The headline manufacturing Purchasing Managers’ Index increased by 1.2 percentage points in September, to 61.1%, continuing to indicate overall expansion of the manufacturing sector. … READ MORE >
manufacturing
Global manufacturing activity and delta-induced supply chain disruptions
Rising costs and supply chain constraints continue to disrupt U.S. manufacturing activity and may worsen as the world’s factory floors brace for more shutdowns linked to the spread of the coronavirus delta variant. Even U.S. companies that do not have operations in other countries can expect to feel the strain, considering they likely have global suppliers somewhere in their supply chain. … READ MORE >
RSM US Manufacturing Outlook Index: Confirmation of recovery despite supply chain constraints
July marks the 12th consecutive month of increasing confidence in the manufacturing sector, with sentiment now reaching more than two standard deviations above what would be considered normal. … READ MORE >
The rebirth of industrial policy in the United States
The U.S. Innovation and Competition Act of 2021, a $250 billion legislative package passed in June to facilitate the research and development of science and technology, represents a sea change in U.S. economic strategy and a return of the government’s use of industrial policy. But the embrace of industrial policy to solve economic and strategic problems carries with it considerable possibilities and risks. … READ MORE >
RSM Manufacturing Outlook Index: New orders, sales and sentiment imply economic expansion has begun
Surveys of manufacturers conducted by six regional Federal Reserve banks reflect robust confidence in the outlook for manufacturing, despite being tempered by supply chain bottlenecks and price increases. … READ MORE >
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 >
CHART OF THE DAY: Surging RSM US Manufacturing Outlook Index implies a robust recovery
For the second month in a row, manufacturers’ optimism surged, which implies further acceleration in overall industrial production and manufacturing conditions. … READ MORE >
CHART OF THE DAY: Rational exuberance and the RSM US Manufacturing Outlook Index
The manufacturing sector is signaling extreme confidence in a rapid end to the pandemic-induced economic shutdown and to the global manufacturing recession that preceded it. … READ MORE >
CHART OF THE DAY: Manufacturing sector leading the way out of recession
The economic downturn caused by the pandemic has had many unusual dynamics, and one of these is that the manufacturing sector, along with housing, is leading the way to recovery. … READ MORE >
RSM US Manufacturing Outlook Index: A sustained recovery as rebound takes shape
For the seventh consecutive month, the RSM US Manufacturing Outlook Index increased, showing above-normal manufacturing sentiment. … READ MORE >