In July, the ISM manufacturing index inched up 0.1 percentage points to 49.8%, undershooting market expectations, which had anticipated the index rising further to 50.1%. The figure marks the second consecutive month in which the index remains below the 50% threshold, following on 34 consecutive months of expansionary readings. The July reading mainly reflected how improvements in the inventories, production and new orders sub-components of the index were nearly offset by declines in the supplier deliveries and employment categories. According to the ISM a growing number of comments from the panel this month reflect a slowdown in their businesses and general concern over increasing economic uncertainty.
United States PMI
Manufacturing index remains in negative territory
August 1, 2012
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United States Economic News
United States: Clinton’s lead over Trump widens but presidential election results are still uncertain
October 20, 2016
Only a few weeks ahead of the 8 November presidential elections, major polls suggest that Hillary Clinton has extended her lead over Donald Trump, but the presidential race will be decided in the most fiercely contested states.
October 14, 2016
In September, nominal retail sales expanded 0.6% over the previous month.
October 7, 2016
Non-farm payrolls grew 156,000 in September, which came in below August’s upwardly-revised increase of 167,000 (previously reported: +151,000).
October 3, 2016
The ISM manufacturing index increased more than expected in September and returned to expansionary territory, after a temporary setback in August.
September 27, 2016
The S&P/Case-Shiller 20-city home composite index rose 0.6% in July over the previous month.