Fiore

Manufacturing PMI® at 50.3%; March 2024 Manufacturing ISM® Report On Business®

Retrieved on: 
Monday, April 1, 2024

TEMPE, Ariz., April 1, 2024 /PRNewswire/ -- Economic activity in the manufacturing sector expanded in March after contracting for 16 consecutive months, say the nation's supply executives in the latest Manufacturing ISM® Report On Business®.

Key Points: 
  • TEMPE, Ariz., April 1, 2024 /PRNewswire/ -- Economic activity in the manufacturing sector expanded in March after contracting for 16 consecutive months, say the nation's supply executives in the latest Manufacturing ISM® Report On Business®.
  • (A Manufacturing PMI® above 42.5 percent, over a period of time, generally indicates an expansion of the overall economy.)
  • The Prices Index registered 55.8 percent, up 3.3 percentage points compared to the reading of 52.5 percent in February.
  • "The Supplier Deliveries Index figure of 49.9 percent is 0.2 percentage point lower than the 50.1 percent recorded in February.

Manufacturing PMI® at 47.8%; February 2024 Manufacturing ISM® Report On Business®

Retrieved on: 
Friday, March 1, 2024

TEMPE, Ariz., March 1, 2024 /PRNewswire/ -- Economic activity in the manufacturing sector contracted in February for the 16th consecutive month following one month of "unchanged" status (a PMI® reading of 50 percent) and 28 months of growth prior to that, say the nation's supply executives in the latest Manufacturing ISM® Report On Business®.

Key Points: 
  • (A Manufacturing PMI® above 42.5 percent, over a period of time, generally indicates an expansion of the overall economy.)
  • The Prices Index registered 52.5 percent, down 0.4 percentage point compared to the reading of 52.9 percent in January.
  • The Backlog of Orders Index registered 46.3 percent, 1.6 percentage points higher than the 44.7 percent recorded in January.
  • "The Supplier Deliveries Index figure of 50.1 percent is 1 percentage point higher than the 49.1 percent recorded in January.

Manufacturing PMI® at 49.1%; January 2024 Manufacturing ISM® Report On Business®

Retrieved on: 
Thursday, February 1, 2024

TEMPE, Ariz., Feb. 1, 2024 /PRNewswire/ -- Economic activity in the manufacturing sector contracted in January for the 15th consecutive month following one month of "unchanged" status (a PMI® reading of 50 percent) and 28 months of growth prior to that, say the nation's supply executives in the latest Manufacturing ISM® Report On Business®.

Key Points: 
  • (A Manufacturing PMI® above 42.5 percent, over a period of time, generally indicates an expansion of the overall economy.)
  • The Prices Index registered 52.9 percent, up 7.7 percentage points compared to the reading of 45.2 percent in December.
  • The Backlog of Orders Index registered 44.7 percent, 0.6 percentage point lower than the 45.3 percent recorded in December.
  • "The Supplier Deliveries Index figure of 49.1 percent is 2.1 percentage points higher than the 47 percent recorded in December.

Manufacturing PMI® at 47.4%; December 2023 Manufacturing ISM® Report On Business®

Retrieved on: 
Wednesday, January 3, 2024

TEMPE, Ariz., Jan. 3, 2024 /PRNewswire/ -- Economic activity in the manufacturing sector contracted in December for the 14th consecutive month following a 28-month period of growth, say the nation's supply executives in the latest Manufacturing ISM® Report On Business®.

Key Points: 
  • (A Manufacturing PMI® above 48.7 percent, over a period of time, generally indicates an expansion of the overall economy.)
  • The Backlog of Orders Index registered 45.3 percent, 6 percentage points higher than the November reading of 39.3 percent.
  • "The Supplier Deliveries Index figure of 47 percent is 0.8 percentage point higher than the 46.2 percent recorded in November.
  • Fiore continues, "The U.S. manufacturing sector continued to contract, but at a slightly slower rate in December as compared to November.

Manufacturing PMI® at 46.7%; October 2023 Manufacturing ISM® Report On Business®

Retrieved on: 
Wednesday, November 1, 2023

TEMPE, Ariz., Nov. 1, 2023 /PRNewswire/ -- Economic activity in the manufacturing sector contracted in October for the 12th consecutive month following a 28-month period of growth, say the nation's supply executives in the latest Manufacturing ISM® Report On Business®.

Key Points: 
  • (A Manufacturing PMI® above 48.7 percent, over a period of time, generally indicates an expansion of the overall economy.)
  • The Prices Index registered 45.1 percent, up 1.3 percentage points compared to the reading of 43.8 percent in September.
  • The Backlog of Orders Index registered 42.2 percent, 0.2 percentage point lower than the September reading of 42.4 percent.
  • "The Supplier Deliveries Index figure of 47.7 percent is 1.3 percentage points higher than the 46.4 percent recorded in September.

