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Manufacturing is weak.
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[C2.] Stocks Fall on Economic News Shares tumbled as new economic data showed that manufacturing was weaker than expected in July.
C1 Market Falls on Economic News Shares tumbled as new economic data showed that manufacturing was weaker than expected in July.
Stocks tumbled yesterday as new economic data showed that manufacturing was weaker than expected in July and several companies reported disappointing earnings.
Updated at 3.05pm GMT 1.58pm GMT US manufacturing slows but growth stays solid US manufacturing was weaker than expected in March but remained reasonably strong, according to the flash Markit purchasing managers' index.
United States manufacturing was weaker last month than at any time in more than two and a half years, and consumers saw their incomes weaken in September as the savings rate turned negative for the first time in 40 years.
The effect on manufacturing is unclear because the manufacturing sector is weak in many of the treated municipalities.
And manufacturing is still weak.
Add in other gloomy evidence, such as a survey of purchasing managers that suggests manufacturing is extremely weak, and it is clear that output is now falling.
The manufacturing sector in Greece is weak.
Though he noted numerous signs of health, he found at least as many reasons for warning that the economy is not yet out of the doldrums: the job market is weak, manufacturing is still in a slump, Europe and Japan are weaker than the United States, and "geopolitical risk" -- the euphemism for a possible war with Iraq -- is high.
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