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US economy shows signs of 'paralysis' as new data reveals hiring slowdown, activity contraction in May
For months, US economic data has shown resilience, with layoffs remaining low and business activity staying steady despite ...
Hosted on MSN23d
US business activity improves in May; inflation poised to accelerate sharply
WASHINGTON (Reuters) -U.S. business activity picked up in May amid a truce in the trade war between Washington and China, but President Donald Trump's sweeping tariffs on imported goods raised ...
US manufacturing activity contracted in May — for a third month
US factory activity contracted in May for a third consecutive month and a gauge of imports fell to a 16-year low as firms ...
CNBCTV1810d
US services sector contracts for first time in nearly a year as demand weakens
US services sector activity declined in May, with ISM index dropping to 49.9, signaling contraction. New orders fell sharply, ...
US economic growth forecast cut sharply due to higher tariffs
The OECD's forecast projects a slowdown in U.S. economic growth due to tariffs, with GDP growth at 1.5% in 2026 and inflation ...
The Business Standard12d
Asia's factory activity shrinks in May as US tariffs bite
Trade-reliant Japan and South Korea continued to see manufacturing activity contract in May as US President Donald Trump's automobile tariffs cloud the outlook for exports ...
LancasterOnline13d
US manufacturing activity contracted in May for a third month
Computer & Electronic Products “Most suppliers are passing through tariffs at full value to us. The position being ... it seems. Business activity is slower and smaller this month.