Tag industrial

manufacturing plant during daytime

China expects industrial production to grow by 3.6% in 2022

China’s Ministry of Industry and Information Technology (MIIT) estimates that China’s industrial output increased by 3.6% in 2022 compared to 2021, despite disruptions in manufacturing and logistics due to COVID-19 containment measures. The MIIT projects that China’s manufacturing output increased…

a stack cargo containers

Thailand’s exports of industrial goods contracted in November

Thailand’s exports declined 5.96% in November 2022 as the global economy slowed and high inflation hurt overall consumption. Industrial products (excluding gold) contracted 4.06% due to declines in chemicals, plastics, and steel. Exports of manufactured products to Thailand’s main trading…

photo of an industrial factory emitting smoke

Industrial production decreased by 0.2% in November

According to the Federal Reserve, total industrial production in the U.S. fell 0.2% in November after falling 0.1% in October. Overall industrial production measures the change in output of the manufacturing, mining and utilities sectors. Manufacturing production fell 0.6% in…

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