Manufacturing sector performance

FILE - In this Nov. 20, 2019, file photo, workers are shown at an Apple manufacturing plant in Austin, Texas. American factories slowed for the third consecutive month in May as they continued to sustain economic damage from the coronavirus pandemic. The Institute for Supply Management, an association of purchasing managers, said Monday, June 1, 2020, that its manufacturing index came in at 43.1 last month after registering 41.5 in April. Anything below 50 signals that U.S. manufacturers are in retreat. (AP Photo/ Evan Vucci, File)
June 01, 2020 - 8:32 am
WASHINGTON (AP) — American factories slowed for the third consecutive month in May as they continued to sustain economic damage from the coronavirus pandemic. The Institute for Supply Management, an association of purchasing managers, said Monday that its manufacturing index came in at 43.1 last...
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A woman walks into a closing Gordmans store, Thursday, May 28, 2020, in St. Charles, Mo. Stage Stores, which owns Gordmans, is closing all its stores and has filed for Chapter 11 bankruptcy. (AP Photo/Jeff Roberson)
May 29, 2020 - 8:28 am
WASHINGTON (AP) — U.S. consumer spending plunged by a record-shattering 13.6% in April as the viral pandemic shuttered businesses, forced millions of layoffs and sent the economy into a deep recession. Last month's spending decline was far worse than the revised 6.9% drop in March, which itself had...
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FILE - In this Feb. 26, 2019, file photo, Jeep vehicles are parked outside the Jefferson North Assembly Plant in Detroit. Defying a wave of layoffs that has sent the U.S. job market into its worst catastrophe on record, at least one major industry is making a comeback: Tens of thousands of auto workers are returning to factories that have been shuttered since mid-March due to fears of spreading the coronavirus. (AP Photo/Carlos Osorio, File)
May 15, 2020 - 7:37 am
DETROIT (AP) — Defying a wave of layoffs that has sent the U.S. job market into its worst catastrophe on record, at least one major industry is making a comeback: Tens of thousands of auto workers are returning to factories that have been shuttered since mid-March due to fears of spreading the...
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May 06, 2020 - 2:07 am
FRANKFURT, Germany (AP) — Automaker BMW saw net profit fall slightly in the first quarter from a year earlier, when the company had a large one-time expense. The company said it expected earnings to deteriorate during the first half of this year due to the coronavirus lockdowns and predicted the...
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Cars and trucks are driven on a relatively empty highway in Frankfurt, Germany, Wednesday, May 6, 2020. Due to the coronavirus a lot less traffic is seen during the day. (AP Photo/Michael Probst)
May 06, 2020 - 1:50 am
BERLIN (AP) — German factory orders plunged by 15.6% in March compared with the previous month as countries around Europe and beyond started shutting down public life and businesses, official data showed Wednesday. Demand from both domestic and foreign customers for goods made in Europe's biggest...
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Together Omaha food pantry workers load supplies into a vehicle driving up to the pantry in Omaha, Neb., Thursday, April 23, 2020. The number of Nebraska residents seeking unemployment benefits for the first time dropped again last week but is still far higher than usual as businesses struggle with the fallout from the coronavirus. The state received 12,340 new unemployment claims during the week that ended April 18, according to the U.S. Department of Labor. (AP Photo/Nati Harnik)
April 24, 2020 - 10:50 am
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Friday related to the global economy, the work place and the spread of the virus. ________________________ GOVERNMENT & CENTRAL BANKS: Governments around the globe are...
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Bill Merkle works on making protective masks in Warren, Mich., Thursday, April 23, 2020. General Motors has about 400 workers at the now-closed transmission plant in suburban Detroit. All over the country, blue-collar and salaried workers have raised their hands to make medical equipment as companies repurpose factories to answer calls for help from beleaguered nurses, doctors and paramedics who are treating patients with the highly contagious new coronavirus COVID-19. (AP Photo/Paul Sancya)
April 24, 2020 - 6:45 am
WASHINGTON (AP) — Orders for big-ticket manufactured goods plunged 14.4% in March, the second-biggest decline on record. The worse-than-expected slide underscored the severity of the economic impact from the pandemic. New orders for commercial airlines actually went negative as cancellations...
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FILE - In this April 25, 2018, file photo, attendees take photos of the E-SEED electric concept car during a press conference by Chinese automaker BYD at the China Auto Show in Beijing. China is promising more subsidies to shore up plunging electric car sales amid the coronavirus pandemic but set limits that exclude Tesla’s made-in-China model. Subsidies and tax breaks that were due to end this year will be extended by two years in response to “an accumulation of unfavorable factors” including the virus, the Finance Ministry said Thursday, April 23, 2020.(AP Photo/Mark Schiefelbein, File)
April 23, 2020 - 10:39 pm
BEIJING (AP) — China is promising more subsidies to shore up plunging electric car sales amid the coronavirus pandemic but set limits that exclude Tesla’s made-in-China model. Subsidies and tax breaks that were due to end this year will be extended by two years in response to “an accumulation of...
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A saleswoman waits for customers in a shop as many smaller stores are allowed to open in Essen, Germany, Monday, April 20, 2020. Europe's biggest economy, starts reopening some of its stores and factories after weeks of lockdown due to the new coronavirus outbreak. (AP Photo/Martin Meissner)
April 20, 2020 - 2:20 pm
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Monday related to the global economy, the work place and the spread of the virus. ________________________ RESTRICTIONS VARY: North American border-crossing limits are being...
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In this April 13, 2020, photo, a couple walk through the capital city's popular shopping mall in Beijing. Chinese leaders have reopened factories and shops in an effort to revive the economy, but the consumers whose spending propels most of China's growth have been slow to return to shopping malls and auto dealerships. (AP Photo/Andy Wong)
April 16, 2020 - 1:44 am
BEIJING (AP) — China, where the coronavirus pandemic started in December, is cautiously trying to get back to business, but it’s not easy when many millions of workers are wary of spending much or even going out. Factories and shops nationwide shut down starting in late January. Millions of...
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