Manufacturing PMI® at 47.8%; February 2024 Manufacturing ISM® Report On Business®

New Orders; Backlogs Contracting; Production; Employment Contracting; Supplier Deliveries Slowing; Raw Materials Inventories Contracting; Customers’ Inventories Too Low; Prices Increasing; Exports and Imports Growing TEMPE, Ariz., March 1, 2024 /PRNewswire/ — Economic activity in the manufacturing sector contracted in February for the 16th consecutive month following one month of “unchanged” status (a PMI® reading of 50 percent) and … Read more

Inflation: Acoholic, non-alcoholic drinks sellers groan as prices soar, sales drop

Some wholesalers and retailers of liquor and non-alcoholic beverages have decried low level of patronage of their products amidst soaring costs, following price increment by bottling companies across the country. The vendors, in separate interviews with the News Agency of Nigeria (NAN) in Lagos on Saturday, said there had been a 100 per cent price … Read more

Juices Market to grow by USD 104.21 billion from 2022 to 2027; Emerging Trends, Growth Factors, Business Opportunities and Forecast

NEW YORK, Feb. 6, 2024 /PRNewswire/ — The juices market is set to grow by USD 104.21 billion from 2022 to 2027 progressing at a CAGR of 8.55% during the forecast period. The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The market segmentation by product (fruit … Read more