ISM’s Report on Business (RoB) blisters upward, but… My former residence within the real economy was right here, in the manufacturing base. I don’t miss
Here is the full ISM Report on Business if you’d like to check it out. Here are the concerning items I’ve marked up… Here are
I guess the post’s title could be taken a couple of different ways. But let’s play it straight and break down the report from my
The PMI declined again in August and it was not just due to less important readings like Production or Deliveries. The key failures are highlighted.
The headline is 58.7% (full report here) but I have highlighted in green the items that matter. New orders are brisk, along with employment. Inventories,
ISM is not going to move many needles one way or the other with this report. I’ve highlighted the important items. New orders eased but
The most important ISM element is the one that improved the most in September; New Orders. Order Backlog contraction eased as well, to near even.
The weak ISM headline number (PMI) was an excuse for bonds and precious metals to bounce and the US dollar to drop today. It evidently
Factory orders came in okay, joining a pretty good ISM (manufacturing) the other day while ISM (services) eased in May. Could we be seeing a
A fairly level ISM RoB for May. I’ve highlighted a couple notables. New orders are healthy and price creep is in effect, which would dovetail
Actually, respondents are not that dour. I would expect Medical Devices to be relatively strong; they always were at economic weak patches when I was
ISM’s November report is out and what do you know, we have another contraction. The general trend is that way under the pains of the
ISM is out and it was ‘meh’. I have highlighted what I think is the most relevant with new orders bouncing and employment declining. Full
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.