ISM Manufacturing Index: The Institute of Supply Management’s Index moved down 0.8 points on month, (m/m) to 50.9 for February 2020, this value is a little weaker than the forecast of 50.7. The index has been greater than 47, (>50 = expansion) for two consecutive months. The new orders sub-index scored a 49.8. Overall, the ISM [...]
U.S. Manufacturing Capacity Utilization: Manufacturing capacity utilization (MCU), scored a 75.1% in January, down 0.1% month on month (m/m), and down 2.1% year on year (y/y) Figure 1 charts capacity utilization from 2009 to present. The MCU index is currently in the green zone which is considered to be ideal. After a long run at [...]
ISM Non-Manufacturing Index: The Institute for Supply Management’s non-manufacturing composite index decreased by 0.5 points month on month, (0.6% MoM) to 55.5 in January. The ISM nonmanufacturing survey measures the rate and direction of change in activity in nonmanufacturing industries. Surveys are sent to more than 400 purchasing managers in 19 industries. Survey responses reflect the [...]
The Institute of Supply Management’s Index moved down 0.9 points on month, (m/m) to 47.2 for December 2019. This value is a discouraging 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 46.8. Overall, the ISM manufacturing index is [...]
U.S. Manufacturing Capacity Utilization: Manufacturing capacity utilization (MCU), scored a 74.5% in June, down 0.7% month on month, (m/m), its second monthly decreasing for the year. On a year on year (y/y) comparison the MCU was a modest -3.03%. Manufacturing fundamentals continue to improve. Both the U.S. and global economy are strengthening and at the same [...]
ISM Non-Manufacturing Index: The Institute for Supply Management’s non-manufacturing composite index decreased by 0.8 points month on month, (-1.5% MoM) to 53.9 in November. 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 [...]
The Institute of Supply Management’s Index moved down 1.3 points on month, (m/m) to 47.8 for September 2019. This value is an encouraging sign for the manufacturing sector. The index has been greater than 50, (>50 = expansion) for thirty-five consecutive months. The new orders sub-index scored a 50.8. Overall, the ISM manufacturing index is [...]
The Institute for Supply Management’s non-manufacturing composite index decreased by 1.2 points month on month, (down 2.1% MoM) to 55.2 in September. 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 [...]
Manufacturing capacity utilization (MCU), scored a 75.7% in August, up 0.4% month on month (m/m), and down 0.4% year on year (y/y) Figure 1 charts capacity utilization from 2000 to present. The MCU index is currently in the green zone which is considered to be ideal. After a long run at the bottom of the [...]
The Institute for Supply Management’s non-manufacturing composite index increased by 2.7 points month on month, ( up 5.0% MoM) to 56.4 in August. 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 [...]
