Business Confidence in the United States decreased to 48.20 points in November from 48.70 points in October of 2025. This dataset provides the latest reported value for - United States ISM Purchasing Managers Index (PMI) - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Business Confidence in China increased to 49.20 points in November from 49 points in October of 2025. This dataset provides - China Business Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news.

China PMI: Mfg: Producer Price Index data was reported at 48.200 % in Nov 2025. This records an increase from the previous number of 47.500 % for Oct 2025. China PMI: Mfg: Producer Price Index data is updated monthly, averaging 58.900 % from Jan 2016 (Median) to Nov 2025, with 119 observations. The data reached an all-time high of 61.100 % in Oct 2021 and a record low of 40.100 % in Jul 2022. China PMI: Mfg: Producer Price Index data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Business and Economic Survey – Table CN.OP: Purchasing Managers' Index: Manufacturing.

■Application Instructions This grant and the following application form are for Small and Medium-Sized Enterprises Productivity Revolution Project Business Succession M& A This report was prepared for the “Types of Utilization of PMI Experts in the PMI Promotion Framework ” by grant (12 public offering). When applying in conjunction with the exit/rechallenge window, apply under the PMI Promotion Window Expert Utilization Type.

[Recommendation of Applications by 5 Business Days Prior to the Application Date] In this grant, it is expected that applications will be concentrated on the day before and the day of the application date due to the tendency of the application timing of the past public offering. In this public offering, due to examination schedule, there is a possibility that the application may not be accepted if the secretariat fails to point out deficiencies and return corrections several times for applications filed before the deadline, and if deficiencies are not resolved. To increase the likelihood of adoption, applicants who wish to have their applications pointed out or remanded should consider submitting their applications no later than 5 business days prior to the filing date (September 11, 2025).

■ Objectives and Overview Small and Medium-Sized Enterprises Productivity Revolution Project Business Succession M& A grant (Hereinafter referred to as "grant".) are persons from Small and Medium-Sized Enterprises and sole proprietors (Hereinafter, persons in Small and Medium-Sized Enterprises and sole proprietors are collectively referred to as "persons in Small and Medium-Sized Enterprises, etc.".). Business, etc., in which new initiatives are taken in the wake of Business Succession, business restructuring and business integration (Hereinafter referred to as the "Project".) Business Succession, business restructuring and business integration, and revitalize our country economy through productivity improvement.

■ Underlying Laws Law on the Proper Enforcement of budget for grants in Relation to grant, etc. Basic Law of Small and Medium-Sized Enterprises

■ Eligibility Individuals eligible for this grant must meet the following requirements of (1) - (14), and also Small and Medium-Sized Enterprises meet the requirement of "6. Subsidized Projects" as stated in the Public Offering Guidelines. In addition, in the case of the "Type of Utilization of PMI Experts (simultaneous application)," it is necessary to be a person in Small and Medium-Sized Enterprises, etc. who satisfies the requirements described in the separately published guidelines for the quota for utilization of experts.

• For the requirements for persons in Small and Medium-Sized Enterprises, refer to "Eligible Persons in Small and Medium-Sized Enterprises" in the Guidelines for Public Offering. *For joint applications, please refer to "7. See Application Unit.

