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 >
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. … 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. … 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 an 11-year low … … 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, and below the consensus of 50.5. … 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. … 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 has been propped up by a robust … … 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 47.9, implying a modestly slower pace of contraction in domestic manufacturing sentiment. … READ MORE >