Manufacturing PMI® at 47.6%; August 2023 Manufacturing ISM® Report On Business®

Retrieved on: 
Friday, September 1, 2023

TEMPE, Ariz., Sept. 1, 2023 /PRNewswire/ -- Economic activity in the manufacturing sector contracted in August for the 10th consecutive month following a 28-month period of growth, say the nation's supply executives in the latest Manufacturing ISM® Report On Business®.

Key Points: 
  • "The Supplier Deliveries Index figure of 48.6 percent is 2.5 percentage points higher than the 46.1 percent recorded in July.
  • The New Export Orders Index reading of 46.5 percent is 0.3 percentage point higher than July's figure of 46.2 percent.
  • Fiore continues, "The U.S. manufacturing sector shrank again, but the uptick in the PMI® indicates a slower rate of contraction.
  • The five manufacturing industries that reported growth in August are: Printing & Related Support Activities; Transportation Equipment; Food, Beverage & Tobacco Products; Petroleum & Coal Products; and Miscellaneous Manufacturing.

Manufacturing PMI® at 46.4%; July 2023 Manufacturing ISM® Report On Business®

Retrieved on: 
Tuesday, August 1, 2023

TEMPE, Ariz., Aug. 1, 2023 /PRNewswire/ -- Economic activity in the manufacturing sector contracted in July for the ninth consecutive month following a 28-month period of growth, say the nation's supply executives in the latest Manufacturing ISM® Report On Business®.

Key Points: 
  • The Employment Index dropped further into contraction, registering 44.4 percent, down 3.7 percentage points from June's reading of 48.1 percent.
  • "The Supplier Deliveries Index figure of 46.1 percent is 0.4 percentage point higher than the 45.7 percent recorded in June.
  • In the last eight months, the Supplier Deliveries Index has recorded its eight lowest readings since March 2009 (43.2 percent).
  • Fiore continues, "The U.S. manufacturing sector shrank again, but the uptick in the PMI® indicates a marginally slower rate of contraction.

Manufacturing PMI® at 46%; June 2023 Manufacturing ISM® Report On Business®

Retrieved on: 
Monday, July 3, 2023

TEMPE, Ariz., July 3, 2023 /PRNewswire/ -- Economic activity in the manufacturing sector contracted in June for the eighth consecutive month following a 28-month period of growth, say the nation's supply executives in the latest Manufacturing ISM® Report On Business®.

Key Points: 
  • The Backlog of Orders Index registered 38.7 percent, 1.2 percentage points higher than the May reading of 37.5 percent.
  • "The Supplier Deliveries Index figure of 45.7 percent is 2.2 percentage points higher than the 43.5 percent recorded in May.
  • This figure, along with the previous seven, is the Supplier Deliveries Index's lowest reading in since March 2009 (43.2 percent).
  • Fiore continues, "The U.S. manufacturing sector shrank again, with the Manufacturing PMI® losing ground compared to the previous month, indicating a faster rate of contraction.

Manufacturing PMI® at 46.9%; May 2023 Manufacturing ISM® Report On Business®

Retrieved on: 
Thursday, June 1, 2023

TEMPE, Ariz., June 1, 2023 /PRNewswire/ -- Economic activity in the manufacturing sector contracted in May for the seventh consecutive month following a 28-month period of growth, say the nation's supply executives in the latest Manufacturing ISM® Report On Business®.

Key Points: 
  • The New Export Orders Index reading of 50 percent is 0.2 percentage point higher than April's figure of 49.8 percent.
  • Fiore continues, "The U.S. manufacturing sector shrank again, with the Manufacturing PMI® losing a bit of ground compared to the previous month, indicating a faster rate of contraction.
  • Output/Consumption (measured by the Production and Employment indexes) was positive, with a combined 3.4-percentage point upward impact on the Manufacturing PMI® calculation.
  • This is stunting growth and currently making 2023 demand look flat to only slightly up, compared to original projections of 10-percent growth."

Manufacturing PMI® at 47.1%; April 2023 Manufacturing ISM® Report On Business®

Retrieved on: 
Monday, May 1, 2023

TEMPE, Ariz., May 1, 2023 /PRNewswire/ -- Economic activity in the manufacturing sector contracted in April for the sixth consecutive month following a 28-month period of growth, say the nation's supply executives in the latest Manufacturing ISM® Report On Business®.

Key Points: 
  • The Employment Index elevated into expansion territory, registering 50.2 percent, up 3.3 percentage points from March's reading of 46.9 percent.
  • The New Export Orders Index reading of 49.8 percent is 2.2 percentage points higher than March's figure of 47.6 percent.
  • Fiore continues, "The U.S. manufacturing sector contracted again; however, the Manufacturing PMI® improved compared to the previous month, indicating slower contraction.
  • Output/Consumption (measured by the Production and Employment indexes) was positive, with a combined 4.4-percentage point upward impact on the Manufacturing PMI® calculation.