Tag Archives: Manufacturing

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

Posted on February 1, 2013 by Comerica Economics

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 →

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

Posted on January 4, 2013 by Comerica Economics

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 →

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October ISM Manufacturing, September Construction Spending

Posted on November 1, 2011 by Comerica Economics

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 →

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