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U.S. manufacturing growth cooling; bottlenecks starting to abate

As raw material shortages continued, despite signs of some easing in supply-chain constraints, U.S. manufacturing activity grew at a slower pace in July for the second straight month ....

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Experts say U.S. economy returning to normal, even as factories slow

As raw material shortages continued, despite signs of some easing in supply-chain constraints, U.S. manufacturing activity grew at a slower pace in July for the second straight month ....

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First Solar to Invest $680m in Expanding American Solar

New manufacturing facility in Ohio will be company’s third in the United StatesFactory of the future will expand First Solar’s US manufacturing footprint. ....

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S&P 500 dips, as healthcare weighs; Dow ends higher | Money

Wednesday, 02 Jun 2021 07:39 AM MYT
The S&P 500 financial sector hit a record high, while expected growth in fuel demand boosted oil prices and helped lift the energy sector 3.9 per cent, its biggest one-day gain in nearly four months. ― Reuters pic
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NEW YORK, June 2 The S&P 500 dipped yesterday, with declines in healthcare and tech shares countered by energy and financial gains, as investors weighed the latest US economic data for signs of a rebound and rising inflation.
The S&P 500 financial sector hit a record high, while expected growth in fuel demand boosted oil prices and helped lift the energy sector 3.9 per cent, its biggest one-day gain in nearly four months. The heavyweight tech sector fell while the healthcare sector was dragged down by a weak profit forecast from Abbott Labouratories. ....

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US manufacturing expansion hits one-year mark amid supply backlogs | Money

WASHINGTON, June 1 The US manufacturing sector hit the one-year mark in its recovery from the slump brought on by the Covid-19 pandemic, but factories struggled with snarled supply chains, an industry survey said today. The Institute for Supply Management (ISM) reported its manufacturing index. ....

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