Tag Archive for Ism

This 4th of July let’s celebrate all the economic improvements in the US – Sober Look

As we approach the 4th of July weekend, there are plenty of reasons to celebrate all the economic improvements we’ve witnessed in the US recently. After all, the Fed is talking “taper” because economic conditions are so much better than they were a year ago when the current round of quantitative easing was launched. Among other things, the nation is undergoing a manufacturing Renaissance. Except we ran into a bit of a “soft patch” this spring.

Complete confusion over the trajectory of the US manufacturing sector – Sober Look

This is a syndicated repost courtesy of Sober Look. To view original, click here. The divergence between the two US manufacturing gauges (discussed here) is making market participants uneasy – again. The Markit PMI measure (both seasonally adjusted and unadjusted) for March was clearly in growth territory. >50 = expansion Markit’s commentary on US manufacturing…

US May manufacturing growth slows: ISM – Full story

US May manufacturing growth slows: ISM (via AFP) Growth in the US manufacturing sector slowed in May as the pace of production dropped on falling prices and slower orders, the ISM monthly purchasing manager survey showed Friday. The Institute for Supply Management’s index fell to 53.5 from 54.8 in April, showing the sector is still…