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 […]
Read MoreEuropean manufacturing remains weak but India and China continue growth The ISM® US Manufacturing PMI® registered 49 percent in September, 1.4 percentage points higher than the 47.6 percent recorded in August. According to the report issued by Timothy R. Fiore, Chair of the ISM® Manufacturing Business Survey Committee, the overall economy expanded weakly after nine […]
Read MoreGlobal manufacturing also remains weak with the exception of strong performance for India The ISM® US Manufacturing PMI® was reported at 46.9 percent for May, down slightly from the 47.1 percent reading in April. The figure represented a seventh consecutive month in contraction territory for US manufacturers and continued and overall downward trend that dates […]
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Outside the US, China and Italy Both Registered Solid PMI Increases for February The February ISM® Report On Business® issued a PMI reading of 47.7 percent for US manufacturers to end a five-month downward streak. The number was up three-tenths over the January figure of 47.4 percent.
Read MoreIndia and Italy both register above 50 percent for PMI readings to start the year While many countries seemed to find a bottom for manufacturing activity, the U.S. continued to slide deeper into contraction territory based on the latest PMI reading from the ISM® Report On Business® for manufacturing. The report tagged U.S. manufacturing with […]
Read MoreThe December ISM® Report On Business® gave a PMI reading of 48.4 percent for US manufacturers which continued an overall downward trend that dates back to November 2021. It was also the second straight month in contraction territory for US manufacturing.
Read MoreIndian Manufacturing PMI edges up to remain in growth territory for 17th straight month The November Institute for Supply Management® Report On Business® reported a PMI reading of 49 percent for U.S. manufacturers which represented a move into contraction territory for the first time since May 2020. The new figure supported an overall downward trend […]
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