#manufacturing-activity

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A quiet revolution is transforming business investment, Wells Fargo says

Business spending has transformed, with investment shifting towards generative AI and software over physical equipment, impacting manufacturing activity and economic indicators.

Logistics Report: Truckers Eyeing Hydrogen; Target's Tight Inventories; Shipping From Stores

US retail sales declined for the first time since March.
China's retail sales grew and industrial production rose in October.
Manufacturing activity in New York state increased to its highest level since April.

The most immediate threat to China's economy isn't external. It's internal.

China's weak domestic demand poses more immediate threats to the economy compared to external tariff pressures.
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