7,855.06 TL BIST 100 BIST 100
28.92 $ USD USD
€31.16 EUR EUR
38.38 TL Interest Interest
74.67 $ Fossil Oil Fossil Oil
23.80 $ Silver Silver
3.75 $ Copper Copper
132.52 $ Iron Ore Iron Ore
387.00 $ Ship Dismantling Ship Dismantling
1,883.86 TL Gold (gr) Gold (gr)

US manufacturing sector continues to contract

ISM released its manufacturing index for august. Accordingly, the ISM manufacturing index rose by 1.2 points to 47.6 in August from July.

US manufacturing sector continues to contract

The data, which exceeded market expectations, was estimated at 47 for the period. The index, which indicates that economic activity in the manufacturing sector has contracted for the tenth consecutive month, stood at 46.4 in July.

While the production index rose by 1.7 points to 50 on a monthly basis in August, the new orders index fell by 0.5 points to 46.8. Over the same period, the employment indicator rose by 4.1 points to 48.5.

During this period, 5 manufacturing sub-sectors grew and 13 contracted.
Clothing, furniture, plastics and rubber, electrical equipment, fabricated metal products, chemicals, wood products and machinery, computers and electronics were among the sectors that contracted.


No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Industrial production index narrowed

Wednesday, December 6, 2023

Vietnam Hoa Phat leads the market by raising prices

Tuesday, December 5, 2023

Omnibus law could shut down trade: Worried business community

Tuesday, December 5, 2023

30 billion dollars of trade between Turkiye and Saudi Arabia!

Monday, December 4, 2023

"Cement is not a commercial issue, it is an essential part of our life safety"

Monday, December 4, 2023
Follow List
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.

There are no news categories you follow
Edit Notification Preferences

Global Iron and Steel Exchanges

Iron and Steel Indices, Price and News

E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now