About jwhitebynum

This author has not yet filled in any details.
So far jwhitebynum has created 567 blog entries.

July 2019

Advanced Durable Goods Orders

The U.S. Census Bureau reported that; new orders for durable goods orders decreased by 1.3% month on month, (m/m) in May, following the 2.8% decrease in April. The always-volatile nondefense aircraft orders, decreasing 28.2% m/m and 39.4% y/y influenced this trend significantly. The Advance Report on Durable Goods (DG), provides statistics on manufacturers' value of [...]

Construction Put-in-Place, (CPIP)

Total U.S. construction spending continued to perform well in May 2019, especially in the state and local sector. Census Bureau non-seasonally adjusted (NSA), constant dollar CPIP data showed that May’s twelve month total, (12MT) construction expenditures grew by 4.0% year on year (y/y), to $1307.0 billion (B). On a 12MT basis, private expenditures advanced 2.2% [...]

ISM Non-Manufacturing Index

The Institute for Supply Management’s non-manufacturing composite index decreased by 1.8 points month on month, (-3.2% MoM) to 55.1 in June. The ISM nonmanufacturing survey measures the rate and direction of change in activity in nonmanufacturing industries. Surveys are sent to more than 370 purchasing managers in 17 industries. Survey responses reflect the change in [...]

Architectural Billings Index

May’s ABI national overall score of 50.2 was down 0.3 points from April’s 50.5, but still in the expansionary zone, (>50). U.S. architecture firms with emphasis on commercial and industrial architect reported exceptional strong billings. Regionally activity was stronger in the Midwest and South. The new design contracts index decreased by 1.2 points to 50.9. [...]

ISM Manufacturing Index

The Institute of Supply Management’s Index moved down 0.4 points on month, (m/m) to 51.7 for June 2019. This value is an encouraging sign for the manufacturing sector.  The index has been greater than 50, (>50 = expansion) for thirty-three consecutive months. The new orders sub-index scored a 52.7.  Overall, the ISM manufacturing index is strong [...]