  (1) Persons Eligible for the Assistance must have a base or residence in Japan and must carry on business in Japan. *In the case of a corporation, the registration of incorporation and the settlement and filing of accounts for 3 period are completed at the time of application. *The sole proprietor must be able to submit a copy of the tax return form B and the income tax blue return settlement form submitted to the tax office, as 5 years have passed since the date of submission of the "notification of opening of sole proprietorship" and the "application for approval of income tax blue return" to the tax office. (If tax filing and filing are done electronically, submit additional "details of mail" or "notice of receipt" (acceptance result) to confirm acceptance. If there is no "Mail details" or "Receipt notification" (acceptance result), "Tax payment certificate (2) Certificate of the amount of income" or "Taxation certificate (with the amount of income)" must also be submitted) * For foreign nationals, attach a certificate of residence clearly stating the items of "nationality/region," "Period of stay, etc.," "Status of residence," "Expiration date of period of stay, etc.," and "Classification under Article 30, 45." (2) Subsidy recipients must be people in Small and Medium-Sized Enterprises who contribute to the local economy. A person in Small and Medium-Sized Enterprises, etc. who is contributing (or plans to contribute) to the regional economy by, for example, maintaining or creating jobs in the region or supporting the region with technology or specialty products that are the region's strength. •It contributes to the regional economy by maintaining and creating jobs in the region. •There are many purchases from the region where they are located or neighboring regions (intra-regional purchases). •Utilization of regional strengths (Technology, specialty products, tourism, sports, etc.) is being addressed. •Sales to regions other than the region in which the company is located or neighboring regions (sales outside the region) are large (including sales resulting from an increase in demand in the region due to inbound travel, etc.). •It plays a central role in projects that challenge new businesses and contribute to the local economy. •Regardless of the above, Others is making efforts to revitalize the regional economy by bringing ripple effects to the regional economy from the growth of the enterprises concerned. (3) The recipient of the subsidy or the director of the corporation is not an anti-social force such as an organized crime group. They should not have any relationship with antisocial forces. Incidentally, those who receive funds such as investment from anti-social forces are also excluded from the scope. (4) The subsidized person must not have a compliance problem. (5) Subsidy recipients must submit a feasibility report, etc. after completion of the Subsidy Project by the deadline. (6) Subsidy recipients must not violate the Public Offering Guidelines, etc. (7) Persons eligible for assistance shall respond appropriately to questions and requests for additional materials from the Secretariat. (8) The grantee agrees that the secretariat shall, when it deems necessary, notify grant, as amended, of matters relating to the adoption and issuance of the grantee and other approvals and notifications of results by the various secretariats. (9) That the grantee agrees that under no circumstances shall the Secretariat bear the various expenses incurred in delivering Others grant Application in the event of an event such as the return of grant. (10) Suspension of designation or suspension of designation for grant has not been implemented by the the Ministry of Economy, Trade and Industry or Small and Medium-Sized Enterprises Regional Innovation Agency. (11) grant All information including personal information provided at the time of application, use, submission of project report, etc. may be provided by the secretariat to the State and Small and Medium-Sized Enterprises Regional Innovation Agency for the purpose of project implementation, effective policy formulation, management support, etc. (provision of various information to applicants, etc.), and then disclosed by statistical processing, etc. while ensuring anonymity, or utilized as described in this Others Public Offering Guidelines. By filing this application, consent to use this data shall be given. In examination of grant, information on applications, issuance, etc. in other grant pertaining to the applicant held by grant Secretariat under the jurisdiction of the SME Agency will be used. In addition, for the efficient execution of grant, the parties agree to share information regarding the application and issuance of grant with other grant bureaus under the jurisdiction of the SME Agency. (12) Please make an application to grant *, which is under the jurisdiction of the Small and Medium Enterprise Agency, with the understanding that if you fail to meet the requirements for additional Wage Increases points, etc., within the past 18 months from the time of application, you will receive a significant deduction unless a justifiable reason is found. *As of July 2025, there were: grant for Promoting Productivity Improvement in Manufacturing, Commerce and Services (after the 17 public offering); IT Introduction Support Program for Improving Productivity in Services (after the 2024 public offering of grant for IT Introduction); grant for Sustaining Small Enterprises (after the 15 public offering); Business Succession M& A grant (after 8 Public Offering), Growth-oriented Small and Medium-Sized Enterprises R & D Support Project (r&d support program for growth-oriented technology smes Project) (after the 2024 Public Offering), grant for Business Reconstruction (after the 12 Public Offering), (including the Labor Saving Investment Subsidy Project in Small and Medium-Sized Enterprises (after 1 Public Offering)) (13) You must be able to cooperate with surveys, questionnaires, etc. related to subsidized projects requested by the secretariat. (14) grant beneficiaries of past Resource Takeover grant or Business Succession Takeover grant that properly performed commercialization reports by the due date (Those who have failed to submit a feasibility report despite the obligation to do so are excluded from the scope.).

  [Eligible Small and Medium-Sized Enterprises Persons] Pursuant to Article 2 of the Basic Law for Small and Medium-Sized Enterprises, Small and Medium-Sized Enterprises Persons in this grant are defined as follows: Industry Classification Definition Manufacturing Others (Note 1) Companies with less than 300 million JPY in capital or total contributions, or companies with less than 300 regular employees and sole proprietors Wholesale Trade Companies with less than 100 million JPY in capital or total contributions, or companies with less than 100 regular employees and sole proprietors Retail Trade Companies with

■Application Instructions This grant and the following application form are for Small and Medium-Sized Enterprises Productivity Revolution Project Business Succession M& A This report was prepared for "Types of Investment for Business Integration under the PMI Promotion Framework" by grant (12 public offering). If applying in conjunction with the exit/rechallenge window, apply under the PMI Promotion Window Business Integration Investment Type.

