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

Unexpected Surge in UK Inflation Poses Challenges for Bank of England’s Monetary Policy

United Kingdom inflation soared to 4.0 per cent in December, marking the first increase in 10 months and complicating the timing of potential interest rate cuts by the Bank of England in the coming year. The Office for National Statistics revealed that the annual inflation, measured by the consumer prices index, rose from the previous … Read more

Smoking Declines Globally as Vaping, E-Cigarette Use Soars

geneva —  While new data show that smoking globally is on the decline, the World Health Organization warns that this good news is being undercut by an alarming rise in the use of e-cigarette and vaping devices, especially among children. “It is an alarming increase in the last four to five years. That is why … Read more

US seizes more illegal e-cigarettes, but thousands of new ones are launching

Federal officials are seizing more shipments of unauthorized electronic cigarettes at U.S. ports, but thousands of new flavored products continue pouring into the country from China, according to government and industry data reviewed by The Associated Press. The figures underscore the chaotic state of the nation’s $7 billion vaping market and raise questions about how … Read more

Smoking Decline Halts Amidst Surge in Youth Uptake During Post-COVID Era

The decline in smoking rates, a trend observed for decades in England, has hit a stumbling block in the wake of the COVID-19 pandemic. The pace of decline in smoking rates, which had previously registered at 5.2 per cent in the pre-pandemic years, has notably decelerated to a mere 0.3 per cent between April 2020 … Read more

Commentary: It’s a pity Malaysia backed down from its bold generational smoking ban

NO BOLD STEP FOR PUBLIC HEALTH The new standalone tobacco law is necessary but stops short of being bold for the sake of public health. Having been publicly contemplated for more than a year, the smoking endgame policy is now sorely lacking in the approved Bill. Malaysia’s vision is to be a smoke-free country by … Read more