ISM


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Long stretch of manufacturing growth comes to a halt in August, reports ISM
While recent months continued to show a pattern of a slowing down in manufacturing activity, even though the sector was still showing overall growth, data issued today by the Institute for Supply Management in its Manufacturing Report on Business (ISM) showed that manufacturing activity officially contracted in August, snapping a 35-month run of positive growth.

Non-manufacturing slips in July but still growing, says ISM
The index ISM uses to measure non-manufacturing growth—known as the NMI—fell 1.4% to 53.7 (a reading of 50 or higher indicates growth is occurring) in July. This reading represents the 114th consecutive month of NMI growth, with July’s NMI down 3.9% compared to the 12-month average of 57.6. July’s reading is the lowest over that span.

ISM reports July manufacturing output sees another slow growth month
The report’s key metric, the PMI, fell 0.5% to 51.2 (a reading of 50 or higher indicates growth), coming on the heels of 0.4%, 0.7%, and 2.7% declines in June, May, and April, respectively.

Non-manufacturing index slips but finishes first half of year with growth
The index ISM uses to measure non-manufacturing growth—known as the NMI—slipped 1.8% to 55.1 (a reading of 50 or higher indicates growth is occurring). This reading represents the 113th consecutive month of NMI growth, with June’s NMI down 2.8% compared to the 12-month average of 57.9. June’s reading is the lowest over that span.

June manufacturing ends first half of 2019 with growth
The report’s key metric, the PMI, dipped 0.4% to 51.7 (a reading of 50 or higher indicates growth), following 0.7% and 2.5% declines in May and April, respectively. The index has seen growth for 34 consecutive months, with the over all economy now having grown for 122 consecutive months.

Non-manufacturing output in May remains solid, reports ISM
The index ISM uses to measure non-manufacturing growth—known as the NMI—was up 1.4% to 56.9 (a reading of 50 or higher indicates growth is occurring).

Production output sees mild May decline, with slow growth, reports ISM
The report’s key metric, the PMI, fell 0.7% to 52.1 (a reading of 50 or higher indicates growth) in May, following a 2.5% decline from March to April, a 1.1% increase from February to March, and a 2.3% increase from December to January. While

ISM semiannual report predicts manufacturing and non-manufacturing growth in 2019
Forecast of continued growth in both the manufacturing and non-manufacturing sectors is based on feedback from U.S.-based purchasing and supply chain executives.

ISM reports manufacturing output slipped in April
The report’s key metric, the PMI, dipped 2.5% to 52.8 (a reading of 50 or higher indicates growth), following a 1.1% increase from February to March, a 2.4% decrease from January to February and a 2.3% increase from December to January.

Non-manufacturing output dips but is still growing, reports ISM
The index ISM uses to measure non-manufacturing growth—known as the NMI– fell 3.6% to 56.1 (a reading of 50 or higher indicates growth is occurring) in March, following a 3% gain from January to February.

Gains in March manufacturing output, ISM reports
March manufacturing output finished on an upswing in the first quarter, with the PMI up 1.1% to 55.3 following a 2.4% decrease from January to February.

Non-manufacturing shows strong growth in February, reports ISM
The index ISM uses to measure non-manufacturing growth—known as the NMI–rose 3.0% to 59.7 (a reading of 50 or higher indicates growth is occurring), following a 1.3% decline to 56.7 from December to January. This reading represents the 109th consecutive month of NMI growth, with February’s NMI up 1.0% compared to the 12-month average of 58.7.

AMT U.S. Manufacturing Technology Order Report: December dip caps off strong 2018
Key indicators for manufacturing were not available for December due to the government shutdown, but those that were point to continued growth at a slower pace in 2019.

ISM reports a mild dip in January non-manufacturing output
The index ISM uses to measure non-manufacturing growth—known as the NMI–dropped 1.3% to 56.7 in January compared to December’s 58. This marks the 108th consecutive month of growth for the NMI, with the January NMI off 2% compared to the 12-month average of 58.7.

January manufacturing output rebounds, but ISM says future growth could be limited
PMI increases 2.3% to 56.3 following a 5.2% decline in December. The index has now grown for 29 consecutive months, with the overall economy now having grown for 117 consecutive months.


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