China’s manufacturing sector sank to its lowest point in six months this August, as factory gate prices plummeted and manufacturers struggled to secure new orders, according to an official survey released on Saturday. The continued decline in manufacturing activity is… Read More ›
Day: August 31, 2024
U.S. Consumer Spending Surge Signals Economic Resilience Amid Inflationary Concerns
U.S. consumer spending experienced a robust increase in July, reinforcing the notion that the economy maintained its strength in the early part of the third quarter. This development has led to speculation that the Federal Reserve may reconsider a half-percentage-point… Read More ›