{"id":8766,"date":"2021-10-28T08:44:39","date_gmt":"2021-10-28T08:44:39","guid":{"rendered":"https:\/\/www.mrpeasy.com\/blog\/?p=8766"},"modified":"2022-10-27T12:13:29","modified_gmt":"2022-10-27T12:13:29","slug":"week-43-in-manufacturing-news-3","status":"publish","type":"post","link":"https:\/\/www.mrpeasy.com\/blog\/week-43-in-manufacturing-news-3\/","title":{"rendered":"Week 43 in Manufacturing News"},"content":{"rendered":"\n<p>US: Markit Manufacturing PMI edges lower to 59.2 in October vs. 60.3 expected; UK manufacturing growth slows as costs rise; German Preliminary Manufacturing PMI improves to 58.2 in October vs. 56.5 expected.<\/p>\n\n\n\n<!--more-->\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"681\" src=\"https:\/\/www.mrpeasy.com\/blog\/wp-content\/uploads\/2021\/10\/week-43-in-manufacturing-news-3-1024x681.jpg\" alt=\"week-43-in-manufacturing-news-3\" class=\"wp-image-8769\" srcset=\"https:\/\/www.mrpeasy.com\/blog\/wp-content\/uploads\/2021\/10\/week-43-in-manufacturing-news-3-1024x681.jpg 1024w, https:\/\/www.mrpeasy.com\/blog\/wp-content\/uploads\/2021\/10\/week-43-in-manufacturing-news-3-300x199.jpg 300w, https:\/\/www.mrpeasy.com\/blog\/wp-content\/uploads\/2021\/10\/week-43-in-manufacturing-news-3-768x511.jpg 768w, https:\/\/www.mrpeasy.com\/blog\/wp-content\/uploads\/2021\/10\/week-43-in-manufacturing-news-3.jpg 1241w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure><\/div>\n\n\n\n<h2 class=\"wp-block-heading\">US: Markit Manufacturing PMI Edges Lower to 59.2 in October vs. 60.3 Expected<\/h2>\n\n\n\n<p>The economic activity in the US manufacturing sector continued to expand in October, albeit at a slightly slower pace than it did in September, with IHS Markit&#8217;s Manufacturing PMI declining to 59.2&nbsp;(preliminary) from 60.7. This reading missed the market expectation of 60.3. <\/p>\n\n\n\n<p>Source: <a rel=\"noreferrer nofollow noopener\" aria-label=\"FX Street (opens in a new tab)\" href=\"https:\/\/www.fxstreet.com\/news\/us-markit-manufacturing-pmi-edges-lower-to-592-in-august-vs-603-expected-202110221351\" target=\"_blank\">FX Street<\/a>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">UK Manufacturing Growth Slows as Costs Rise<\/h2>\n\n\n\n<p>Factory output growth in Britain was hit by supply shortages in October, with manufacturers signalling another slowdown due to a lack of staff and material. Companies across the UK were also hit by a record rise in costs, IHS Markit said on Friday. The flash UK Manufacturing Output Index fell to 50.6, the weakest reading since February, and close to stagnation. <\/p>\n\n\n\n<p>Source: <a rel=\"noreferrer nofollow noopener\" aria-label=\"Yahoo News (opens in a new tab)\" href=\"https:\/\/news.yahoo.com\/uk-manufacturing-factory-output-growth-slows-costs-rise-100725780.html\" target=\"_blank\">Yahoo News<\/a>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">German Preliminary Manufacturing PMI Improves to 58.2 in October vs. 56.5 Expected<\/h2>\n\n\n\n<p>The Manufacturing PMI in Eurozone\u2019s no.1 economy came in at 58.2 this month vs. 56.5 expected and 58.4 prior. The index reached its lowest in nine months. Meanwhile, Services PMI dropped to six-month lows of 52.4 in October as against 55.0 estimated and 56.2 previous.<\/p>\n\n\n\n<p>Source: <a href=\"https:\/\/www.fxstreet.com\/news\/german-preliminary-manufacturing-pmi-improves-to-582-in-october-vs-565-expected-202110220732\" target=\"_blank\" rel=\"noreferrer nofollow noopener\" aria-label=\"FX Street (opens in a new tab)\">FX Street<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>US: Markit Manufacturing PMI edges lower to 59.2 in October vs. 60.3 expected; UK manufacturing growth slows as costs rise; German Preliminary Manufacturing PMI improves to 58.2 in October vs. 56.5 expected.