Tag Archive for Manufacturing Sector

Global manufacturing growth remained modest in April

News Release- Produced by JPMorgan and Markit in association with ISM and IFPSM At 51.4 in April, up from 51.1 in March, the JPMorgan Global Manufacturing PMI™ signaled a modest expansion of the world manufacturing sector for the fifth month in a row. Output, new orders and employment all continued to rise during the latest survey…

ISM in Wonderland Media Reporting Versus Reality, Which Do You Prefer?

The big economic news story on Monday was the ISM Purchasing Managers Index. The headline number was only mildly positive, but it was enough so that Bloomberg was beside itself with joy. “Manufacturing in the U.S. expanded at a faster pace in March, driven by gains in employment and production that signal the world’s biggest…