From Investing.com: 2025-01-06 03:19:00

The December manufacturing data exceeded expectations, reaching a 9-month high at 49.3. Although still in contraction territory, the index has increased for the second consecutive month. Seven out of 18 industries reported growth. New orders index rose to 52.5, production increased to 50.3, but employment index dropped to 45.3 for the seventh straight month. Input costs rose to 52.5, potentially leading to higher consumer prices. Despite challenges, there are signs of improvement in the manufacturing sector. The upcoming service sector report will provide further insight into the overall economy’s health.



Read more at Investing.com: Signs of Life in the Manufacturing Sector?