Live from ISM World

The construction of a US$12 billion semiconductor fabrication plant in Phoenix is one of the signals of the return of manufacturing to the U.S., President Joe Biden said Tuesday. “American manufacturing is back, folks,” he told a crowd at an advanced chip facility being built by Taiwan Semiconductor Manufacturing Company (TSMC).

• Project Management
• Risk
• Systems Capability and Technology
• Technology
• Manufacturing

The Services PMI® exceeded analysts’ expectations and boosted hopes that services could carry a contracting manufacturing sector and help stave off a recession. However, the data was too positive for some financial markets

• Reports and surveys
• Services
• economy
• ISM® Report On Business®
• Anthony Nieves
• coronavirus

The Manufacturing PMI® registered 49 percent, indicating that U.S. manufacturing activity contracted in November, ending a 29-month period of expansion. The contraction is the sixth since 2000 for U.S. factories.

• Reports and surveys
• Manufacturing
• economy
• ISM® Report On Business®
• Tim Fiore
• coronavirus