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Economy

Manufacturing Activity Contracted in February

For the fourth consecutive month, economic activity in the manufacturing sector contracted in February following a 28-month period of growth, say the nation’s supply executives in the latest Manufacturing ISM Report On Business. “The February Manufacturing PMI® registered 47.7%, 0.3 percentage point higher than the 47.

Economic Value of Monterey County’s Wine and Winegrape Sector: $1.4 Billion Annually

The Monterey County, Calif., wine and winegrape sector and the businesses that support the industry deliver a total economic contribution of $1.4 billion in annual economic activity for Monterey County’s economy, according to a new report commissioned by the Wine Institute and the California Association of Winegrape Growers

Bev/Al Wholesale Sales Fell 1.8% in November

Alcohol beverage wholesalers saw their sales fall 1.8% in November from a year ago and their inventories rise 22.6%, the Census Bureau reported. That 1.8% decline year-to-year was in sharp contrast to the 8.7% increase bev/al wholesalers logged a year earlier. Bev/al