U.S. manufacturing sector activity continued to slow in July to its lowest level in two years as demand and prices cooled off, the Institute of Supply Management reported on Monday. The manufacturing purchasing managers’ index inched down to 52.8 from 53 the previous month, still indicating growth as ... READ MORE >
ISM
CHART OF THE DAY: Manufacturers wrestle with disruptions, shortages and rising prices
Manufacturing growth eased from its breakneck pace in April as supply chain bottlenecks and material shortages increase backlogs and limit production efforts. The Institute for Supply Management’s manufacturing index eased to 60.7 in April from a 38-year high of 64.7 in March. Readings above 50 indicate ... READ MORE >
Latest ISM data shows manufacturing activity cooled in September, but still grew
The Institute for Supply Management index, a closely watched measure of U.S. manufacturing activity, decreased in September to 55.4 from 56 in the previous month and fell below market expectations of 56.5. While this marks the fifth month in a row that economic activity expanded for manufacturing, the ... READ MORE >
Latest ISM manufacturing data shows signs of stabilization
The Institute for Supply Management index, a closely watched measure of U.S. manufacturing activity, rose in May for the first time since January, hinting that activity is beginning to stabilize following huge market disruptions created by the COVID-19 pandemic. The index improved to 43.1 in May from ... READ MORE >
ISM manufacturing index declines in February
The Institute for Supply Management’s manufacturing index — a key gauge of U.S. factory activity — dropped to 50.1 in February from 50.9 a month earlier, falling slightly below economists' expectations. Sluggish global growth amid the spread of the coronavirus was a factor in that drop. Figures above ... READ MORE >
Key manufacturing index shows expansion in January, but may not be sustainable
The Institute for Supply Management on Monday said its purchasing managers' index (PMI) increased to 50.9 in January against an expectation of 48.5, rising above 50 for the first time since July 2019, and from a four-year low of 47.8 in December. An indicator above 50 is considered an expansion in ... READ MORE >
Continued warnings or signs of bottoming out for industrial production and manufacturing
The Conference Board’s Leading Economic Indicator moved slightly lower in December, continuing a downward trend that began in the last months of 2018. Movement of the leading indicator has traditionally coincided with trends with industrial-sector activity. In this current cycle, the leading indicator ... READ MORE >
ISM Manufacturing Index continues to contract
The October ISM Manufacturing Index continued to contract in October, though it improved to 48.3 from September's reading of 47.8, implying a modestly slower pace of contraction in domestic manufacturing sentiment. The forward-looking new orders index improved to 49.1 from 47.3. Both are in line with ... READ MORE >