September 2017

ISM Non-Manufacturing Index

The Institute for Supply Management’s non-manufacturing composite index moved-up 1.2 points in August to 55.3, a nice turn-a-round after July’s disappointing 3.5 point drop. The results were generally positive, as new orders and employment both improved. The trade details were mixed. New exports orders rose while imports fell. The non-manufacturing index is important to keep an [...]

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 [...]

August 2017

U.S. Manufacturing Inventory Census Report

Total seasonally adjusted (SA), non-inflation adjusted manufacturing inventories totaled $649,086 million (M) at the end of June, up 0.16% month on month, (m/m) and up 4.78% year on year, (y/y). The total manufacturing inventories to shipment ratio, (I/S) was up 0.01 to 1.38 m/m and up 0.03 percentage points y/y. The US Census Bureau issues [...]

ISM Non-Manufacturing Index

The Institute for Supply Management’s non-manufacturing composite index fell back more than analysts expected in July, dropping 3.5 percentage points to 53.9. Most economists expect non-manufacturing to pick-up over the next several months since consumer spending remains robust and construction activity is holding-up well. On a 3 month moving average basis (3MMA), the index scored [...]

ISM Manufacturing Index

The Institute for Supply Management’s manufacturing index for continues to perform well despite a 1.5 point drop to 56.3 in June, which was in-line with analysts’ expectations. The decline stemmed from a 3.1 point drop in new orders to a still very strong 60.4. Fourteen of 18 industries reported growth in new orders to include [...]

July 2017