down in April
Business & Finance

China factory activity edges down in April

  • The report added that recovery would likely be seen in the service sector as well, after it was derailed earlier this year by domestic travel restrictions imposed during the Lunar New Year break to prevent further outbreaks.
Published 30 Apr, 2021 10:56am