Tag

August 2025

All articles tagged with #august 2025

US Manufacturing Contracts for Sixth Consecutive Month Amidst Tariff Instability
economy10 months ago

US Manufacturing Contracts for Sixth Consecutive Month Amidst Tariff Instability

The August 2025 ISM Manufacturing PMI report shows the U.S. manufacturing sector contracting for the sixth consecutive month with a PMI of 48.7%, indicating a slowdown but slightly less decline than July. Key indicators such as new orders and employment remain in contraction, while prices continue to rise at a slower pace. The overall economy is still expanding, but manufacturing faces ongoing challenges from tariffs, supply chain disruptions, and demand uncertainties.

US Manufacturing Contracts for Sixth Consecutive Month Amid Tariff Uncertainty
business10 months ago

US Manufacturing Contracts for Sixth Consecutive Month Amid Tariff Uncertainty

The August 2025 ISM Manufacturing PMI report shows the U.S. manufacturing sector contracting for the sixth consecutive month with a PMI of 48.7%, indicating a slower decline. Key indicators such as new orders and employment remain in contraction, though some sectors like food and petroleum are expanding. Raw material prices continue to rise, and supply chain disruptions persist, largely due to tariffs and trade uncertainties. Overall, the manufacturing economy is experiencing a mild slowdown amid ongoing challenges.

Powerball Jackpot Reaches $700 Million for August 23 Drawing
lottery10 months ago

Powerball Jackpot Reaches $700 Million for August 23 Drawing

The Powerball jackpot has reached an estimated $750 million, making it the 10th largest in history, with no jackpot winner in the recent draw but several smaller prizes won. The next drawing is on Monday, offering a choice between a lump sum of approximately $338.6 million or an annuity. The game has generated over $36 billion for good causes since 1992.