Cozo Cafe is a welcome addition to Cheras' Taman Alam Jaya with its chicken rice, chicken chop and moreWASHINGTON, April 1 — The US manufacturing sector expanded last month for the first time since September 2022, according to industry data published today, with positive demand and strong output helping to snap 16 straight months of contraction.
But it also highlights the challenges the US Federal Reserve now faces as it debates when to start cutting interest rates in a way that doesn’t cause a fresh surge in inflation.The Institute for Supply Management said its manufacturing index hit 50.3 per cent last month, pushing it above the 50-point mark that separates expansion from contraction.
“Demand was positive, output strengthened and inputs remained accommodative,” ISM survey chief Timothy Fiore said in a statement explaining why the manufacturing sector returned to growth.“Demand remains at the early stages of recovery, with clear signs of improving conditions,” he continued, adding that production execution had surged in comparison to January and February.
Source: News Formal (newsformal.com)
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
2022 Honda Civic Hatchback detailed for Japanese market – September 3 launch, RM122k to RM136kHaving debuted in June, the Honda Civic Hatchback will be made available in its home market of Japan starting September 3. Ahead of its on-sale date, Honda has released full details on the 11th-generation C-segment …
Source: paultan - 🏆 22. / 51 Read more »
Felda discloses net loss of RM1.005 billion in 2022The Auditor-General’s Report reveals that Felda has disclosed a net loss of RM1.005 billion in 2022, with outstanding loans reaching RM8.659 billion.
Source: malaymail - 🏆 1. / 86 Read more »
Decisions on 11,711 citizenship applications made between Dec 2022 and Dec 2023An Italian restaurant has apologised after it was criticised by Italy’s Ambassador to Singapore for trying to hold a mafia-themed night.
Source: staronline - 🏆 4. / 75 Read more »
992 mangsa pemerdagangan manusia diselamatkan sejak 2022: KDNKUALA LUMPUR: Pihak berkuasa menahan 526 individu membabitkan 280 kes pemerdagangan manusia dari 2022 hingga hari ini, manakala 992 mangsa jenayah itu...
Source: theSundaily - 🏆 25. / 51 Read more »
2022 W206 Mercedes-Benz C-Class now in Malaysia – C200 Avantgarde, RM288k; C300 AMG Line, RM330kSighted earlier this month, the wraps have finally come off the 2022 W206 Mercedes-Benz C-Class, with the fifth-gen executive sedan making its official Malaysian debut today, exactly a year after its world premiere. As previously …
Source: paultan - 🏆 22. / 51 Read more »
Foreign investments worth RM281.5b approved in 2022-2023 to create 98,725 jobsKUALA LUMPUR: A total of 898 foreign investment projects valued at RM281.5 billion have been approved in the manufacturing and services sectors from 2...
Source: theSundaily - 🏆 25. / 51 Read more »