Posts Tagged ISM Manufacturing Index

ISM Manufacturing Index For August At 56.3

ISM Manufacturing Index was reported at 56.3 vs. prior reading of 55.5 and consensus of 52.8. Strange. Somebody knew…

Chart 1. ISM vs. Philadelphia and Empire State Manufacturing Surveys

Source: Bloomberg

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ISM Manufacturing Survey Preview

Till we get the actual number…. The consensus is at 52.8.

Chart 1. ISM  vs. Philadelphia and Empire State Manufacturing Surveys

Source: Bloomberg


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ISM Manufacturing Index For July At 55.5

ISM Manufacturing Index was reported at 55.5 vs. prior reading of 56.2 and consensus of 54.5.

Chart 1. ISM Manufacturing Index

Source: Bloomberg

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ISM Manufacturing Index Rolls-over

ISM Manufacturing Index came out at 56.2 vs. prior reading of 59.7 and consensus of 59.0. Another index rolling-over.

Chart 1. ISM Manufacturing Index

Source: Bloomberg

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ISM Manufacturing Index For April At 60.4

ISM Manufacturing Index was reported at 60.4 vs. 61 consensus and 59.6. Highest reading since May 2004; seems a tad overdone; there has more prosperous manufacturing periods since then.

Chart 1. ISM Manufacturing Index

Source: Blytic.com

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ISM Manufacturing Index Surprises To The Upside

ISM Manufacturing Index came out at 59.6 vs. prior reading of 56.5 and consensus of 56.3. A big positive surprise.

Chart 1. ISM Manufacturing Index

Source: Bloomberg

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ISM Manufacturing Index Tops Out

ISM Manufacturing Index came out at 56.5 vs. prior reading of 58.4 and consensus of 57.5.

Chart 1. ISM Manufacturing Index

Source: Bloomberg

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New Strenght?

The markets managed to find new strength to escape negative sentiment from the last week.  It looks that the S&P 500 support was broken for just one afternoon and that could prove to fuel further short term gains.

No major economic data today, so just a short look at yesterdays. The big news was ISM Manufacturing Index which was reported at 58.4 vs. 55 consensus and 55.9 reading the month before. The highest reading in at least 5 years. Big.

Personal Income and Outlays Report was another story, no change in short. A clear indication that the recovery is only statistical.

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Strong Start

ISM Manufacturing Index for December came out at 55.9 vs. 54.8 consensus and 53.6 reading for November.

Construction spending for November  fell -0.6% M-o-M (-13.2% Y-o-Y) vs. -0.5% consensus and flat reading for October.

The news of the day came out of China. China Purchasing Managers’ Index rose to 56.1. Bloomberg story: Chinese Manufacturing Grows by Most Since April 2004. The news propelled both equity and commodities higher. If we look at the components, it is evident that the increase has come on the back of stronger output and domestic orders. Export orders are expanding at a slower pace. Cost pressure is also rising. A mixed bag of impressions.

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GM CEO Resigns

ADP unemployment for November just came out at -169.000 vs. -209.000 last month. Similar as with jobless claims, the job loses are coming down, but U.S. economy is still losing jobs.

The story of the day in the U.S. yesterdays was GM CEO Fritz Henderson resignation. The resignation followed the Motor Vehicle Sales but apparently the reason was the GM board being not happy with  Mr. Henderson handling Opel and Saab asset sales. Bloomberg link: Henderson Said to Flunk Board’s 100-Day Review on Fixing GM.

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