The RSM US Manufacturing Outlook Index continues to improve, with September’s results the fourth month of a developing uptrend. Three of the five regional Federal Reserve surveys reported increased activity during the month, while the Philadelphia and Kansas City regions reported significant ... READ MORE >
RSM US Manufacturing Outlook Index
RSM US Manufacturing Outlook Index: Signs of a bottom
The decline in the RSM US Manufacturing Outlook Index appears to be nearing a bottom. We think that the mild recession in the manufacturing sector is approaching its end. The nascent manufacturing construction boom will soon translate into robust new orders and we think that a policy-induced tailwind will ... READ MORE >
RSM US Manufacturing Outlook Index: A continued decline in July
The RSM US Manufacturing Outlook Index moved sideways in July as manufacturing firms in four of the five Federal Reserve regions again reported outright declines in activity as well as declines in new orders. Only the New York region reported increased activity and a rise in new orders, and ... READ MORE >
RSM US Manufacturing Outlook Index: Slowdown continues
Manufacturers across much of the United States reported slowing activity in June, according to surveys by regional Federal Reserve banks. The RSM US Manufacturing Outlook Index remained 1.7 standard deviations below normal, the 14th consecutive month of negative values. Our index is based ... READ MORE >
RSM US Manufacturing Outlook Index: Downturn continues
The RSM US Manufacturing Outlook Index dropped by two standard deviations below normal in May as firms reported decreases in both current shipments and new orders. This is consistent with the modest year-over-year decline in industrial production. Our index is based on surveys of manufacturing firms ... READ MORE >
RSM US Manufacturing Outlook Index: Slowdown continues into April
April marks a full year of contraction in the manufacturing sector. The RSM US Manufacturing Outlook Index, based on surveys conducted by five regional Federal Reserve banks, continued to signal a downturn in the production of goods during April. Overall manufacturing activity remains at ... READ MORE >
RSM US Manufacturing Outlook Index: Slowdown continues
There was little sign of improvement in U.S. manufacturing among the five areas surveyed in march by the Federal Reserve banks. According to the RSM US Manufacturing Outlook Index based on those surveys, manufacturing activity remains at 1.8 standard deviations below normal. That implies a ... READ MORE >
RSM US Manufacturing Outlook Index shows a continuing slowdown
The downturn in manufacturing continued in February, according to the RSM US Manufacturing Outlook Index. At 1.9 standard deviations below normal, our proprietary index implies a manufacturing sector set to lead the overall economy into a slowdown. While the overall economy remains ... READ MORE >
RSM US Manufacturing Outlook Index: Slowdown continues
The downturn in manufacturing in the United States continued in December and January, according to the RSM US Manufacturing Outlook Index. Our index has now dropped below levels of activity in previous midcycle downturns, falling from two standard deviations above normal in the summer of 2021 to ... READ MORE >
RSM US Manufacturing Outlook Index: Sentiment sours even as activity remains stout
Manufacturing sentiment continued to decline in November, according to the RSM US Manufacturing Outlook Index, driven by notable decelerations in the Philadelphia and Dallas regions. Firms in the New York, Richmond and Kansas City regions reported slight improvements over last month, though they ... READ MORE >