[Recommendation of Applications by 5 Business Days Prior to the Application Date] In this grant, it is expected that applications will be concentrated on the day before and the day of the application date due to the tendency of the application timing of the past public offering. In this public offering, due to examination schedule, there is a possibility that the application may not be accepted if the secretariat fails to point out deficiencies and return corrections several times for applications filed before the deadline, and if deficiencies are not resolved. To increase the likelihood of adoption, applicants who wish to have their applications pointed out or remanded should consider submitting their applications no later than 5 business days prior to the filing date (September 11, 2025).

■ Objectives and Overview Small and Medium-Sized Enterprises Productivity Revolution Project Business Succession M& A grant (Hereinafter referred to as "grant".) are persons from Small and Medium-Sized Enterprises and sole proprietors (Hereinafter, persons in Small and Medium-Sized Enterprises and sole proprietors are collectively referred to as "persons in Small and Medium-Sized Enterprises, etc.".). Business, etc., in which new initiatives are taken in the wake of Business Succession, business restructuring and business integration (Hereinafter referred to as the "Project".) Business Succession, business restructuring and business integration, and revitalize our country economy through productivity improvement.

■ Underlying Laws Law on the Proper Enforcement of budget for grants in Relation to grant, etc. Basic Law of Small and Medium-Sized Enterprises

■ Eligibility Individuals eligible for this grant must meet the following requirements of (1) - (14), and also Small and Medium-Sized Enterprises meet the requirement of "6. Subsidized Projects" as stated in the Public Offering Guidelines.

• For the requirements for persons in Small and Medium-Sized Enterprises, refer to "Eligible Persons in Small and Medium-Sized Enterprises" in the Guidelines for Public Offering. *For joint applications, please refer to "7. See Application Unit.

