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Jeffrey Kinney

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Articles

US manufacturing expands again in June, but at slower rate than in May

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By Jeffrey Kinney
| Supply Chain Dive Verified
This audio is auto-generated. Please let us know if you have feedback. Economic activity in the U.S. manufacturing sector expanded in June for the sixth consecutive month to 53.3%, or 0.7 percentage point lower than May, according to the Institute for Supply Management’s latest Purchasing Managers’ Index. The overall economy grew for the 20th month in a row, ISM reported. A figure below 50% indicates an industry in contraction.
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US manufacturing expands again in June, but at slower rate than in May

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By Jeffrey Kinney
| Yahoo Finance Verified
This story was originally published on Manufacturing Dive. To receive daily news and insights, subscribe to our free daily Manufacturing Dive newsletter. Economic activity in the U.S. manufacturing sector expanded in June for the sixth consecutive month to 53.3%, or 0.7 percentage point lower than May, according to the Institute for Supply Management's latest Purchasing Managers' Index. The overall economy grew for the 20th month in a row, ISM reported.
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Onsemi agrees to buy Synaptics for about $7B Original

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By Jeffrey Kinney
| Manufacturing Dive Verified
This audio is auto-generated. Please let us know if you have feedback. Chipmaker onsemi announced it has agreed to acquire Synaptics as part of an all-stock transaction for about $7 billion in a push to bolster its position in physical artificial intelligence. The purchase “would accelerate onsemi’s evolution toward global leadership in intelligent systems,” the Arizona-basedcompany said in a news releaseJune 25.
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