manufacturing growth

Manufacturing Activity Slows as Tariff Concerns Grow

U.S. electronics companies are feeling the pressure of widespread component shortages, according to the Institute for Supply Management’s latest report. Although the overall U.S. manufacturing index — the PMI — remains robust, supply constraints and extended lead times have caused some computer and electronic companies to delay or even miss sales opportunities. “Supply constraints, extended lead…

U.S. Manufacturing Expansion Nears 14-Year High

U.S. factory activity in February reached its highest level since May 2004, indicating sustained strength across all U.S. manufacturing sectors. The nation’s leading factory index, the Institute for Supply Management’s PMI, reached 60.8 percent in February, up 1.7 percentage points from January’s reading of 59.1 percent. The February data represents the 106th straight month of…

U.S. Manufacturing Pace Moderates in July

The pace of growth in the U.S. manufacturing industry moderated a bit in July as new orders and production scaled back from June levels. Nevertheless, the U.S. manufacturing sector continues to expand: the nation’s leading factory index, the Institute for Supply Management’s PMI, registered 56.3 percent in July, a decrease of 1.5 percentage points from…

U.S. Manufacturing Surges in June

U.S. factories hit overdrive in June as domestic manufacturing indexes showed significant growth from the prior month. The Institute for Supply Management’s leading index, the PMI, increased by 2.9 percent in June to reach 57.8 percent – its fastest pace in nearly three years. All PMI supporting indexes followed suit: The new orders index registered…

manufacturing, factories, ISM, US factories

Manufacturing Pace Cools in April

The pace of manufacturing growth in the U.S. cooled somewhat in April, even though the segment continues to expand. New orders and factory employment decelerated from March levels while the nation’s leading production index, the Institute for Supply Management’s PMI, declined by 2.4 percent to 54.8. Any number above 50 indicates growth, and most of the…

ISM: Manufacturing Growth ‘Sustainable’

U.S. manufacturing activity in November reached its highest level since February 2015, positioning the industry to close 2016 on a positive note. The Institute for Supply Management’s (ISM) manufacturing index, the PMI, increased by 1.3 percent to reach 53.2 percent in November, the third consecutive month of growth. “We’ve seen this trend of gradual growth…