The improvement in equipment orders signals manufacturers are seeing stable demand, which should contribute to a still-solid pace of economic growth in the first quarter.
The data signal manufacturing softness as producers cope with an inventory buildup, continuing uncertainty around trade and a dimming global growth outlook.
“Neither the EU nor the U.K. are ready, and as a consequence European industry is also not adequately prepared, for this cliff-edge scenario.”
Tread carefully before you start, with these six questions.
Two sets of planned punitive measures are the latest twists in a 14-year-old dispute that the U.S. and EU have fought at the World Trade Organization.
Labor bill now complies with USMCA, top Mexico lawmaker says.
Manufacturing PMI jumps most in seven years.
The improvement helps to dispel some of the gloom after a survey on Friday showed German manufacturing in its deepest slump in more than six years.
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