U.S. manufacturing cools but globally factories take Omicron risks in their stride for now By Reuters

U.S. manufacturing cools but globally factories take Omicron risks in their stride for now By Reuters
U.S. manufacturing cools but globally factories take Omicron risks in their stride for now © Reuters. FILE PHOTO: A factory area is seen in front of Mount Fuji in Yokohama, Japan, January 16, 2017. REUTERS/Kim Kyung-Hoon

By Jonathan Cable and Leika Kihara

LONDON/TOKYO (Reuters) – Global manufacturing activity remained strong in December as factories took rising cases of the new Omicron coronavirus variant in their stride, although persistent supply constraints and rising costs clouded the outlook for some economies.

Rising global infections have inspired policymakers to tread carefully, with outbreaks in China forcing some firms to suspend production and threatening to disrupt output for memory chip giants, such as Samsung Electronics (OTC:).

Yet for now, the hit from Omicron to output appears to be modest, according to surveys released on Monday and Tuesday with even a cooling in demand for goods in the United States still…

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