Manufacturing

• Manufacturing index drops to 28-year low (Reno Gazette-Journal)
  Mon, 05 Jan 2009 09:40:59 GMT
  NEW YORK (AP) -- Signs grew that the economy could turn even weaker in 2009, as an index of December manufacturing activity sank to its lowest point in 28 years. Every corner of the sector was down, from bakeries to cigarette-makers to aluminum smelters.
  

• Switzerland Manufacturing PMI Unexpectedly Improve to 36.9 (Daily FX)
  Mon, 05 Jan 2009 08:43:16 GMT
  Swiss December manufacturing PMI unexpectedly improved to 36.9, up from a record low of 35.2 in November and above the Reuters median for 34.7 as well as our own 34.5 forecast.
  

• Pininfarina to exit from contract manufacturing, focus on electric vehicles (Automotive Business Review)
  Mon, 05 Jan 2009 10:56:07 GMT
  Italian automotive designer and coach builder Pininfarina has approved a revised industrial plan which calls for an exit from contract manufacturing operations once its current commitments are completed, and focus on building electric cars, according to Automotive News.
  

• U.S. Manufacturing Slumps to 1980 Low (Industry Week)
  Mon, 05 Jan 2009 05:20:22 GMT
  New manufacturing orders have contracted for 13 consecutive months
  

• Pittsburgh manufacturing still moving forward (BizJournals)
  Mon, 05 Jan 2009 06:09:49 GMT
  Manufacturing underpins western Pennsylvania’s heritage.
  

• Sherrill Manufacturing closing its doors for a month (The Oneida Daily Dispatch)
  Sun, 04 Jan 2009 22:17:22 GMT
  SHERRILL — On Monday, most of Sherrill Manufacturing will be shutting down temporarily due to economic conditions, co-owner Matt Roberts said, leaving more than 100 people out of a job.
  

• Sales in manufacturing sector to dip in Q3: Report (Business Standard India)
  Mon, 05 Jan 2009 00:00:17 GMT
  Sales in the manufacturing sector are likely to witness a slowdown in the quarter ending December on account of lower unit realisation, a report said.
  

• Chinese manufacturing slows, hurting growth (Sydney Morning Herald)
  Sun, 04 Jan 2009 23:13:00 GMT
  China’s manufacturing shrinks for a third month, worsening the slowdown in the world’s fourth-largest economy.
  

• Sales in manufacturing sector to dip in Dec quarter: Report (The Times of India)
  Sun, 04 Jan 2009 15:34:24 GMT
  Sales in the manufacturing sector are likely to witness a slowdown in the quarter ending December on account of lower unit realisation, a report said.
  

• U.S. Manufacturing Takes A Hit (NPR)
  Sun, 04 Jan 2009 16:08:09 GMT
  The manufacturing sector of the U.S. economy hit a new all time low on Friday. The Institute for Supply Management, a trade group for purchasing executives, reports that manufacturing activity in all industry sectors is at the lowest level in 28 years — another measure of the current recession.
  

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