American manufacturing activity continued its six-month expansion in October, according to Institute for Supply Management data released on Monday, with 15 of the 18 manufacturing industries included in the data reporting growth. October marked the fastest pace of manufacturing expansion in the ... READ MORE >
ISM manufacturing index
RSM US Manufacturing Outlook Index breaks above 2018-20 downtrend
A rebound in U.S. manufacturing sentiment to the pre-trade war levels of the summer of 2018 implies that the domestic economy is moving briskly toward recovery. For this reason, we expect that the October Institute for Supply Management manufacturing index, set to be released on Monday, will ... READ MORE >
Manufacturing is recovering, but employment isn’t keeping pace
Industrial manufacturing activity is recovering from the economic turmoil induced by the pandemic, according to recent survey data from the Institute for Supply Management, but manufacturing employment has not rebounded at the same pace. After dropping to an 11-year low of 41.5 in April, the ISM’s ... 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 >
U.S. manufacturing expanded in August at highest level since Q4 2018
U.S. manufacturing activity continued its expansion in August, according to Institute for Supply Management data released Tuesday, with 15 of the 18 manufacturing industries included in the data reporting growth. Last month marked the highest level of expansion in the ISM’s manufacturing index since Q4 ... READ MORE >
ISM manufacturing gauge hits highest level since March 2019, but recovery is still a long way off
The Institute for Supply Management index, a closely watched measure of U.S. manufacturing activity, rose 1.6 points to 54.2 in July from 52.6 in the previous month, surpassing market expectations of 53.6. This marks the third consecutive month of expansion and a significant bounce from the 11-year low of ... READ MORE >
ISM manufacturing gauge returns to expansion with orders and production improving
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 ... 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 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 ... 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 ... READ MORE >