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 >
RSM US Manufacturing Outlook Index
RSM US Manufacturing Outlook Index rises for second month in a row
The RSM US Manufacturing Outlook Index rose for the second month in a row in September as economic conditions continued to improve. The index, which is based on surveys of manufacturing activity and sentiment by regional Federal Reserve banks, came in at 0.7 standard deviations above expectations, up from ... READ MORE >
RSM US Manufacturing Outlook Index remains negative
The RSM US Manufacturing Outlook Index continues to anticipate a slowdown in production, remaining negative in October at -0.59 standard deviations below normal conditions for the manufacturing sector. This is a slight improvement from its September value of -0.79 standard deviations. The MOI is a ... READ MORE >
New RSM US Manufacturing Outlook Index points to manufacturing slowdown, recession risk
A new manufacturing index from RSM has been declining on trend for 14 months since peaking in June 2018, and has been negative since December of last year. The performance of the new measure, the RSM US Manufacturing Outlook Index, suggests the potential for negative growth in manufacturing sales in the ... READ MORE >