Mumbai, Jan. 5 -- A sustained, albeit slower, improvement in US manufacturing sector operating conditions was signaled by December's S&P Global PMI data.
The latest survey showed a weaker gain in production, amid a renewed contraction in new order books - the first in exactly a year.
International sales continued to fall, in part linked to tariffs, which also continued to push up operating expenses at an elevated pace. That said, although remaining historically elevated, both input and output prices rose at their slowest rates for 11 months.
Positively, firms reported that employment growth was sustained into the end of 2025, with job creation reaching the most pronounced since August. Confidence in the outlook also remained positive des...