Manufacturing capacity utilization (MCU), scored a 75.87% in June, up 0.3% month on month, (m/m), its second monthly increase for the year. On a year on year (y/y) comparison the MCU was a modest 0.44%. Manufacturing fundamentals continue to improve. Both the U.S. and global economy are strengthening and at the same time, the dollar [...]
The June Industrial production, (IP) report remains flat MoM for the month at 109.6. On a year on year, (y/y) basis, the IP index was up 2.0%. Prospects for continued growth in 2018 look promising indeed as companies will see a 14% decline in the corporate tax rate. An additional major benefit is the allowance [...]
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 [...]
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 [...]
The May Industrial production, (IP) report came in at 109.56, gaining 0.4% month on month, (m/m). On a year on year, (y/y) basis, the IP index was up 2.6%. Overall capacity utilization rose 0.4 percentage point, while manufacturing capacity utilization rose 0.9 percentage point. Utility production rose 2.1% in May, bouncing back from a sharp [...]
Manufacturing capacity utilization (MCU), scored a 75.7% in May, up 0.08% month on month, (m/m), its first monthly increase since January. On a year on year (y/y) comparison the MCU was a modest 0.8%. Manufacturing fundamentals continue to improve. Both the U.S. and global economy are strengthening and at the same time, the dollar has [...]
The Institute for Supply Management’s non-manufacturing composite index increased by 1.4 points month on month, (+2.5 %m/m) to 56.9 in May. The indexes remain strong in 2019, down 2.9% 12MMA y/y. The ISM nonmanufacturing survey measures the rate and direction of change in activity in nonmanufacturing industries. Surveys are sent to more than 370 purchasing [...]
The Institute of Supply Management’s Index moved down 0.7 points on month, (m/m) to 52.1 for May 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 [...]
The Institute for Supply Management’s non-manufacturing composite index decreased by 0.6 of a point month on month, (m/m) to 55.5 in April. The indexes remain strong in 2019, up 1.3% 12MMA y/y. The ISM nonmanufacturing survey measures the rate and direction of change in activity in nonmanufacturing industries. Surveys are sent to more than 370 [...]
The Institute of Supply Management’s Index moved down 2.5 points on month, (m/m) to 52.8 for April 2019. This value is an encouraging sign for the manufacturing sector. The index has been greater than 50, (>50 = expansion) for thirty-two consecutive months. The new orders sub-index scored a 51.7. Overall, the ISM manufacturing index is strong [...]
