US manufacturing (ISM PMI) has dropped in sytematic, robotic fashion over the last 12 months From an index reading of 53% in June, 2022 to 47% today, the sector has…
The March ISM report on manufacturing is right on schedule to our macro view Manufacturing is not a laggard, like a lot of the inflation stuff and services-related employment still…
The Empire State Manufacturing survey is bad Here is the report (PDF) from the New York Fed. Let's just take a visual journey down the road to disinflation/deflation and economic…
The December ISM Manufacturing Survey is per our 2023 plans The December ISM report is bad, folks. And it's on track to our favored view for this year as the…
Philly Fed manufacturing and non-manufacturing data are decelerating Philly Fed manufacturing survey for December Current Philadelphia area manufacturing activity has drilled down toward recession levels, while optimistic survey respondents see…
Post-pandemic supply chain disruptions are becoming a thing of the past Check out the state of one of the drivers that exacerbated the inflation created by the Federal Reserve. As…
The September ISM shows manufacturing continuing to weaken Of course, this is a forward looking economic indicator, so why would our friends at the inflation-fighting Federal Reserve take it or…
ISM hints at forward deceleration Uncle Buck As a former manufacturing guy I am well aware of how monetary policy and the state of the US dollar affects US manufacturers.…
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 it even one little bit,…
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 what some respondents have to…
It's just one region, but the Philly Fed's Manufacturing survey bumped up in its most recent reading. The thing I find most interesting is the expectation that manufacturers will be…
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. Backlogs grew for the period…
Strong economy! Okay, now that we have that out of the way the futures reversed this morning on the jobs report that should have been no surprise to anyone. It's…
Full report here From NY Fed: Business activity grew at a solid clip in New York State, according to firms responding to the April 2018 Empire State Manufacturing Survey. The…