Economic activity in the manufacturing sector continued to expand in April, according to the latest Institute for Supply Management (ISM) purchasing manufacturer’s index. While the PMI fell 2.4% from March, the report highlighted comments reflecting “stable to growing business conditions; with new orders, production, employment and inventories of raw materials all growing in April over […]
The headlines on global manufacturing in early 2016 tell a tough story… Global Manufacturing PMI Signals Stagnation (Seeking Alpha, March 4th) The manufacturing slowdown has spread to the services sector (Business Insider March 2016) Britain’s factories engulfed in global manufacturing slump (The Telegraph, March 1st) Manufacturing: A hard pounding (The Economist, February 18th) China Manufacturing […]
This August was not the time to be away on vacation if you’re in manufacturing. According to the Institute for Supply Management (ISM), new orders reached a level not seen since April 2004 and the pace of growth rose in August to its highest level since March 2011. The ISM said its index of national factory […]
Industrial production rose more than forecast in March 2014 after a big February gain, indicating U.S. factories are recovering after a tough, weather-depressed start to the year. Orders for new manufacturing technology orders were up over 40% for the first two months of the year in the Northeast, as compared with last year. Capacity utilization […]
According to the latest market data, the economy is improving. Durable goods orders were up 3.3% in April, housing starts and home prices are rising, and consumer confidence is on the mend.