Activity in the U.S. manufacturing sector grew at a slower rate in the month of December, according to a report released by the Institute for Supply Management on Tuesday.The ISM said its manufacturing PMI slid to 58.7 in December from 61.1 in November. While a reading above 50 still indicates growth in the sector, economists had expected the index to show a much more modest decrease to 60.2.With ...
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Forex News
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.