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. Reposted with permission. 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…

US data: manufacturing activity remains weak; improvements seen in consumer confidence and resi construction- Sober Look

The Manufacturing ISM number did not surprise to the downside as Goldman’s GSAI was indicating (see discussion). The divergence between GSAI and the ISM has in fact widened, as the corporate sector exhibits a great deal of pessimism. Nevertheless US ma…