Filed in Institute For Supply Management
Friday, July 01, 2011
The ISM reported that the index it uses to measure the manufacturing sector—known as the PMI—was 55.3 in June, up 1.8 percent from May’s 53.5. May marked the first month in 2011 that the PMI did not exceed 60. But even though the last two months were below 60, manufacturing experts said it was likely the PMI would head down a little bit.
Friday, June 03, 2011
Despite a backdrop of negative jobs reports, sluggish home sales, and cautious consumer spending, the non-manufacturing sector remains in decent shape based on the results of the Institute for Supply Management’s (ISM) Non-Manufacturing Report on Business, which showed growth for the 18th consecutive month in May.
Wednesday, June 01, 2011
In its May Manufacturing Report on Business, the ISM reported that the index it uses to measure the manufacturing sector—known as the PMI—was 53.5 percent in May, down 6.9 percent from April, marking the first time in 2011 that the PMI did not crack 60.
Tuesday, May 31, 2011
The Institute for Supply Management has announced that Norbert J. Ore is retiring from his position as Manufacturing Business Survey Committee Chair.
Monday, May 23, 2011
Following the tragic events of the earthquake and tsunami in Japan earlier this year, the immediate and long-term impacts of it are likely to impact the United States, due to damage caused to the freight transportation system in Japan.
Thursday, May 19, 2011
With both the Institute for Supply Management’s (ISM) Manufacturing Report on Business and Non-Manufacturing Report on Business showing strong growth for 23 and 17 months, respectively, it was not surprising that the ISM’s Semiannual Economic Forecast point to continued economic growth throughout the rest of the year. The report, which was released this week, is based on feedback from U.S.-based purchasing and supply executives.
Monday, May 09, 2011
Employment in the manufacturing sector is moving along at a strong clip, a clip which, much like the industrial economy, is far ahead of the general economy.
Monday, May 02, 2011
While consumer spending is dragging somewhat due to increasing fuel prices, manufacturing growth shows no sign of stalling out based on data released today by the Institute for Supply Management (ISM).
Tuesday, April 05, 2011
The ISM’s index for measuring the sector’s overall health—known as the NMI—was 57.3 in March, 2.4 percentage points less than February’s 59.7. But despite the slight decrease, a reading above 50 represents growth.
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Friday, April 01, 2011
In its March Manufacturing Report on Business, the ISM reported that the index it uses to measure the manufacturing sector—known as the PMI—was 61.2 percent, a 0.2 percent decline from February’s 61.4. February matched the highest PMI level since May 2004.