Good news on economy front: December manufacturing clocks solid growth

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Updated: January 3, 2019 6:34:09 AM

Meanwhile, job creation weakened, with companies perhaps cautious about making hiring decisions ahead of next year’s elections and a less upbeat optimism towards the outlook, said Pollyanna De Lima, principal economist at IHS Markit.

Output expanded at a solid, albeit softer, pace.

The manufacturing sector saw the second-fastest upturn in order books in 2018, in December. Output expanded at a solid, albeit softer, pace. Meanwhile, job creation weakened, with companies perhaps cautious about making hiring decisions ahead of next year’s elections and a less upbeat optimism towards the outlook, said Pollyanna De Lima, principal economist at IHS Markit.

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