Assistant VP, Digital Advocacy Strategy
The National Association of Manufacturers
202-555-1212
Manufacturing activity grew at a slower pace in the Tenth District in October, with the month-over-month composite index decreasing to 11 from 14 in September. Meanwhile, expectations for future activity rose from 19 to 22. The slowdown reflected softer activity among both durable and nondurable goods manufacturers. All indices except those for backlogs of orders…
The S&P Global Flash U.S. Manufacturing PMI edged up from 55.9 to 56.0 in October, a 53-month high. Factory production and new order growth slowed but remained elevated. Meanwhile, manufacturing employment rose at its fastest rate since March 2012. Inventories increased in October, while supplier delivery times lengthened to the greatest degree since July 2022…
Building permits decreased 0.2% in September and 3.0% over the year. Permits for single-family homes in September fell 4.0% and 4.8% over the year. At the same time, permits for buildings with five or more units rose 5.9% from August and 1.0% over the year. In September, housing starts declined 5.2% from August and 7.4%…
