China’s factory output, retail sales growth slow significantly

China’s factory output, retail sales growth slow significantly
An employee inspects a circuit board on the controller production line at a Gree factory, following the coronavirus disease (COVID-19) outbreak in Wuhan, Hubei province, China August 16, 2021. China Daily via REUTERS Factory output rises at slowest pace since July 2020Retail sales takes big hit, with growth lowest since Aug 2020Fixed-asset investment rises slower… Read More

U.S. factory orders beat expectations in June; business spending on equipment solid

U.S. factory orders beat expectations in June; business spending on equipment solid
FILE PHOTO: Autonomous robots assemble an X model SUV at the BMW manufacturing facility in Greer, South Carolina, U.S. November 4, 2019. REUTERS/Charles MostollerWASHINGTON (Reuters) - New orders for U.S.-made goods increased more than expected in June, while business spending on equipment was solid, pointing to sustained strength in manufacturing even as spending is shifting… Read More