The Institute for Supply Management’s monthly index, a closely watched measure of U.S. manufacturing activity, rose 9.5 percentage points in June to 52.6 from the May reading of 43.1, its largest jump in 40 years. Readings above 50 indicate expansion in manufacturing activity. More factories reported growth in orders and production, and the upward move in ... READ MORE >
ISM manufacturing index
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 of 41.5 in April. The upturn was ... READ MORE >
ISM Manufacturing Index points to more damage ahead
The top-line ISM Manufacturing Index declined to 41.5 from 49.1, confirming that the economy sank into recession in March. The forward-looking new orders component declined to 27.1 from 42.2 and the employment sub-index collapsed to 27.5 from 43.8. The production sub-index declined to 27.5 from 47.7, reflecting the nature of the magnitude of shock ... READ MORE >
Key manufacturing index indicates the industry contracted in March
A key gauge of U.S. factory activity dipped into contraction territory in March, new data released Wednesday shows. The Institute for Supply Management’s manufacturing index dipped to 49.1 in March, from 50.1 a month earlier, and above the consensus of 44.5. A reading below 50 indicates contraction in the manufacturing sector, which accounts for around ... 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 50 in the index indicate the manufacturing economy is ... 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 stock market and ... READ MORE >
ISM Manufacturing report puts a dent in prospect of global re-acceleration
A narrative began to emerge among investors and policymakers in the last quarter of 2019 that a global economic re-acceleration was at hand, thanks to an expected rebound in manufacturing. But the December ISM Manufacturing report, released on Friday, coupled with the fallout from rising tensions in the Middle East, have put a significant dent in that ... READ MORE >
Manufacturing activity declines for fourth straight month, ISM report shows
American factory activity declined for the fourth straight month in November as sluggish global growth and continued uncertainty over trade issues took their toll, according a key gauge released Monday by the Institute for Supply Management. The ISM’s purchasing managers’ index dropped to 48.1 in November, from 48.3 a month earlier, and below the ... READ MORE >