Space and intelligence companies capitalized on vertical integration efforts and successful launch test phases to remain competitive, according to recent earnings calls … READ MORE >
Industrials
ISM manufacturing: Sentiment points to modest increase in growth
Manufacturing sentiment in August pointed toward a modest acceleration in growth inside the ISM manufacturing survey, even as the headline number stayed flat at 52.8 compared to July. … READ MORE >
RSM US Manufacturing Outlook Index: Decline in new orders leads a slowdown
The RSM US Manufacturing Outlook Index indicates a slowing manufacturing sector. … READ MORE >
Earnings call roundup: Defense technology
Defense technology executives discussed supply chain and labor challenges recently during their second-quarter earnings calls. … READ MORE >
Core capital goods investments grow while pending home sales fall
Although the top-line durable goods orders number remained flat on the month in July, core capital goods orders increased by 0.4%, beating estimates. In a separate report, pending home sales fell by 1% in July. … READ MORE >
Industrial production rose in July, tempering recession fears despite housing starts drop
Even alongside the decline in housing starts, this industrial data shows that recession fears may have been overblown after the economy contracted for two consecutive quarters in the first half of 2022. … READ MORE >
RSM US Manufacturing Outlook Index: Sour topline sentiment despite robust shipments
July’s reading of 0.6 standard deviations below normal manufacturing conditions marks the third month of sub-standard activity. … READ MORE >
Manufacturing sector activity hits lowest level in two years
The manufacturing purchasing managers’ index inched down to 52.8 from 53 the previous month, still indicating growth as readings above 48.7 generally show business expansion. … READ MORE >
Unexpectedly strong durable goods orders and trade data temper recession concerns
Durable goods orders and goods trade deficit in June beat expectations, according to data released Wednesday, tempering recession concerns before the Federal Reserve is expected to announce a rate hike later in the day. … READ MORE >
RSM US Manufacturing Outlook Index shows a slowing industrial sector
Three of the Federal Reserve’s regional surveys on manufacturing activity are now reporting outright contractions and the other two are falling quickly toward contraction. … READ MORE >