The ISM Manufacturing Index (PMI) registered a 58.7 reading in December, a decline from November’s 61.1. Comments from manufacturers indicate a continued high demand environment constrained by persistent supply chain disruptions,…
November saw the ISM Manufacturing Index (PMI) remain healthy, improving to a 61.1 level, slightly above the October reading of 60.8. New orders, production, and employment measures all expanded in November. The…
The ISM Manufacturing Index (PMI) retreated slightly in October, registering a 60.8 reading compared to September’s 61.1. This still marks the 17th consecutive month of growth, despite the slight drawback. The October reading…
September’s ISM Manufacturing Index (PMI) improved to a 61.1 reading, slightly better than August’s 59.9. This marks the 16th consecutive month of growth in the economy. While new orders held steady and backlogs…
The ISM Manufacturing Index (PMI) was fairly static month over month, registering a 59.9 reading in August compared to July’s 59.5. The good: new orders and production increased in August. The bad: the backlog…
Slipping just a bit in July, the ISM Manufacturing Index (PMI) came in at the 59.5 mark, compared to June’s 60.6. Manufacturers continue to struggle with broad-based shortages of materials and…
