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The Institute for Supply Management's manufacturing PMI registered a reading of 50.9 in January, up from December's reading of 49.3. Readings above 50 for this index indicate an expansion in ...
The purchasing managers' index (PMI) surveys are compiled on a monthly basis by polling businesses which represent the makeup of the respective business sector. S&P Global surveys cover manufacturing, services and in some cases also construction, while ISM's surveys cover all NAICS categories. SIPMM survey covers just the manufacturing sector. [2]
A PMI reading below 50 indicates contraction in the manufacturing sector, which accounts for 10.3% of the economy. December marked the ninth consecutive month that the PMI remained below the 50 ...
The ISM's manufacturing PMI registered a reading of 50.3 in March, up from February's reading of 47.8 and higher than the 48.3 economists expected, according to Bloomberg data.
The Services Index which is a weighted composite index for services data (similar to the Purchasing Managers' Index (PMI)) was developed and first published in the January 2008 Non-Manufacturing ISM Report On Business. This was not available prior to that date because there was insufficient services historical data to develop a composite index.
The Industrial Production Index (IPI) is an economic indicator published by the Federal Reserve Board of the United States that measures the real production output of manufacturing, mining, and utilities.
Chan says further economic growth is also showing on the manufacturing front. December's new orders for the Purchasing Managers' Index rose into positive territory for the second month at 52.5% ...
The Institute for Supply Management (ISM) said on Friday its manufacturing PMI fell to 46.5 last month, the lowest level since July 2023, from 47.2 in September. ... The production index fell to ...