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US manufacturing persists in recession mode, production falls

CFO Dive

Producers, responding to “election uncertainty” and monetary policy, held back on capital investment last month, the Institute for Supply Management said.

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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 Utilization may be plateauing near the long-term (1972 through 2021) average of 79.6 percent but remains well below the highs of the 1970s when it was above 88 percent.

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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.

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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. Companies opting for these new tax rates will have to forego all exemptions and incentives.

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Manufacturers' Buyers Dive Into The Self-Service Opportunity

PYMNTS

Despite efforts to achieve the B2C-like buying experience, B2B manufacturers have a long way to go before they can offer such capabilities, even as they move online. What CPQ allows is for the online buyer to configure a manufacturer's product to their unique specifications. Product Configurability. Getting Out Of Their Own Way.