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 details of the report here…
This economic leading indicator* continues to decelerate. Again, our initial tip off was in July from my former associate's timely email informing that Japan's Mori Seiki was 'blowin' 'em out',…
There have been times when I've missed my old manufacturing days, but decelerating as the sector is, this is not one of them. In this atmosphere price increases are non-existent…
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 Philly Fed with a lousy…
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 for a larger view of…
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. Subscribe to NFTRH Premium for…
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 the big reversion in 2009. …
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 through May, while still weak,…
We have had the pulse of the precious metals every step of the way. We have mostly stayed on the right side of stock markets too. We have indicators and…
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 reminder, here is the latest…
All in all a decent ISM RoB report for May. This is in line with the excellent Semiconductor Equipment sector April b2b we noted in NFTRH 244. Notable items are…
Well, April ISM came in flat to March at 51.5%. The notables are highlighted, including exports, which got a boost in light of the weaker USD. Funny how that works.…
The long, slow deceleration in US manufacturing growth continues apace. I have highlighted some of the notables, including a pop in 'Prices', despite the downward pull in energy costs. There…
EDA has compiled US Machine Tool sales data for January and it was not good at all. This is the leading edge of manufacturing and it is trending lower. 'But…