Manufacturing sector performance

FILE - In this April 8, 2020, file photo, workers assemble cars at the Dongfeng Honda Automobile Co., Ltd factory in Wuhan in central China's Hubei province. China's auto sales sank 48.4% in March from a year ago as the economy reeled from the coronavirus, according to an industry group, adding to strains for the struggling industry in its biggest global market. (AP Photo/Ng Han Guan, File)
April 11, 2020 - 3:33 am
BEIJING (AP) — China’s auto sales sank 48.4% in March from a year ago as the economy reeled from the coronavirus, according to an industry group, adding to strains for the struggling industry in its biggest global market. Sales of SUVs, sedans and minivans totaled just over 1 million, the China...
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FILE - In this Sept. 27, 2018, file photo robots weld the bed of a 2018 Ford F-150 truck on the assembly line at the Ford Rouge assembly plant in Dearborn, Mich. Ford says it wants to reopen five North American assembly plants in April 2020 that were closed due to the threat of coronavirus. The three Detroit automakers suspended production at North American factories March 19 ago under pressure from the United Auto Workers union, which had concerns about members working closely at work stations and possibly spreading the virus. (AP Photo/Carlos Osorio, File)
April 01, 2020 - 8:08 am
WASHINGTON (AP) — American manufacturing slid last month for the first time since December, dragged down by economic fallout from the coronavirus outbreak. The Institute for Supply Management, an association of purchasing managers, reported Wednesday that its manufacturing index fell to 49.1 in...
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FILE - This May 23, 2019, file photo shows the logo for the Jefferies Financial Group in New York. Jefferies Financial Group announced Sunday, March 29, 2020, that its chief financial officer, Peregrine C. Broadbent, died Sunday from coronavirus complications. He was 56. (AP Photo/Richard Drew, File)
March 29, 2020 - 2:57 pm
NEW YORK (AP) — The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments this weekend related to the global economy, the work place and the spread of the virus. ______ WALL STREET EXECUTIVE DIES: An executive at New York-based...
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A parking lot attendant walks through a typically full parking lot now largely empty over people staying home due to the worldwide coronavirus pandemic in Dubai, United Arab Emirates, Monday, March 16, 2020. For most people, the new coronavirus causes only mild or moderate symptoms. For some it can cause more severe illness. (AP Photo/Jon Gambrell)
March 16, 2020 - 2:24 pm
Global markets and businesses big and small opened the week to a landscape seemingly altered by the coronavirus pandemic. National retail chains have closed all stores. Banks are taking steps to keep cash on hand, lots of it. Markets in Asia, Europe and the U.S. are plunging. Following is a quick...
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In this Feb. 27, 2020 photo, a woman works on a spinning mill in a textile factory in Hangzhou in eastern China's Zhejiang Province. A gauge of Chinese manufacturing plunged in February by an even wider margin than expected after efforts to contain a virus outbreak shut down much of the world's second-largest economy. (Chinatopix via AP)
March 02, 2020 - 7:53 am
WASHINGTON (AP) — American factories expanded in February for the second straight month, despite disruptions caused by the coronavirus outbreak. The winning streak, however, may prove short-lived. The Institute for Supply Management, an association of purchasing managers, said Monday that its...
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Associated Press
February 26, 2020 - 5:10 am
FRANKFURT, Germany (AP) — Ratings agency Moody's is lowering its forecast for global auto sales because of the new coronavirus outbreak. It now reckons that sales will decline 2.5% decline in 2020 instead of only 0.9%. This year's anticipated decline follows a fall in 2019 of 4.6%. Moody's said in...
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In this photo taken Tuesday, Feb. 11, 2020, a woman walks past Lunar New Year decor and shuttered bars at a retail district in Beijing, China. Millions of Chinese workers and entrepreneurs are bearing the rising costs of an anti-virus campaign that has shut down large sections of the economy. The government has imposed restrictions nationwide that have stalled travel and sales of real estate and autos. (AP Photo/Ng Han Guan)
February 15, 2020 - 6:28 pm
BEIJING (AP) — Real estate agent Du Xuekun’s sales usually jump after the Lunar New Year holiday. But this year, Du has been at home for a month with no income after vast swathes of China’s economy were shut down in a sweeping effort to contain a virus outbreak. Du, who lives in Jiaozhuo, near the...
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February 13, 2020 - 2:30 am
BEIJING (AP) — China’s auto sales plunged in January, deepening a painful downturn in the industry’s biggest global market and adding to economic pressures as the country fights a virus outbreak. Sales of SUVs, sedans and minivans fell 20.2% from a year earlier to 1.6 million, an industry group,...
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German Interior Minister Horst Seehofer, left, talks with German Economy Minister Peter Altmaier, right, prior for the weekly cabinet meeting of the German government at the chancellery in Berlin, Germany, Wednesday, Feb. 5, 2020. (AP Photo/Jens Meyer)
February 06, 2020 - 12:09 am
BERLIN (AP) — Factory orders in Germany declined by a hefty 2.1% in December compared with the previous month on a sharp drop in demand from other countries in the eurozone. The Economy Ministry said Thursday that orders, an important indicator for Europe's biggest economy, were down 0.5% in the...
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Associated Press
February 03, 2020 - 7:18 am
WASHINGTON (AP) — U.S. factories expanded unexpectedly last month, snapping a five-month losing streak. The Insitute for Supply Management, an association of purchasing managers, said Monday that its manufacturing index rose to 50.9 in January from 47.8 in December. Anything above 50 signals...
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