The US manufacturing sector expanded in January, marking a significant turnaround after 26 consecutive months of contraction, ...
Economists polled by Reuters had forecast the services PMI edging up to 54.3. A PMI reading above 50 indicates growth in the ...
The news signifies a return to growth after more than two years. Many manufacturers are bracing, however, for possible fallout from the Trump administration’s recent tariff proposals.
The New Export Orders Index reading of 52.4% is 2.4 percentage points higher than the ‘unchanged’ reading of 50% registered ...
The Institute of Supply Management Manufacturing Purchasing Managers Index Report on Business is based on data compiled from monthly replies to questions asked of purchasing and supply executives ...
Business conditions are improving rather sluggishly, according to the latest Stanbic Bank Kenya Purchasing Managers’ Index (PMI). The index recorded a score of 50.5 amid sustained higher ...