Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 21 - 30 of 74 results for "ISM manufacturing index"

So good but for the wrong spin

BENJAMIN ONG  |  WEDNESDAY, 2 JUL 2014
... index to hold on to. That was until I stopped and looked at the actual reports. And here's what I found: ISM manufacturing index - 55.3 in June versus 55.4 in May and expectations of 55.6. Markit PMI - 57.3 in June (final) versus 57.5 (preliminary June) ...

Double boo boo on Wall Street

BENJAMIN ONG  |  TUESDAY, 3 JUN 2014
... its manufacturing index for May last night. Markets expected a reading of 55.5 - up from April's 54.9. ISM manufacturing index printed at 53.2 for May, missing expectations and down from April's print suggesting that factory activity in America is slowing. ...

Mother doesn't know

BENJAMIN ONG  |  MONDAY, 5 MAY 2014
... the bad news. The good news is that, one of the most reliable indicators of US economic activity - the ISM manufacturing index - remains solidly strong. The index jumped to 54.9 in April from 53.7 in the previous month, with employment sub-component ...

Just jokin' Putin

BENJAMIN ONG  |  WEDNESDAY, 5 MAR 2014
... month and mid-month's reading of 56.7. Better, new orders surged to 59.6 from January's 53.9 reading. The ISM manufacturing index told the same story of strengthening. The index increased to 53.2 from the disappointing weather-distorted 51.3 in January.A ...

Subjected to interpretation

BENJAMIN ONG  |  FRIDAY, 7 FEB 2014
... Street - that took most equity markets around the world with it - earlier this week because market saw the ISM manufacturing index as bad - it didn't meet their expectations, it dropped to 51.3 in January when they were expecting only a slight dip to ...

Mmm bargains, hmm

BENJAMIN ONG  |  WEDNESDAY, 5 FEB 2014
... up in US factories and potentially confirms the slowing indicated in the previous day's disappointing ISM manufacturing index report. Having said that, it remains uncertain whether the US stats we looked at over the past few weeks and will be looking ...

I swear

BENJAMIN ONG  |  TUESDAY, 4 FEB 2014
... the Nasdaq finished 2.6% in the red as fresh eco stats put a big question mark on the US recovery. The ISM manufacturing index fell to a reading of 51.3 in January - a razor sharp 5.2-point drop from December's 56.5 reading and the lowest level since ...

Improving picture paints a taper

BENJAMIN ONG  |  MONDAY, 8 JUL 2013
... was good. US construction spending and motor vehicle sales came in better than market expectations. The ISM manufacturing index peeked back up into expansion territory (50.9) in June with the strong gain in new orders indicating even stronger readings ...

RBA decisions decisions

BENJAMIN ONG  |  TUESDAY, 4 JUN 2013
... survey release strong, equals taper on. Wall Street ended higher last night because......of bad stats: ISM manufacturing index disappointed and fell into contraction territory (49.0 points) in May; construction spending increased by 0.4% in April, more ...

May Day mayday

BENJAMIN ONG  |  THURSDAY, 2 MAY 2013
... would happen, but it's still nice to dream. A number of nasties hit across the Atlantic though. The US ISM manufacturing index - what I consider the most reliable leading indicator of the Amererican economy - slowed to 50.7 in April versus 51.3 in the ...