new orders

ISM Survey Says Manufacturing Still In Contraction

The January 2016 ISM Manufacturing Survey is yet month of awful.  Manufacturing is in a 4th month of contraction.  This time is a smidgen better than December.  PMI was 48.2%, 0.2 percentage points higher than the previous revised month.  New orders did come out of contraction, but barely, while employment continued to plunge.  Only eight sectors showed any growth according to the survey.

December Durable Goods Horrific as New Orders Plunge -5.1%

The Durable Goods, advance report shows new orders just jumped off of a cliff in December.  New orders plunged -5.1% and even worse, November new orders was revised down to -0.5%.  Not to be outdone, December shipments is also horrific with a -2.2% drop.  Core capital goods new orders also plunged by -4.3%.  Without transportation new orders, which includes aircraft, durable goods new orders would have decreased by -1.2%.

ISM Manufacturing Survey Shows Contraction Once Again

The December ISM Manufacturing Survey is yet another awful month.  Manufacturing is in a second month of contraction and this time slightly deeper than November.  PMI was 48.2%, -0.4 percentage points lower than the previous month.  New orders is still in contraction and employment plunged and went into contraction.  Only six sectors showed any growth according to the survey.

ISM Index Shows a Barely Breathing Manufacturing Sector, PMI 50.2%

The September ISM Manufacturing Survey shows yet more deceleration of the manufacturing sector.  While a PMI of 50.2% is still growth, it is barely growth.  The composite PMI decreased by -0.9 percentage points and new orders decreased by -1.6 percentage points.  Order backlogs truly imploded.

Manufacturing Survey Shows Slowing in August

The August ISM Manufacturing Survey shows more deceleration of the manufacturing sector.  While a PMI of 51.1% is still growth, the decline in new orders is disconcerting.  The composite PMI decreased by -1.6 percentage points and new orders decreased by -4.8 percentage points.  Overall the report really shows a weakening manufacturing sector.

 

Durable Goods Up 2.0% for July

The Durable Goods, advance report shows new orders shot up by 2.0% in July.  June showed a whopping 4.1% new orders increase.  Core capital goods, showed a 2.2% monthly gain.  Without transportation new orders, which includes aircraft, durable goods new orders would have increased by 0.6%.  Motor vehicles & parts new orders gained 4.0% for the month.

 

Nothing Contracts For May's Manufacturing Survey

The May ISM Manufacturing Survey shows nothing in manufacturing is shrinking again.  The composite PMI grew to a now safe 52.8% after a 1.3 percentage point increase.  Manufacturing employment came out of contraction as did inventories.  Exports move to no change.  Prices are still decreasing but not by much anymore.  Overall the report is a relief that things are not so bad.

Durable Goods Shows Steady As She Goes

The Durable Goods, advance report shows new orders declined by -0.5% in April.  In March new orders increased 5.1% yet in February, new orders dropped by -3.5%.  For April, transportation was the culprit as new orders in this category dropped -2.5%.  Core capital goods, on the other hand, gained 1.0%.  Without transportation new orders, which includes aircraft, durable goods new orders would have increased by 0.5%.

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