Free Trial

Also worth recapping our latest interview with...>

US
US: Also worth recapping our latest interview with ISM chair Tim Fiore, which
came in the wake of the latest ISM manufacturing survey on Friday.
- MNI INTERVIEW: US Factories at Less Than 30% of Capacity: ISM
- U.S. factories are working at less than 30% of capacity and struggling to
rebuild production amid concerns about worker safety as facilities re-open, ISM
chair Tim Fiore told MNI. Factories worldwide were running around full capacity
before the Covid-19 pandemic and are now hit with the "fastest rate of change in
economic activity in modern times," Fiore said Friday. The Institute for Supply
Management's April PMI showed a 7.6 point drop to 41.5, the lowest since April
2009.
- For full story see MNI Main Wire at 20:50 BST 05/01 or contact
sales@marketnews.com for access.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.