01-20-2018  3:15 pm      •     
  • 1
  • 2
  • 3
  • 4

U.S. & WORLD NEWS

OPINION

Remembering the 1968 Memphis Sanitation Workers’ Strike

Julianne Malveaux on the Memphis strike and how the dignity of today's workers continues to be assailed ...

Letter to the Editor: KNA Objects to Dr. Martens Billboards

A letter from the King Neighborhood Association ...

Black Students Hit Hard by For-Profit College Debt

Women and Blacks suffer disparate impacts, particularly at for-profit institutions, where they are disproportionately enrolled in most...

A New Year, a New Vision

North Portland Library will dedicate a display panel in the upstairs meeting room to visual artifacts contributed by the community ...

AFRICAN AMERICANS IN THE NEWS

ENTERTAINMENT

Chris Isidore CNN Money

NEW YORK (CNNMoney) -- Activity at U.S. factories continued to pick up in August, another sign of a recovery in global manufacturing.

A closely watched manufacturing index from the Institute of Supply Management edged up to 55.7 from 55.4 in July. Economists had been forecasting a modest decline.

Instead the reading was the third straight month of growth after the purchasing managers' index fell to 49 in May. Any reading above 50 indicates growth in the sector.

The report follows comparable reports Monday that showed a rebound in Chinese manufacturing, and the fourth straight month of growth at factories across the euro zone. Manufacturing in Italy and Spain enjoyed the best growth in more than two years.

Tuesday's U.S. manufacturing reading showed the new orders index jumping by nearly 5 percentage points to a reading of 63.2

The report also follows last week's government reading that showed stronger economic growth in the second quarter than previously estimated. And it comes ahead of the key August jobs report due out this Friday. Economists surveyed by Briefing.com forecast that employers added 177,000 jobs in the month, up from the 162,000 gain reported for July.

 

Carpentry Professionals
Calendar

Photo Gallery

Photos and slide shows of local events