April 22, 2026

inflation pressures

Manufacturing slowdown: US factory activity slows as tariffs push up prices; services sector cushions overall growth

Manufacturing slowdown: US factory activity slows as tariffs push up prices; services sector cushions overall growth

admin02 mins

US manufacturing slipped to a four-month low in November as tariffs pushed up prices and dampened demand. According to news agency Reuters, the slowdown caused a build-up of unsold goods, raising concerns that it may drag down wider economic growth. Manufacturing hit by rising prices and weak demand S&P Global said the flash US manufacturing…

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Shutdown fallout: US scraps October inflation and jobs figures after data-gathering halt; gaps cloud Fed’s December decision

Shutdown fallout: US scraps October inflation and jobs figures after data-gathering halt; gaps cloud Fed’s December decision

admin03 mins

File photo (Picture credit: AP) The US government will not release official inflation or jobs figures for October after the record-long shutdown prevented statisticians from gathering essential data, leaving the Federal Reserve without two major indicators ahead of its December policy meeting.The Bureau of Labor Statistics (BLS) confirmed on Friday that the October consumer price…

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