The manufacturing sector contracted for the second month in a row in November as lower overall demand and persistent labor shortages took their toll, the Institute for Supply Management reported on Friday. … READ MORE >
ISM manufacturing index
Job openings top estimates amid sharp drop in manufacturing
Job openings edged up in September as labor demand remained strong while the manufacturing sector declined at a faster rate than expected. … READ MORE >
Manufacturing sentiment improves for the first time in nearly a year
The sector’s overall index rose to 49% in September from 47.6% earlier, while the production subindex rose to 52.5% from 50%. … READ MORE >
Contraction in manufacturing eased in August
The manufacturing purchasing managers’ index rose to 47.6 in August, up from 46.4, but remained under the 48.7 that is considered neither an expansion or contraction. … READ MORE >
New data points to further economic slowdown and disinflation
Job openings fell to 9.58 million in June, the lowest since April 2021, according to government data released on Tuesday. … READ MORE >
Manufacturing sector shrinks again in February amid falling demand
The Institute for Supply Management’s manufacturing index in February was 47.7, remaining below the long-term breakeven point of 48.7. … READ MORE >
Manufacturing sector nears contraction
The ISM’s manufacturing index slowed to 49%, barely above the contraction threshold at 48.7%. It was the third straight decline as demand for manufactured goods stalled. … READ MORE >
Job openings and manufacturing production grow more than expected
Job openings came in hotter than expected in September, suggesting that the imbalance in the labor market will take longer to resolve than originally anticipated. … READ MORE >
Manufacturing slows in September as economy edges closer to contraction
The Institute for Supply Management’s purchasing managers’ index for manufacturing activities dipped to 50.9 in September, the lowest level since May 2020. … READ MORE >
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 >