<\/p>\n","protected":false},"author":4,"featured_media":8769,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[56],"tags":[],"class_list":["post-8766","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Week 43 in Manufacturing News - Blog for Manufacturers and Distributors<\/title>\n<meta name=\"description\" content=\"Manufacturing news week 43 in 2021. Manufacturing news and articles - economy, manufacturing growth, job creation.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.mrpeasy.com\/blog\/week-43-in-manufacturing-news-3\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Week 43 in Manufacturing News - Blog for Manufacturers and Distributors\" \/>\n<meta property=\"og:description\" content=\"Manufacturing news week 43 in 2021. Manufacturing news and articles - economy, manufacturing growth, job creation.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.mrpeasy.com\/blog\/week-43-in-manufacturing-news-3\/\" \/>\n<meta property=\"og:site_name\" content=\"Blog for Manufacturers and Distributors\" \/>\n<meta property=\"article:published_time\" content=\"2021-10-28T08:44:39+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-10-27T12:13:29+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.mrpeasy.com\/blog\/wp-content\/uploads\/2021\/10\/week-43-in-manufacturing-news-3.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1241\" \/>\n\t<meta property=\"og:image:height\" content=\"825\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Karl Heinrich Lauri\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Karl Heinrich Lauri\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.mrpeasy.com\/blog\/week-43-in-manufacturing-news-3\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.mrpeasy.com\/blog\/week-43-in-manufacturing-news-3\/\"},\"author\":{\"name\":\"Karl Heinrich Lauri\",\"@id\":\"https:\/\/www.mrpeasy.com\/blog\/#\/schema\/person\/9f3fc21487b8bd06ee559963df65c254\"},\"headline\":\"Week 43 in Manufacturing News\",\"datePublished\":\"2021-10-28T08:44:39+00:00\",\"dateModified\":\"2022-10-27T12:13:29+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.mrpeasy.com\/blog\/week-43-in-manufacturing-news-3\/\"},\"wordCount\":211,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.mrpeasy.com\/blog\/week-43-in-manufacturing-news-3\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.mrpeasy.com\/blog\/wp-content\/uploads\/2021\/10\/week-43-in-manufacturing-news-3.jpg\",\"articleSection\":[\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.mrpeasy.com\/blog\/week-43-in-manufacturing-news-3\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.mrpeasy.com\/blog\/week-43-in-manufacturing-news-3\/\",\"url\":\"https:\/\/www.mrpeasy.com\/blog\/week-43-in-manufacturing-news-3\/\",\"name\":\"Week 43 in Manufacturing News - Blog for Manufacturers and Distributors\",\"isPartOf\":{\"@id\":\"https:\/\/www.mrpeasy.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.mrpeasy.com\/blog\/week-43-in-manufacturing-news-3\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.mrpeasy.com\/blog\/week-43-in-manufacturing-news-3\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.mrpeasy.com\/blog\/wp-content\/uploads\/2021\/10\/week-43-in-manufacturing-news-3.jpg\",\"datePublished\":\"2021-10-28T08:44:39+00:00\",\"dateModified\":\"2022-10-27T12:13:29+00:00\",\"author\":{\"@id\":\"https:\/\/www.mrpeasy.com\/blog\/#\/schema\/person\/9f3fc21487b8bd06ee559963df65c254\"},\"description\":\"Manufacturing news week 43 in 2021. 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