Ulbrich Precision Update - Page 9

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January 2020 // Economic Update Executive SummaryAmericasTHE U.S. FACTORY SECTOR HEADED INTO 2020 ON A WEAK FOOTING, contracting in December for a fifth-consecutive month as trade tensions continued to pressure manufacturing. The USMCA trade deal was signed after Congressional negotiations secured s... Continue Reading
December 2019 // Economic Update Executive SummaryAmericasU.S. MANUFACTURING CONTRACTED FASTER THAN EXPECTED IN NOVEMBER, rekindling worries about the country’s trade wars. It was the fourth-consecutive month of contraction for the ISM manufacturing index. Businesses have reduced production in respo... Continue Reading
November 2019 // Economic Update Executive SummaryAmericasTHE NEWS LAST MONTH OFFERED SOME POSITIVE SIGNS that China and the U.S. may finally be getting closer to a formal trade deal with a tentative agreement on a “phase one” step. The overall U.S. trade deficit widened in the first nine months... Continue Reading
October 2019 // Economic Update Executive SummaryAmericasLAST MONTH'S ECONOMIC DATA supported opposing forecasts for the direction of the U.S. economy. Warnings of a downturn came from the manufacturing and services sectors, as well as news of dwindling business investment and flagging consumer spen... Continue Reading
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