The RSM US Manufacturing Outlook Index showed modest improvement over the last month, likely due to a combination of easing oil and energy costs as well as improved external demand despite weaker domestic economic activity. Although current shipments remain robust, new orders moved lower, which implies ... READ MORE >
manufacturing
Manufacturing sector activity hits lowest level in two years
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 >
RSM US Manufacturing Outlook Index shows a slowing industrial sector
The RSM US Manufacturing Outlook Index declined in June, signaling a slowdown in overall economic activity. The reading of 1.1 standard deviations below normal suggests that tighter financial conditions and the energy shock are taking a toll on the industrial sector. Our index is a composite of surveys ... READ MORE >
Chart of the day: Industrial production hits a record amid signs of a slowdown
Industrial production in the United States hit a record in May, but signs of a coming economic slowdown emerged in the report released on Friday by the Federal Reserve. Production volume overall increased by 0.2% on the month for the fifth straight monthly gain. At the same time, manufacturing ... READ MORE >
Manufacturing sector grew steadily in May
The manufacturing sector expanded at the slightly faster rate in May as demand remained strong, according to data from the Institute for Supply Management on Wednesday. The data will help alleviate some of the concern over an imminent recession as our recent RSM US Manufacturing Outlook Index dipped ... READ MORE >
RSM US Manufacturing Outlook Index shows 35% probability of recession over next year
The RSM US Manufacturing Outlook Index declined into negative terrain in May, signaling the impact of high inflation, rising interest rates, the lockdowns in China and the war in Ukraine. While this decline does not imply that the manufacturing sector or the U.S. economy has fallen into a ... READ MORE >
Chart of the day: Manufacturing grew at a slower rate in April
Manufacturing grew at a slower rate in back-to-back months as labor shortages continued to hamper production while demand moderated from January's high. The Institute for Supply Management's manufacturing index registered 55.4%, the slowest growth rate since July 2020, and down from 57.1% in March. An ... READ MORE >
RSM US Manufacturing Outlook Index: Decelerating growth as tensions mount
The deceleration of manufacturing is now in its ninth month, with the RSM US Manufacturing Outlook Index signaling the potential for further economic moderation from rising prices and slowing demand. A deeper dive into the RSM survey suggests that geopolitical uncertainty and a resurgent ... READ MORE >
RSM US Manufacturing Outlook Index: Geopolitical tensions and possibility of a midcycle slowdown
The RSM US Manufacturing Outlook Index increased in March but is showing signs of impending economic damage caused by the Russian invasion of Ukraine. Those warning signs may be creating the conditions for a classic midcycle slowing in overall manufacturing sentiment and activity. Our index is a ... READ MORE >
Industrial production advanced, and oil and coal outputs ramped up amid rising prices
Industrial production grew at a slower rate in February as utility outputs dropped back down from an unusually cold January. Manufacturing took the driver seat on the month, despite a sharp drop in auto production. The top line for production activities remained solid at 0.5% increase month-over-month, ... READ MORE >