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
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 >
RSM US Manufacturing Outlook Index: Continued signs of a slowdown
The downturn in manufacturing activity continued for the sixth consecutive month in October, according to the RSM US Manufacturing Outlook Index. With surging inflation and rising interest rates acting as a deadweight on business activity and expansion, it is likely that the global economy is either in or ... READ MORE >
RSM US Manufacturing Outlook Index: Decline in new orders leads a slowdown
The RSM US Manufacturing Outlook Index indicates a slowing manufacturing sector. This month’s reading of 1.47 standard deviations below normal manufacturing activity is the fourth month of decreased manufacturing since May after nearly two years of expansion. While employment remains solid, current ... READ MORE >
RSM US Manufacturing Outlook Index: Sour topline sentiment despite robust shipments
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 >
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 >
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 >