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Manufacturing-Sector Contracts Again in December

CFO News Room

The Institute for Supply Management’s Manufacturing Purchasing Managers’ Index fell to 48.4 The survey suggests the manufacturing sector contracted in December (see the first chart). manufacturing sector again contracted, with the Manufacturing PMI at its lowest level since the coronavirus pandemic recovery began.

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Manufacturing Sector Declines in November

CFO News Room

Manufacturing output – about 74 percent of total output – posted a 0.6 From a year ago, manufacturing output is up 1.4 Manufacturing utilization fell to 78.9 Robert Hughes joined AIER in 2013 following more than 25 years in economic and financial markets research on Wall Street. Caution is warranted. Robert Hughes.

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October Manufacturing-Sector Survey Suggests Continued Weakening…

CFO News Room

The Institute for Supply Management’s Manufacturing Purchasing Managers’ Index fell to 50.2 Still, the level is down sharply from the March 2021 peak, suggesting the manufacturing sector was essentially unchanged for the month (see the first chart). percent in October, slightly above the neutral 50 level.

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Motor Vehicle Production Boosts Manufacturing Output in October

CFO News Room

Manufacturing output – about 74 percent of total output – posted a 0.1 From a year ago, manufacturing output is up 2.4 Manufacturing utilization was unchanged at 79.5 Overall, industrial output fell in October while manufacturing output rose on a gain in motor vehicle production; many other areas were weak. Robert Hughes.

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Asia Pacific economic outlook remains bright

Future CFO

The Asia Pacific economic outlook is expected to remain bright in 2024 after a rapid expansion in 2023, said Rajiv Biswas, Asia Pacific Chief Economist at S&P Global Market Intelligence recently. Asia Pacific economic outlook: Medium-term According to Biswas, the region’s medium-term outlook is as follows.

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1st Quarter 2024 Economic And Market Outlook: Potential Increased Volatility, Threats To Economic Growth, And Equity Markets

Nerd's Eye View

Yet, by taking a measured look at factors driving economic activity and influencing behavior, advisors can help clients face risks they can't control and (hopefully) position themselves to take advantage of opportunities as they develop. Meanwhile, a smorgasbord of potential risks threatens economic growth's "soft landing" narrative.

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Concessional corporate tax rate: Govt wants private companies to set up new manufacturing units fast

CFO News Room

The government wants new domestic companies to set up their manufacturing units in India fast and hence the concessional tax rate of 15 per cent has been extended by a year till March 2024, Revenue Secretary Tarun Bajaj said on Friday. The direct tax collection estimates for the 2021-22 fiscal has been revised upwards from Rs 11.08