US Nonmanufacturing Activity Hits Record High in August ISM

US Nonmanufacturing Activity Hits Record High in August ISM

The Institute for Supply Management (ISM) reported strong U.S. non-manufacturing activity in August, with the Non-Manufacturing Index (NMI) reaching 59.6, a historical high. Key indicators like business activity/production, new orders, and employment all improved, signaling positive momentum for U.S. economic growth. Analysts anticipate continued moderate economic expansion in the U.S., with the non-manufacturing sector expected to maintain its strong performance. The robust NMI suggests resilience and potential for further gains in the service-based economy.

US Services Sector Hits Nearrecord High in November

US Services Sector Hits Nearrecord High in November

U.S. non-manufacturing activity continued to expand in November, with the ISM Non-Manufacturing Index (NMI) reaching 59.3, a recent high. Business Activity, New Orders, and Employment indexes all showed strong performance, providing significant support for U.S. economic growth. The report also analyzes the challenges and opportunities facing non-manufacturing businesses, offering insights for investors and policymakers. This positive data suggests continued economic momentum and resilience in the services sector, a key driver of the overall U.S. economy.

US Durable Goods Orders Fall Amid Economic Challenges

US Durable Goods Orders Fall Amid Economic Challenges

U.S. durable goods orders declined in June, but manufacturing shipments increased, indicating continued resilience in the manufacturing sector. The transportation industry was affected by seasonal factors, but the long-term trend remains positive. Businesses should diversify their operations, optimize supply chains, and increase R&D investment to seize opportunities and proactively address economic fluctuations, ultimately contributing to a brighter future. Despite the overall decrease in orders, the underlying strength of manufacturing suggests potential for growth and adaptation.

US Service Sector Growth Slows Amid Economic Concerns

US Service Sector Growth Slows Amid Economic Concerns

The August ISM Non-Manufacturing Index declined, with all three key indicators showing a downward trend, particularly in employment contraction. Despite growth in the Manufacturing PMI, the overall economic recovery faces challenges, and inflationary pressures persist. Businesses should closely monitor economic indicators, flexibly adjust their operational strategies, proactively address risks, and seek opportunities for growth. The significant drop in the Non-Manufacturing PMI signals potential headwinds for the service sector and reinforces concerns about the sustainability of the economic rebound.

Understanding the Code Classification of Goods Origin and Destination in Jiangsu Province for Economic Development

Understanding the Code Classification of Goods Origin and Destination in Jiangsu Province for Economic Development

This article interprets the detailed classification of sources and destinations of goods within Jiangsu Province Customs and analyzes the impact of economic development on regional classification. Jiangsu Province, with its rich special economic zones and detailed division of county-level cities, demonstrates significant economic potential. In the future, it is suggested to continue strengthening regional coordinated development to promote high-quality economic growth across the province.

Launceston Airport Expands as Tasmania's Key Aviation Hub

Launceston Airport Expands as Tasmania's Key Aviation Hub

Launceston Airport, located in Tasmania, is a regional airport that has developed since its establishment in 1927. Currently, it serves one million passengers annually, with plans to reach a capacity of two million by 2030. The airport is primarily serviced by multiple airlines, offering connections on various domestic routes. Its facilities and functions are continually improving, providing a convenient platform for regional air travel.

07/29/2025 Logistics
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Asiapacific Customs Boosts Skills Via Remote Training

Asiapacific Customs Boosts Skills Via Remote Training

The 19th Heads of Asia Pacific WCO Regional Training Centers (RTCs) Meeting explored the role of remote training in customs capacity building during the pandemic. RTCs shared experiences, challenges, and innovative initiatives, emphasizing strengthened cooperation. They highlighted the use of data analytics and VR technologies to promote personalized and practical training. This aims to address the complex international trade environment and enhance regional customs capabilities.

Lismore Airport Expands Access to Australias Northern Rivers

Lismore Airport Expands Access to Australias Northern Rivers

Lismore Airport (LSY/YLIS) is a significant regional airport located in the Northern Rivers region of New South Wales, Australia. Its geographical coordinates and elevation are clearly defined. Primarily serving domestic flights, it provides convenient transportation and emergency services to the local community, fostering regional economic development. The airport is a vital link for the area, connecting it to larger cities and providing essential services.

ROCB Europe Enhances Customs Talent Development

ROCB Europe Enhances Customs Talent Development

The World Customs Organization (WCO) is assisting ROCB Europe in restructuring its organizational framework to build a competency-based human resource management system, ultimately enhancing regional customs capacity building. By defining positions, constructing competency models, and providing ongoing support, the WCO aims to create an efficient talent engine that promotes regional trade facilitation and security. This initiative contributes to strengthening the global customs cooperation network.

Victorias Swan Hill Airport Adopts YKER Code for Air Traffic

Victorias Swan Hill Airport Adopts YKER Code for Air Traffic

Kerrang Airport's ICAO code is YKER. Located in Victoria, Australia, it serves as a vital aviation hub connecting local communities to the world. This article explains the significance of ICAO codes, the airport's geographical location and regional importance, and how to find airport codes. It also provides a glimpse into the future development of Kerrang Airport, highlighting its continuing role in regional connectivity and potential for growth.