A nascent expansion in U.S. manufacturing has slowed, as the threat of new tariffs has fed into rising prices, a closely watched survey showed. The purchasing managers index, from the Institute for Supply Management,

Canadian manufacturing activity contracted for the first time in six months in February as an uncertain trade outlook led to firms turning the most pessimistic since the start of the COVID-19 pandemic.

Manufacturing activity slowed in February while costs increased and employment contracted as President Trump's tariff policies weighed on the sector.

The long-running downturn in the euro zone's manufacturing industry showed further signs of easing last month as demand fell at the slowest pace in almost three years, a survey showed on Monday. HCOB's final euro zone manufacturing Purchasing Managers' Index,

"It's still too early to call it a recovery, but the PMI hints that the manufacturing sector might be finding its footing. New orders are falling at the slowest pace since May 2022, and production is edging closer to stabilising. So, after almost three years of recession, we could see a bit of growth in the coming months."

Manufacturing ISM Report on Business is out and with it comes a Manufacturing PMI of 50.3%, showing an ongoing expansion of the