Mexican Media Brands
October Sees Moderate Contraction, but Growing New Orders
The GBI for October was 48.3, signaling a fourth month of mildly contracting business activity across the U.S. manufacturing sector. However, total new orders continue to do well. Based on a three-month moving average, the best performing end-market as of October was aerospace, followed by medical equipment manufacturing. The market for construction machinery continued to experience the fastest rate of contracting business activity, mirrored by a similarly enduring contraction in the industrial motors market.
#economics
Share
RELATED CONTENT
-
Ford’s $42 Billion Cash Cow
F-Series pickups generate about 30% of the carmaker’s revenue. The tally is about twice as much as what McDonald’s pulls in.
-
On The German Auto Industry
A look at several things that are going on in the German auto industry—from new vehicles to stamping to building electric vehicles.
-
On Urban Transport, the Jeep Grand Wagoneer, Lamborghini and more
Why electric pods may be the future of urban transport, the amazing Jeep Grand Wagoneer, Lamborghini is a green pioneer, LMC on capacity utilization, an aluminum study gives the nod to. . .aluminum, and why McLaren is working with TUMI.