September 2017

ISM Manufacturing Index

Manufacturing is picking-up according to the latest report from the Institute for Supply Management. The Purchasers Manger’s Index posted a score of 58.8, up 2.5 points month on month, (m/m) surpassing analysts’ expectations. The new order sub index was north of 60 for the fourth month in a row. Twelve of 18 industries reported growth [...]

Construction Put in Place

The U.S. construction market continues to perform well having recorded positive growth for 72 consecutive months. Census Bureau non-seasonally adjusted (NSA), constant dollar CPIP data showed that July total construction expenditures grew by 4.1% year on year (y/y), to $1212.2 billion (B). Private expenditures advanced 7.1% y/y, while, State & Local contracted by 4.0% y/y. [...]