Feb 072012

Manufacturing index increases for third straight month

Posted By: Tom Sanderson
Date Posted:  Tuesday, February 07, 2012  3:02 PM

The Institute of Supply Management reported that the Purchasing Managers' Index (PMI) gained 1.0 points to 54.1 in January from 53.1 in December. This represents 30 consecutive months of growth, and is the highest level since June . A PMI over 50 indicates growth while a PMI under 50 indicates contraction in the manufacturing sector of the economy. The index reached a low of 32.5 in December 2008 but then recovered more quickly than other areas of the economy. Manufacturing has been a bright spot in the economy and the dramatic drop in the prior few months was a cause for concern, but the surge in the last tow months is welcome news. The vertical bars in the graph represent recessions.

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Categories: ISM manufacturing index
Jan 092012

Manufacturing index increases for second straight month

Posted By: Tom Sanderson
Date Posted:  Monday, January 09, 2012  8:40 AM

The Institute of Supply Management reported that the Purchasing Managers' Index (PMI) gained 1.2 points to 53.9 in December from 52.7 in November. This represents 29 consecutive months of growth, and is the highest level since June . A PMI over 50 indicates growth while a PMI under 50 indicates contraction in the manufacturing sector of the economy. The index reached a low of 32.5 in December 2008 but then recovered more quickly than other areas of the economy. Manufacturing has been a bright spot in the economy and the dramatic drop in the prior few months was a cause for concern, but the surge in the last tow months is welcome news. The vertical bars in the graph represent recessions.

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Categories: ISM manufacturing index
Dec 052011

Manufacturing index shows strength in November

Posted By: Tom Sanderson
Date Posted:  Monday, December 05, 2011  2:48 PM

The Institute of Supply Management reported that the Purchasing Managers' Index (PMI) gained 1.9 points to 52.7 in November from 50.8 in October. This represents 28 consecutive months of growth, and creates a little breathing room as the index had been perilously close to 50 for four months. A PMI over 50 indicates growth while a PMI under 50 indicates contraction in the manufacturing sector of the economy. The index reached a low of 32.5 in December 2008 but then recovered more quickly than other areas of the economy. Manufacturing has been a bright spot in the economy and the dramatic drop in the prior few months was a cause for concern. The vertical bars in the graph represent recessions.

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Categories: ISM manufacturing index
Nov 082011

Purchasing Managers’ index drops again

Posted By: Tom Sanderson
Date Posted:  Tuesday, November 08, 2011  5:53 PM

The Institute of Supply Management reported that the Purchasing Managers' Index (PMI) lost 0.8 points to 50.8 in October from 51.6 in September. This represents 27 consecutive months of growth, but represents four straight months perilously close to 50. A PMI over 50 indicates growth while a PMI under 50 indicates contraction in the manufacturing sector of the economy. The index reached a low of 32.5 in December 2008 but then recovered more quickly than other areas of the economy. Manufacturing has been a bright spot in the economy and the dramatic drop in the last few months is certainly a cause for concern about where the economy is headed for the balance of 2011 and into 2012. The vertical bars in the graph represent recessions.

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Categories: ISM manufacturing index
Oct 062011

Purchasing Mangers’ Index increases in September

Posted By: Tom Sanderson
Date Posted:  Thursday, October 06, 2011  9:17 AM

The Institute of Supply Management reported that the Purchasing Managers' Index (PMI) gained one point to 51.6 in September from 50.6 in August. This represents 26 consecutive months of growth, and is a welcome gain after two months of declines that had brought the index very close to 50. A PMI over 50 indicates growth while a PMI under 50 indicates contraction in the manufacturing sector of the economy. The index reached a low of 32.5 in December 2008 but then recovered more quickly than other areas of the economy. Manufacturing has been a bright spot in the economy and the dramatic drop in the last few months is certainly a cause for concern about where the economy is headed for the balance of 2011. The vertical bars in the graph represent recessions.

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Categories: ISM manufacturing index
Sep 082011

Purchasing Managers’ Index remains just over 50

Posted By: Tom Sanderson
Date Posted:  Thursday, September 08, 2011  8:41 AM

The Institute of Supply Management reported that the Purchasing Managers' Index (PMI) hovered just above the expansion line in August at 50.6, down from 50.9 in July. This represents 25 consecutive months of growth, but is the lowest index over the 25-month period. A PMI over 50 indicates growth while a PMI under 50 indicates contraction in the manufacturing sector of the economy. The index reached a low of 32.5 in December 2008 but then recovered more quickly than other areas of the economy. Manufacturing has been a bright spot in the economy and the dramatic drop in the last two months is certainly a cause for concern about where the economy is headed for the balance of 2011. The vertical bars in the graph represent recessions.

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Categories: ISM manufacturing index
Aug 042011

Manufacturing index shows anemic growth

Posted By: Tom Sanderson
Date Posted:  Thursday, August 04, 2011  2:36 PM

The Institute of Supply Management reported that the Purchasing Managers' Index (PMI) plunged from 55.3 in June to 50.9 in July. This represents 24 consecutive months of growth, but is the lowest index over the 24-month period. A PMI over 50 indicates growth while a PMI under 50 indicates contraction in the manufacturing sector of the economy. The index reached a low of 32.5 in December 2008 but then recovered more quickly than other areas of the economy. Manufacturing has been a bright spot in the economy and this dramatic drop is certainly a cause for concern about where the economy is headed for the balance of 2011. The vertical bars in the graph represent recessions.


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Categories: ISM manufacturing index
Jul 102011

Manufacturing index rises in June

Posted By: Tom Sanderson
Date Posted:  Sunday, July 10, 2011  12:34 PM

The Institute of Supply Management reported that the Purchasing Managers' Index (PMI) increased from 53.5 in May to 55.3 in June. This represents 23 consecutive months of growth. A PMI over 50 indicates growth while a PMI under 50 indicates contraction in the manufacturing sector of the economy. The index reached a low of 32.5 in December 2008 but then recovered more quickly than other areas of the economy and remains one of the brighter spots in the economy today. The vertical bars in the graph represent recessions.


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Categories: ISM manufacturing index
Jun 132011

PMI index drops below 60, to lowest level in 20 months

Posted By: Tom Sanderson
Date Posted:  Monday, June 13, 2011  8:43 AM

The Institute of Supply Management reported that the Purchasing Managers' Index (PMI) decreased from 60.4 in April to 53.5 in May. This represents 22 consecutive months of growth but breaks a run of four straight months with a PMI greater than 60. It is concerning to see the PMI at its' lowest level since September 2009, which was only the second month over 50 in the current recovery. A PMI over 50 indicates growth while a PMI under 50 indicates contraction in the manufacturing sector of the economy. The index reached a low of 32.5 in December 2008 but then recovered more quickly than other areas of the economy and remains one of the brighter spots in the economy today. The vertical bars in the graph represent recessions.


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Categories: ISM manufacturing index
May 042011

PMI index drops slightly but remains above 60 indicating strong manufacturing growth

Posted By: Tom Sanderson
Date Posted:  Wednesday, May 04, 2011  11:00 AM

The Institute of Supply Management reported that the Purchasing Managers' Index (PMI) decreased from 61.2 in March to 60.4 in April. This represents 21 consecutive months of growth and four straight months with a PMI greater than 60. A PMI over 50 indicates growth while a PMI under 50 indicates contraction in the manufacturing sector of the economy. The index reached a low of 32.5 in December 2008 but then recovered more quickly than other areas of the economy and remains one of the brighter spots in the economy today. The vertical bars in the graph represent recessions.


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Categories: ISM manufacturing index
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