U.S. Manufacturing: March Madness

Following six consecutive months of contraction, the U.S. manufacturing industry increased in March by a healthy 2.3 percentage points on the nation’s leading index. The Institute for Supply Management’s (ISM) PMI reached 51.8 percent from the February reading of 49.5. Any number above 50 indicates growth. The PMI is riding high on an increase in…

Manufacturing Index Hits 3-Year Low

The nation’s manufacturing industry in November contracted for the first time in 36 months, dragged down by declines in production, new orders and raw materials inventory.  The Institute for Supply Management‘s PMI—an index of U.S. purchasing managers – fell to 48.6 percent, a decrease of 1.5 percentage points from the October reading of 50.1 percent.…

U.S. Manufacturing: Mixed Bag in October

The trifecta of a strong dollar, low oil prices and concerns about China continued to dog the U.S. manufacturing market in October. The domestic industry’s leading index, the Institute for Supply Management’s PMI, moved uncomfortably close to 50 — the dividing line between growth and contraction. The PMI in October measured 50.1 percent, down from…

ISM: PMI Declined Slightly in Feb.

Economic activity in the manufacturing sector expanded in February for the 26th consecutive month, and the overall economy grew for the 69th consecutive month, say the nation’s supply executives in the latest Manufacturing ISM® Report On Business®. The report was issued today by Bradley J. Holcomb, CPSM, CPSD, chair of the Institute for Supply Management®(ISM®)Manufacturing…

ISM: July Indexes Surge

Economic activity in the manufacturing sector expanded in July for the second consecutive month, and the overall economy grew for the 50th consecutive month, say the nation’s supply executives in the latest Manufacturing ISM Report On Business. The report was issued  by Bradley J. Holcomb, CPSM, CPSD, chair of the Institute for Supply Management™ Manufacturing…