The January 2011 ISM Manufacturing Survey is out and PMI came in at booming 60.8%. December 2010 manufacturing ISM was revised to 58.5% from 57% originally reported. This is a +2.3% jump in the factory index, or PMI, the overall manufacturing ISM index and it's highest level since May 2004.
The November 2010 ISM Manufacturing Survey is out and PMI came in at 56.6%. October 2010 manufacturing ISM was 56.9%. This is a -0.3% decrease in the factory index. While this is the 16th month for expansion (anything above 50 is an expansion), this is another flat line on the manufacturing ISM.
The October 2010 ISM Manufacturing Survey is out and PMI came in at 56.9%. September 2010 manufacturing ISM was 54.4%. This is a +2.6% increase in the factory index. While this is the 15th month for expansion (anything above 50 is an expansion), this is the first acceleration on the manufacturing ISM since April 2010.
The September 2010 ISM Manufacturing Survey is out and PMI came in at 54.4%. August 2010 manufacturing ISM was 56.3%. This is a -1.9% decline in the factory index. While this is the 14th month for expansion (anything above 50 is an expansion), this is a slowing on the manufacturing ISM. The below graph shows PMI is now back to December 2009 levels.
The Institute for Supply Management's factory index fell to 38.9 from 43.5 in September; 50 is the dividing line between expansion and contraction. The Commerce Department said separately that construction spending fell for the eighth time in 10 months in September
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