Higher tariffs are likely over the next few years. In our estimation, firms do not have the luxury to wait and see how the policy changes turn out. … READ MORE >
RSM US Manufacturing Outlook Index: Expansion hits headwinds
The RSM US Manufacturing Outlook Index was more than 1.2 standard deviations above normal in October, suggesting an expansionary production sector; only 18% of the months since 1968 have had higher results. … READ MORE >
CHART OF THE DAY: U.S. durable goods orders stall
Orders for long-lasting factory goods decreased for the first time in 10 months in February, according to U.S. Department of Commerce data released on Wednesday. … READ MORE >
U.S. industrial production growth continues
The Federal Reserve said on Wednesday that its index of industrial production, a measure of output at factories, mines and utilities, rose 0.9% last month as output continued to recover from the depths of the economic shutdown last spring. … READ MORE >
CHART OF THE DAY: U.S. durable goods orders rise for eighth straight month
Orders for long-lasting factory goods increased in December, according to U.S. Department of Commerce data released on Wednesday. New orders for durable goods rose 0.2% to a seasonally adjusted $245.3 billion in December, following an upwardly revised 1.2% gain (previously 1%) in November. … READ MORE >
CHART OF THE DAY: Manufacturing upturn strongest since 2014
Driven by new orders, U.S. manufacturing output growth accelerated in January at the second-fastest rate in almost six years, according to the IHS Markit Flash U.S. Manufacturing Purchasing Managers’ Index. … READ MORE >
CHART OF THE DAY: U.S. manufacturing activity finishes the year strong
The ISM Manufacturing Purchasing Managers’ Index registered 60.7 in December, its eighth straight month of expansion, and 3.2 points above the 57.5 reading in November. … READ MORE >
CHART OF THE DAY: U.S. factory growth remains robust
U.S. manufacturing activity accelerated at its fastest pace in more than six years in December, according to the IHS Markit U.S. Manufacturing Purchasing Managers’ Index released on Monday. … READ MORE >
CHART OF THE DAY: Industrial production continues its recovery
The Federal Reserve on Tuesday said its index of industrial production, a measure of output at factories, mines and utilities, rose last month as output continued to recover from the depths of the economic shutdown this spring. Total production rose 0.4% in November, slightly above the consensus of 0.3% and … … READ MORE >
CHART OF THE DAY: Manufacturing expansion continues in November
U.S. manufacturing activity continued its expansion in November, according to the Institute for Supply Management’s Manufacturing Purchasing Managers’ Index. The index registered 57.5 in November, its seventh straight month of expansion, but was 1.8 points below the 59.3 reading in October. … READ MORE >