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Showing 161 - 170 of 210 results for "ISM"

Sentiment stirs bad mood

BENJAMIN ONG  |  WEDNESDAY, 24 FEB 2010
... just one volatile statistic? Other stats may confirm the US consumer's renewed depression but others are more optimistic. The ISM manufacturing index - a good leading indicator of the economy - has been above the 50 expansion/contraction mark since August ...

In the eyes of the beholder

BENJAMIN ONG  |  FRIDAY, 19 FEB 2010
... the benchmark of equity markets everywhere - sweated over the past few weeks. Never mind that leading indicators - like the ISM manufacturing and non-manufacturing indices - pointed towards continued expansion. Never mind that corporate earnings were ...

Positive contagion

BENJAMIN ONG  |  TUESDAY, 2 FEB 2010
... More on this later. For now let's look at the recently released manufacturing numbers. The US Institute of Supply Management (ISM) manufacturing index rose to 58.4 in January from 55.9 the previous month to its highest pace since August 2004. All components ...

We're still in Kansas

BENJAMIN ONG  |  MONDAY, 7 DEC 2009
... month, but America need jobs up 150,000 a month? Sure looks like a long way to go to me, especially when you consider that the ISM manufacturing index is weakening and the non-manufacturing index falling back in contraction territory. So for those betting ...

Our fearful trip is done

BENJAMIN ONG  |  FRIDAY, 9 OCT 2009
... up with my sailing analogy, the RBA created waves in every port. Suddenly the disappointment over the weaker-than-expected ISM manufacturing survey and the poor US non-farm payrolls report for September did not matter. "The port is near, the bells I ...

Shadow of a doubt

BENJAMIN ONG  |  TUESDAY, 6 OCT 2009
... our time zone today. This was to be expected for the US economic numbers - released while we were sleeping - were good. The ISM non-manufacturing index jumped into growth territory, 50.9, in September after 11 straight months of contraction. This was ...

October - an E (entry/exit) point

BENJAMIN ONG  |  FRIDAY, 2 OCT 2009
... the 1 October fall in stock market prices is explained by last night's US data releases. The Institute of Supply Management (ISM) manufacturing index disappointed expectations, falling to 52.6 in September from 52.9 in the previous month. Interpretation ...

Herding 20 cats

BENJAMIN ONG  |  WEDNESDAY, 30 SEP 2009
Herding cats. There was not much movement on Wall Street overnight so let's just talk about herding cats today. Wall Street dipped ever so slightly as - despite what the headlines say - there weren't any fresh news to steer direction. It was the same ...

Wealth effect turns positive

BENJAMIN ONG  |  FRIDAY, 18 SEP 2009
... For the flow of economic data continues to indicate that it would. In addition to the positive signs we've already seen - ISM, industrial production, retail sales - more came last night. The US Federal Reserve reported that American households and non-profit ...

BOBisms

BENJAMIN ONG  |  THURSDAY, 17 SEP 2009
... ago, but the trend improvement is becoming clearer as the months roll. Leading indicators such as the Institute of Supply (ISM) manufacturing index has shown it the way. Perhaps 2009 would be one of those years that have broken the curse of September ...