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…
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…
The ISM Manufacturing Index (PMI) continues to reflect a robust recovery, chiming in at a 60.6 mark, a slight decrease from May’s 61.2. Overall, the manufacturing sector is struggling to keep…
The May ISM Manufacturing Index (PMI) continued to illustrate a strong recovery, registering a 61.2 mark, a slight increase from April’s 60.7. Remarkably, the manufacturing sector could be growing faster if…
Declining slightly from March’s 64.7 reading, the April ISM Manufacturing Index (PMI) maintained a healthy 60.7 mark, still indicating solid expansion since the sharp contraction in April of 2020. Of concern, however, is the chorus…
