Tag Archives: Manufacturing

October Industrial Production, Empire State Survey

Production Eases on Utilities and Mining Industrial Production for October eased by 0.1 percent as utility and mining output dropped. The Empire State Manufacturing Survey increased in November to 10.2. Total industrial production for October eased by 0.1 percent despite … Continue reading

Posted in Daily, General, United States | Tagged , , , | Comments Off

June ISM Manufacturing, May Pending Home Sales, Construction Spending

U.S. Manufacturing Logs Another Strong Month, Europe Not So Much The ISM Manufacturing Index for June ticked down to a still-strong 55.3 percent. The Pending Home Sales Index for May increased by 6.1 percent. May Construction Spending increased by 0.1 … Continue reading

Posted in Daily, General, United States | Tagged , , , , | Comments Off

April ISM Manufacturing, FOMC, March Construction, Income/Spending

Grab Bag of Data Consistent with Ongoing Expansion  The ISM Manufacturing Index for April increased to a solid 54.9 percent, boosted by employment. The Federal Reserve tapered asset purchases as expected. No change to the fed funds rate. March Construction … Continue reading

Posted in Daily, General, United States | Tagged , , , , , , , | Comments Off

Nov. ADP Employment, ISM Indexes, Auto Sales, New Home Sales, Oct. Trade

Better Economic Data for Fed to Contemplate The ADP Employment Report for November showed an increase of 215,000 private sector jobs. The November ISM Manufacturing Survey PMI improved to a solid 57.3 percent. The November ISM Non-Manufacturing Survey’s Purchasing Managers’ … Continue reading

Posted in Daily, General, United States | Tagged , , , , , | Comments Off

October ISM Manufacturing, Government Shutdown

Washington Doubles Down on Uncertainty, Potential Drag for Private Sector   The ISM Manufacturing Index for September increased to 56.2 percent, above expectations. Economic data will be limited by the federal government shutdown. Clinton era shutdown of 28 days dragged GDP … Continue reading

Posted in United States | Tagged , , , | Comments Off

July Intl. Trade and Construction Spending, August ISM Manufacturing

Trade Gap Widens at the Start of Q3  The U.S. International Trade Gap widened in July to -$39.1 billion after narrowing significantly in June. Construction Spending increased by 0.6 percent in July, with gains in private nonresidential. The August ISM … Continue reading

Posted in Daily, United States | Tagged , , , , , | Comments Off

June ISM Manufacturing, May Construction Spending

Indicators Show Moderate Growth in Just-Completed Second Quarter  The ISM Manufacturing Index for June increased to 50.9 percent, indicating slight improvement. Construction Spending for May gained 0.5 percent, held down by weak private non-residential activity. We cross the mid-year 2013 … Continue reading

Posted in Daily | Tagged , , , , , , , | Comments Off

January U.S. Employment, ISM Manufacturing Index, Dec. Construction

Limping Into 2013 as Fiscal Headwinds Increase The January Payroll Employment Survey showed a gain of 157,000 jobs, a bit below expectations. The Unemployment Rate for January increased to 7.9 percent, essentially unchanged for 5 months. Average Weekly Hours were … Continue reading

Posted in Daily, United States | Tagged , , , , , , | Comments Off

December U.S. Employment, Auto Sales, ISM Non-Manufacturing

Payroll job growth in December met expectations, up 155,000 for the month. The December unemployment rate was unchanged at 7.8 percent after an upward revision to the November rate. The good news in the report is that more workers working longer hours for more pay is at least a partial counterforce to the expected hit to real disposable income in the current quarter, coming as fiscal headwinds start to blow. Continue reading

Posted in Daily, United States | Tagged , , , | Comments Off

October ISM Manufacturing, September Construction Spending

Orders Support Manufacturing, But Other Pillars Weaker The September ISM Manufacturing Index decreased to 50.8 percent as production barely expanded. Construction Spending for September increased by 0.2 percent with gains in private residential. The ISM Manufacturing Index slipped to 50.8 … Continue reading

Posted in Daily, General, United States | Tagged , , | Comments Off