November Richmond FED Manufacturing Survey At 9
Richmond FED Manufacturing Survey came out today at 9. Prior reading at 5.
It will be interesting to see ISM…regional manufacturing surveys contradictory.
Global Macro Perspectives
Richmond FED Manufacturing Survey came out today at 9. Prior reading at 5.
It will be interesting to see ISM…regional manufacturing surveys contradictory.
Philadelphia FED General Business Conditions Index rose to 22.5. The consensus was at 5.6, prior reading at 1.0.
Large positive surprise and big contradiction to Empire State Manufacturing…
Empire State Manufacturing Survey for November came out at -11.14 vs. 14.0 consensus and 15.73 prior reading.
Big ugly miss. Downward path resumed…
(For October 2010) ISM Manufacturing Index was reported at 56.9 vs. prior reading of 54.4 and consensus of 54.5. Manufacturing growth improved in October. Chart 1. ISM Manufacturing vs. Regional Manufacturing Surveys
(For October 2010) Chicago Purchasing Managers Index was reported at 60.6. The consensus was at 58.0, prior reading at 60.4. Regional manufacturing surveys signal improvements in October. Using rule of thumb I would say that industrial production in October will be unchanged. Chart 1. ISM vs. Chicago PMI and Regional Manufacturing Surveys
(For October 2010) Richmond FED Manufacturing Survey came out today at 5. The consensus was at 1.0, prior reading at -2. We could probably see improved ISM manufacturing reading for October. Chart 1. ISM vs. Richmond Fed and Regional Manufacturing Surveys
(For October 2010) Philadelphia FED General Business Conditions Index rose to 1.0. The consensus was at 2.0, prior reading at -0.7. Slightly improved, but still close to contraction. Chart 1. ISM vs. Regional Manufacturing Surveys
(For October 2010) Empire State Manufacturing Survey for October came out at 15.7 vs. 6.0 consensus and 4.1 prior reading. Positive surprise. Chart 1. ISM manufacturing vs. Regional Manufacturing Surveys
(For September 2010) ISM Manufacturing Index was reported at 54.4 vs. prior reading of 56.3 and consensus of 54.5. The pace of growth in industrial activity is weakening. Chart 1. ISM vs. Philadelphia vs. Regional Manufacturing Surveys
(For September 2010) Chicago Purchasing Managers Index was reported at 60.4. The consensus was at 55.5, prior reading at 56.7. First manufacturing survey above consensus and pointing to expansion. Richmond FED Manufacturing, Dallas Fed Manufacturing, Empire State Manufacturing and Philadelphia FED General Business Conditions Index all point to lower ISM manufacturing while Chicago pints to higher ISM [...]
(For September 2010) Richmond FED Manufacturing Survey came out today at -2. The consensus was at 6.0, prior reading at 6. Another manufacturing survey bellow consensus and again pointing to contraction. Richmond FED Manufacturing, Dallas Fed Manufacturing, Empire State Manufacturing and Philadelphia FED General Business Conditions Index all point to lower ISM manufacturing. Richmond FED Manufacturing, Dallas Fed Manufacturing [...]
(For September 2010) Dallas FED Manufacturing Activity was reported at -17.7. The consensus was at -6.0, prior reading at -13.5. Again bellow consensus and again pointing to contraction. Dallas Fed Manufacturing, Empire State Manufacturing and Philadelphia FED General Business Conditions Index all point to lower ISM manufacturing. Dallas Fed Manufacturing and Empire State Manufacturing both deteriorated in [...]
(For September 2010) Philadelphia FED General Business Conditions Index rose to -0.7. The consensus was at +3.8, prior reading at -7.7. Again bellow consensus and again pointing to contraction. Both Empire State Manufacturing and Philadelphia FED General Business Conditions Index point to lower ISM manufacturing. Chart 1. ISM vs. Philadelphia FED, Empire State Manufacturing Surveys and Chicago PMI
(For September 2010) Empire State Manufacturing Survey for September came out at 4.14 vs. 8.0 consensus and 7.1 prior reading. Again bellow consensus; again deteriorating. It will be hard to produce another miraculous ISM Manufacturing reading. Chart 1. ISM vs. Philadelphia FED, Empire State Manufacturing Surveys and Chicago PMI
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