PMI increased by 1.2 points to 53.9 percent for the month compared to 52.7 percent in November 2011. Factors that led to the growth include gains in backlogs, production and prices. Statement from Bradley J. Holcomb, chair of the ISM Manufacturing Business Survey Committee, about the issue is...
NEW YORK (ICIS)–The ISM US Manufacturing Purchasing Managers’ Index (PMI) improved to 48.4 in November – up 1.9 points from 46.5 in October, but remains in contraction (below 50) for the eighth consecutive month, and 24 out of the last 25 months. ...
Free Access Aug 1, 2024 - 9:45 PM MNI MNI: US JUL FINAL MANUFACTURING PMI 49.6 (FLASH: 49.5); JUN: 51.6 To read the full story Free TrialLog In Submit Log In Reset Password Submit Why MNI MNI is the leading provider of intelligence and analysis on the Global Fixed Income, Foreign ...
This is the best level since March and very similar to the S&P manufacturing PMI, which was 49.4 in yesterday’s final December report vs. 49.7 in November. While the ISM was higher than in recent months, it is still quite weak in absolute ... ...
chair of the ISM Manufacturing Business Survey Committee, said, “Manufacturing’s purchasing and supply executives expect to see overall growth in 2025.” Digging a little deeper into the PMI data revealed that Plastics & Rubber Products showed growth in December, an infrequent occurrence in the ...
sector only includes data provided by companies operating in the US services economy, encompassing a variety of consumer, business and financial services which are provided by the private sector (or otherwise charged for), the ISM services PMI in fact covers any activity other than manufacturing. ...
The U.S. manufacturing sector expanded in August, exceeding expectations and moving at the fastest pace in more than four years.
The US Dollar Index (DXY) refreshes a 10-month high at 107.20, supported by a hawkish stance from Fed policymakers, upbeat Manufacturing PMI data, and a cautious market mood. Technical Analysis: Gold price sees support near $1,800 Gold price finds buying interest near $1,820.00 after an in...
Economists polled by Reuters had forecast the PMI edging up to 48.8. Though manufacturing has been undercut by higher interest rates, the situation is probably not as dire as suggested by sentiment surveys such the ISM. So-called hard data from the government and Federal Reserve suggests the in...
While the index dipped slightly to 52.2 in March, manufacturing PMI ticked up to a 21-month high.2Meanwhile, U.S. services activity fell to a three-month low of 51.7. “Business activityin the U.S. continued to increase solidly at the end of the first quarter of the year, although gr...