Filed in Manufacturing
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.
Wednesday, May 25, 2011
With freight volumes moderating in recent weeks and demand seeing a mild decline, the United States Department of Commerce reported today that new orders for manufactured durable goods in April dipped 3.6 percent—or $7.1 billion—to $189.9 billion.
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.
Wednesday, May 18, 2011
Coming off of a 4 percent gain in United States-bound waterborne shipments from January to February, shipments from March to April saw a 7 percent bump with 959,364 shipments, said Panjiva. And the number of global manufacturers shipping to the U.S.—at 139,337 was up 6 percent.
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).
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.
Friday, March 11, 2011
While it was not unexpected, data from Panjiva, an online search engine with detailed information on global suppliers and manufacturers, indicated that the number of United States-bound waterborne shipments dropped 15 percent from January to February.
Tuesday, March 01, 2011
Momentum in the manufacturing sector is continuing at a strong pace, based on the most recent results of the Institute for Supply Management’s (ISM) February Manufacturing Report on Business.
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Friday, February 25, 2011
In a sign that the economic recovery is showing some more positive signals, the Department of Commerce reported this week that new orders for manufactured durable goods in January went up $5.3 billion—or 2.7 percent—to $200.5 billion.