Reported about 7 hours ago
As Donald Trump begins his presidency, U.S. manufacturing companies express increased optimism about the business outlook, reflected in a rise in the manufacturing PMI to 50.1 for January, indicating sector expansion. The manufacturing output index also saw an improvement, suggesting that businesses are hopeful for stronger economic growth supported by new administration policies. Despite a slight dip in the composite PMI due to service sector activity, overall business confidence remains strong, with notable job creation rates not seen in over two years.
Source: YAHOO