Canadian Strength Continues Four Straight Months of PMI Growth The ISM U.S. Manufacturing PMI registered 48.4 percent in November, a 1.9 percentage-point increase from October’s 46.5 percent, according to Timothy R. Fiore, Chair of the ISM Manufacturing Business Survey Committee. This marks the eighth consecutive month of contraction and the 24th contraction in the last […]
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By Phillip M. Perry Healthy economic growth will help bolster profits for construction and manufacturing operations in 2025. Lower interest rates, a decline in inflation, a rebound in housing activity and governmental infrastructure support will generate tailwinds. However, businesses must beware of supply chain disruptions resulting from geopolitical tensions, as well as the growing threat […]
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Global Manufacturing Slows Overall But Canada Pushes Into Growth Mode The ISM U.S. Manufacturing PMI held steady at 47.2 percent in September, matching August’s figure and marking the sixth consecutive month of contraction. According to Timothy R. Fiore, Chair of the ISM Manufacturing Business Survey Committee, demand continued to weaken while production showed signs of […]
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Other Countries Follow the Trend, But the UK and India Continue to Soar The ISM U.S. Manufacturing PMI® dropped to 46.8 percent in July as U.S. manufacturing saw a fourth straight month of decline and well below the June figure of 48.5 percent.
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Indian and UK Manufacturers Post Good Numbers for June The ISM U.S. Manufacturing PMI® was reported at 48.5 percent for June to represent a third straight month of decline for the index. Excluding a reading of 50.3 percent in March, the index has been below the 50 percent mark since October of 2022.
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India and China Continue to Post Strong Manufacturing Numbers After a brief push into growth territory in March, the ISM U.S. Manufacturing PMI® slipped in April to 49.2 percent and followed in May with a 48.7 percent reading. The overall economy continued in expansion territory for the 49th straight month. “Demand remains elusive as companies […]
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Italy and the UK Also Move Into Growth Territory The ISM U.S. Manufacturing PMI® jumped to 50.3 percent in March, up 2.5 percentage points from the 47.8 percent figure recorded in February. The reading put U.S. manufacturing into growth territory for the first time since October of 2022.
Read MoreGlobal Manufacturers Also See Upward Movement in January The Manufacturing PMI® for January was reported at 49.1 percent in the latest Manufacturing ISM® Report On Business® released by the nation’s supply executives. The figure represented a two-percentage-point increase from December’s figure of 47.1 percent but remained in contraction territory.
Read MoreGerman Manufacturers See a Fourth Straight Month of Improvement ISM reported a U.S. Manufacturing PMI of 47.4 percent for December to push up slightly from the November reading of 46.7 percent. Despite the improvement, the report from ISM says the figure indicates a 14th consecutive month of contraction for U.S. manufacturers.
Read MoreGerman and UK Manufacturing Register Strong Improvement in November ISM® reported a U.S. Manufacturing PMI® of 46.7 percent in November matching the same figure in October. The stagnant readings for both months halted a three-month uptrend from July through September that seemed to show U.S. manufacturing on track to move above the 50 percent mark […]
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