PMI

Manufacturing Output Flat Month-to-Month, But Positive Signs Emerge

Monday, December 4, 2023 · Jeff Berman While the Institute for Supply Management’s monthly PMI remains in negative territory for November, several sectors are beginning to show signs of recovery.

Services economy continues showing strength, says ISM

Friday, July 7, 2023 · Jeff Berman The Services PMI, at 53.9, increased 3.6% and continues growing at a faster rate for the sixth consecutive month, ISM said.

January PMI is down but remains in close range to estimates, reports ISM

Wednesday, February 1, 2023 · Jeff Berman The report’s key metric, the PMI, at 47.4 (a reading of 50 or higher indicates growth), down 1.0% from December’s 48.4, contracting, at a faster rate, for the third consecutive month. The last three months of contraction, through January, were preceded by a stretch of 29…

December manufacturing output falls to finish 2022

Wednesday, January 4, 2023 · Jeff Berman The ISM report’s key metric, the PMI, came in at 48.4 (a reading of 50 or higher indicates growth), down 0.6% from November’s 49.0, contracting, at a faster rate, for the second consecutive month. The last two months of contraction were preceded by a stretch of 29…

Manufacturing output decreases in November, reports ISM

Thursday, December 1, 2022 · Jeff Berman The report’s key metric, the PMI, was 49.0 (a reading of 50 or higher indicates growth), down 1.2% from October’s 50.2, September’s 50.9 and back-to-back readings of 52.8 in July and August, with November’s contraction snapping a stretch of 29 consecutive months of…

August manufacturing output shows steady growth, says ISM

Friday, September 2, 2022 · Jeff Berman The report’s key metric, the PMI, was 52.8 (a reading of 50 or higher indicates growth), matching the July PMI, growing, at the same rate, for the 27th consecutive month, as well as the 27th consecutive month of overall economic growth.

July manufacturing output dips slightly but still growing, reports ISM

Monday, August 1, 2022 · Jeff Berman The July PMI reading is 4.8% below the 12-month average of 57.6, and it represents the lowest reading over the last 12 months and also the lowest going back to June 2020’s 52.4. The high over the last 12-month period is January’s 57.6.

June manufacturing output falls with growth still intact

Friday, July 1, 2022 · Jeff Berman The report’s key metric, the PMI, came in at 53.0 (a reading of 50 or higher indicates growth), for a 3.1% decrease compared to May’s 56.1 reading, marking the 25th consecutive month of growth, at a faster rate, as well as the 25th consecutive month of overall economic…

ISM report notes slight May manufacturing gains

Wednesday, June 1, 2022 · Jeff Berman The report’s key metric, the PMI, came in at 56.1 (a reading of 50 or higher indicates growth), for a 0.7% increase over March’s 55.4 reading, marking the 24th consecutive month of growth, at a faster rate, as well as the 24th consecutive month of overall economic growth.

Manufacturing ends 2021 with sequential decline but is still on a growth track

Tuesday, January 4, 2022 · Jeff Berman In its monthly Manufacturing Report on Business, ISM said that the report’s key metric, the PMI, was 58.7 (a reading of 50 or higher indicates growth), down 2.4% compared to November. This marks the 19th consecutive month of growth, at a slower rate, coupled with December…

Manufacturing output remains on strong footing in August, reports ISM

Wednesday, September 1, 2021 · Jeff Berman In its monthly Manufacturing Report on Business, ISM said that the report’s key metric, the PMI, came in at 59.9 (a reading of 50 or higher indicates growth), increasing 0.4% from July’s 59.5 reading.

Manufacturing output trends down but remains at a high level in July, reports ISM

Monday, August 2, 2021 · Jeff Berman ISM said that the report’s key metric, the PMI, came in at 59.5 (a reading of 50 or higher indicates growth), falling 1.1% from June to July. This represented the 14th consecutive month of growth, at a slower rate, coupled with July also representing the 14th consecutive…

ISM reports strong manufacturing gains for February

Monday, March 1, 2021 · Jeff Berman In its monthly Manufacturing Report on Business, ISM said that the report’s key metric, the PMI, was 60.8 (a reading of 50 or higher indicates growth), which was 2.1% higher than January’s 58.7, and matched the 60.8 PMI recorded in February 2018, with the overall economy…

ISM reports October manufacturing output hits highest level in more than a year

Monday, November 2, 2020 · Jeff Berman In its monthly Manufacturing Report on Business, ISM said that the report’s key metrics, the PMI, hit 59.3 (a reading of 50 or higher indicates growth), which topped September’s 55.4 by 3.9%, while growing at a faster rate for the fifth consecutive month, while the overall…

August manufacturing output is strong, reports ISM

Thursday, October 1, 2020 · Jeff Berman In its monthly Manufacturing Report on Business, ISM reported that the report’s key metric, the PMI, came in at 55.4 (a reading of 50 or higher indicates growth), which was nearly even with August’s 56.0 reading. And it added that the overall economy was up for the 131st…