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Showing 11 - 20 of 209 results for "ISM"

Chief economist update: Bad news is good news is back

BENJAMIN ONG  |  FRIDAY, 4 OCT 2019
... 0.9% -- on October 2 on the back of renewed recession fears, sparked by reports that the US Institute of Supply Management (ISM) manufacturing index dropped deeper into contraction territory from 49.1 in August to a reading of 47.8 in September - the ...

Chief economist update: US recession on the cards

BENJAMIN ONG  |  THURSDAY, 3 OCT 2019
... day, as US recession fears came back to the fore. This time, sparked by reports that the US Institute of Supply Management (ISM) manufacturing index dropped deeper into contraction territory from 49.1 in August to a reading of 47.8 in September - the ...

Chief economist update: Wheels of US recession in motion

BENJAMIN ONG  |  THURSDAY, 22 AUG 2019
... and rationalisations on why the US economy - low unemployment rate; strong consumer optimism and spending; still expanding ISM indices, among others. They were strong too at the time of the late 1990s and mid-2000s yield curve inversions. The good news ...

Chief economist update: Glass half-full or US recession on the way?

BENJAMIN ONG  |  WEDNESDAY, 29 MAY 2019
... was the fastest monthly rate of increase since nine and half years (August 2009). Sure, there are signs of slowing. Both the ISM manufacturing and non-manufacturing index slowed in April, but with readings of 52.8 and 55.7, respectively, they continue ...

HESTA appoints new director

ELIZABETH MCARTHUR  |  FRIDAY, 22 MAR 2019
The $46 billion industry fund for health and community service workers has appointed a new director. Sophie Ismail was appointed to the HESTA board this month, representing the Australian Council of Trade Unions (ACTU). Ismail will replace Michael Borowick ...

Chief economist update: That other Fed policy towards normalcy

BENJAMIN ONG  |  THURSDAY, 4 OCT 2018
Latest data updates indicate that the US economic juggernaut continues to power on. The ISM non-manufacturing index shot up from 58.5 in August to a higher than expected 61.6 in September - its highest level on record. In addition, the ADP private sector ...

Chief economist update: Draining the swamp

BENJAMIN ONG  |  TUESDAY, 3 JUL 2018
... US dollar will only get stronger given the still solid growth momentum in its economy - the Institute of Supply Management (ISM) Manufacturing PMI increased to a four-month high of 60.2 in June from 58.7 in May - and together with inflation now at target ...

Chief economist update: Synchronised global slowing?

BENJAMIN ONG  |  WEDNESDAY, 4 APR 2018
... shows..."the JP Morgan Global Manufacturing PMI - a composite index produced by J.P. Morgan and IHS Markit in association with ISM and IFPSM - posted 53.4 in March, down from 54.1 in February and its lowest reading since October 2017." My apologies but ...

All up and all together now

BENJAMIN ONG  |  MONDAY, 4 DEC 2017
... The J.P. Morgan Global Manufacturing PMI(TM) - a composite index produced by J.P.Morgan and IHS Markit in association with ISM and IFPSM - posted 54 in November, up from 53.5 in October and its highest reading since March 2011. The headline PMI has signalled ...

Taxing times

BENJAMIN ONG  |  MONDAY, 13 NOV 2017
... 4.8% at the start of the year. Forward indicators point to continued growth. While the Institute for Supply Management's (ISM) manufacturing index decreased to a reading of 58.7 in October, it was from September's 13-year high of 60.8 was the 14th straight ...