Semi.org’s latest book-to-bill (b2b) data is out, for August. The all-important ‘Bookings’ data hit a 6 month high (in its 3 mo. average) and if
In line with the New York Fed and our own ahead of the curve readings on manufacturing (machine tools) from back in July, comes the
From the New York Fed: “The September 2015 Empire State Manufacturing Survey indicates that business activity declined for a second consecutive month for New York
According to the amalgamation of ‘Leading Indicators’ to the economy, it is time for a rate hike. Here is the graph of LI and Fed
Employment growth eased in August. Here is the full report from BLS: Employment Situation – August 2015 Growth continues to cluster in the services, as
Right in line with the information I got from a former industry colleague back in July, Machine Tool sales data have continued to degrade. Click
As usual, the key items are highlighted and the full report can be viewed at ISM. It’s another counter-cyclical hiccup for the Good Ship Lollipop.
From the NY Fed… Empire State Manufacturing Survey Full PDF report here. New Orders is a key component, obviously, as that is where future business
Our guess is off by 20k. As expected, it was ‘services’ that led hiring in July. Full BLS release here.
With the soft ADP the other day and other signs of economic flattening, some people may be looking for a weak Payrolls report tomorrow. I
Some handy graphics from FloatingPath… Factory Orders increased in June (note: USD was weak in June) and had been on par throughout the ‘expansion’ after
Sales of new Machine Tools (blue line) bumped up in June. Apparently they adjust this data but don’t make mention of revisions. The graphical representation
I heard from a former associate who reads this site (hi Pat!) that things are continuing to degrade in the Machine Tool area. As a
Click the graphic for the full BLS report…