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…
The March ISM Manufacturing Index (PMI) jumped to a 64.7 reading, the highest level since December of 1983. Besting February’s 60.8 mark, March’s report indicated that 17 of the 18 industries…
Improving off of January’s 58.7 level, February’s ISM Manufacturing Index (PMI) registered a 60.8 reading – marking the ninth consecutive month of manufacturing sector expansion. New orders, production, and employment measures…
Starting the New Year off strong, January’s ISM Manufacturing Index (PMI) registered a 58.7 mark, just under December’s 60.5. As a reminder, a reading in excess of 55 is considered exceptional. Of…
The ISM Manufacturing Index (PMI) increased to 60.7 in December, a measured increase from November’s 57.5 reading and extending the overall expansion in the economy to the 8th consecutive month. This was the fastest pace of…
Activity in the manufacturing sector continued to grow in November, as evidenced by the ISM Manufacturing Index (PMI) coming in at a 57.5 reading (slightly down from October’s 59.3). Labor market difficulties continue to be…
