In May, ISM Manufacturing Index (PMI) stood at 48.7 percent, a decrease of 0.5 percentage points from April’s 49.2 percent (i.e. a PMI reading above 50 means expansion, while below…
You may have heard the old joke that ASME stands for Always / Sometimes / Maybe / Except. Not true, but it is true that it can be hard to…
The ISM Manufacturing Index (PMI) in the United States dropped to 49.2 in April 2024 from 50.3 the previous month, significantly below market expectations. This decline indicated a contraction in…
In March 2024, the ISM Manufacturing Index (PMI) in the United States rose to 50.3, up from 47.8 in February, surpassing market expectations of 48.4. This marked the first expansion…
Here’s the link to the story as published by Heat Exchanger World (HEW-Cover-Story_December_2023.pdf (heat-exchanger-world.com). As a manufacturer specializing in industrial heat transfer equipment, Ward Vessel & Exchanger is dedicated to…
In February 2024, the ISM Manufacturing Index (PMI) in the U.S. dropped to 47.8, down from 49.1 the previous month. This figure was significantly below the anticipated 49.5, indicating the…