  (1) Persons Eligible for the Assistance must have a base or residence in Japan and must carry on business in Japan. *In the case of a corporation, the registration of incorporation and the settlement and filing of accounts for 3 period are completed at the time of application. *The sole proprietor must be able to submit a copy of the tax return form B and the income tax blue return settlement form submitted to the tax office, as 5 years have passed since the date of submission of the "notification of opening of sole proprietorship" and the "application for approval of income tax blue return" to the tax office. (If tax filing and filing are done electronically, submit additional "details of mail" or "notice of receipt" (acceptance result) to confirm acceptance. If there is no "Mail details" or "Receipt notification" (acceptance result), "Tax payment certificate (2) Certificate of the amount of income" or "Taxation certificate (with the amount of income)" must also be submitted) * For foreign nationals, attach a certificate of residence clearly stating the items of "nationality/region," "Period of stay, etc.," "Status of residence," "Expiration date of period of stay, etc.," and "Classification under Article 30, 45." (2) Subsidy recipients must be people in Small and Medium-Sized Enterprises who contribute to the local economy. A person in Small and Medium-Sized Enterprises, etc. who is contributing (or plans to contribute) to the regional economy by, for example, maintaining or creating jobs in the region or supporting the region with technology or specialty products that are the region's strength. *Example of contributing to the regional economy • Contributing to the regional economy by maintaining and creating jobs in the region. •There are many purchases from the region where they are located or neighboring regions (intra-regional purchases). •Utilization of regional strengths (Technology, specialty products, tourism, sports, etc.) is being addressed. •Sales to regions other than the region in which the company is located or neighboring regions (sales outside the region) are large (including sales resulting from an increase in demand in the region due to inbound travel, etc.). •It plays a central role in projects that challenge new businesses and contribute to the local economy. •Regardless of the above, Others is making efforts to revitalize the regional economy by bringing ripple effects to the regional economy from the growth of the enterprises concerned. (3) The recipient of the subsidy or the director of the corporation is not an anti-social force such as an organized crime group. They should not have any relationship with antisocial forces. Incidentally, those who receive funds such as investment from anti-social forces are also excluded from the scope. (4) The subsidized person must not have a compliance problem. (5) Subsidy recipients must submit a feasibility report, etc. after completion of the Subsidy Project by the deadline. (6) Subsidy recipients must not violate the Public Offering Guidelines, etc. (7) Persons eligible for assistance shall respond appropriately to questions and requests for additional materials from the Secretariat. (8) The grantee agrees that the secretariat shall, when it deems necessary, notify grant, as amended, of matters relating to the adoption and issuance of the grantee and other approvals and notifications of results by the various secretariats. (9) That the grantee agrees that under no circumstances shall the Secretariat bear the various expenses incurred in delivering Others grant Application in the event of an event such as the return of grant. (10) Suspension of grant Issuance, etc. or Suspension of Nomination has not been implemented by the the Ministry of Economy, Trade and Industry and Small and Medium-Sized Enterprises Regional Innovation Agency. (11) grant All information including personal information provided at the time of application, use, submission of project report, etc. may be provided by the secretariat to the State and Small and Medium-Sized Enterprises Regional Innovation Agency for the purpose of project implementation, effective policy formulation, management support, etc. (provision of various information to applicants, etc.), and then disclosed by statistical processing, etc. while ensuring anonymity, or utilized as described in this Others Public Offering Guidelines. By filing this application, consent to use this data shall be given. In examination of grant, information on applications, issuance, etc. in other grant pertaining to the applicant held by grant Secretariat under the jurisdiction of the SME Agency will be used. In addition, for the efficient execution of grant, the parties agree to share information regarding the application and issuance of grant with other grant bureaus under the jurisdiction of the SME Agency. (12) Please make an application to grant *, which is under the jurisdiction of the Small and Medium Enterprise Agency, with the understanding that if you fail to meet the requirements for additional Wage Increases points, etc., within the past 18 months from the time of application, you will receive a significant deduction unless a justifiable reason is found. *As of July 2025, there were: grant for Promoting Productivity Improvement in Manufacturing, Commerce and Services (after the 17 public offering); IT Introduction Support Program for Improving Productivity in Services (after the 2024 public offering of grant for IT Introduction); grant for Sustaining Small Enterprises (after the 15 public offering); Business Succession M& A grant (after 8 Public Offering), Growth-oriented Small and Medium-Sized Enterprises R & D Support Project (r&d support program for growth-oriented technology smes Project) (after the 2024 Public Offering), grant for Business Reconstruction (after the 12 Public Offering), (including the Labor Saving Investment Subsidy Project in Small and Medium-Sized Enterprises (after 1 Public Offering)) (13) You must be able to cooperate with surveys, questionnaires, etc. related to subsidized projects requested by the secretariat. (14) For grant beneficiaries of past Resource Takeover grant or Business Succession Takeover grant, commercialization reports should have been properly implemented by the due date (Those who have failed to submit a feasibility report despite the obligation to do so are excluded from the scope.).

  [Eligible Small and Medium-Sized Enterprises Persons] Pursuant to Article 2 of the Basic Law for Small and Medium-Sized Enterprises, Small and Medium-Sized Enterprises Persons in this grant are defined as follows: Industry Classification Definition Manufacturing Others (Note 1) Companies with less than 300 million JPY in capital or total contributions, or companies with less than 300 regular employees and sole proprietors Wholesale Trade Companies with less than 100 million JPY in capital or total contributions, or companies with less than 100 regular employees and sole proprietors Retail Trade Companies with less than 50 million JPY in capital or total contributions, or companies with less than 50 regular employees and sole proprietors Services (Note 2) Companies with less than 50 million JPY in capital or total

ISM Manufacturing New Orders in the United States decreased to 47.40 points in November from 49.40 points in October of 2025. This dataset includes a chart with historical data for the United States ISM Manufacturing New Orders.

View monthly updates and historical trends for US ISM Services Inventory Sentiment Index. from United States. Source: Institute for Supply Management. Tra…

Philadelphia Fed Manufacturing Index in the United States increased to -1.70 points in November from -12.80 points in October of 2025. This dataset provides the latest reported value for - United States Philadelphia Fed Manufacturing Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Dallas Fed Manufacturing Index in the United States decreased to -10.40 points in November from -5 points in October of 2025. This dataset provides the latest reported value for - United States Dallas Fed Manufacturing Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.