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Showing 61 - 70 of 74 results for "ISM Manufacturing Index"

La de da de da

BENJAMIN ONG  |  TUESDAY, 2 MAR 2010
... factored in into market pricing. Last is one of my favourite leading indicators for the US economy - the ISM manufacturing index. Uh...oh, it's weaker than expected. The index printed 56.2 in February, down from 58.4 in the previous month and expectations ...

Data data everywhere

BENJAMIN ONG  |  MONDAY, 1 MAR 2010
... levels of the federal funds rate for an extended period." The Chicago PMI - a leading indicator of the ISM manufacturing index - printed strong February, much more than markets were expecting. The bad in the good data. US fourth quarter real GDP was ...

Sentiment stirs bad mood

BENJAMIN ONG  |  WEDNESDAY, 24 FEB 2010
... 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 last year, and ...

We're still in Kansas

BENJAMIN ONG  |  MONDAY, 7 DEC 2009
... 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 on a continued climb ...

Shadow of a doubt

BENJAMIN ONG  |  TUESDAY, 6 OCT 2009
... front. Last night's data sort of cancelled out last week's disappointment over the less than expected ISM manufacturing index and the shock US non-farm payrolls report which reported the loss of 263,000 jobs in September and the unemployment rate rising ...

Hermaphrodite economy

BENJAMIN ONG  |  FRIDAY, 11 SEP 2009
... Miss or a Mister), risks assets are running on high levels of good news testosterone. We have seen the ISM manufacturing index rebound to growth territory last week and the August Beige Book - a survey of America's 12 Federal Reserve Districts - indicate ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 2 SEP 2009
... well Japan's newly elected Democrats will be able to govern and ahead of US indicators, including the ISM manufacturing index that was due later on Tuesday. Turnover for the Tokyo exchange's first section fell to Y1.2 trillion ($A15.24 billion), its ...

Priced, but not for a V

BENJAMIN ONG  |  WEDNESDAY, 2 SEP 2009
... survey gives me greater confidence that the US recovery, and by extension the world - will be V-shaped. The ISM manufacturing index shot past the 50 expansion/contraction mark, printing 52.9 in August after spending 18 months below 50. This is significant ...

Rejoice or lament

BENJAMIN ONG  |  THURSDAY, 2 JUL 2009
... enough to suggest that an economic recovery is imminent. Take for instance, last night's increase in the ISM manufacturing index to 44.8 in June - the highest in 10 months and the sixth consecutive monthly rise -- from 42.8 in the previous month. Because ...

GS trounces GM

BENJAMIN ONG  |  TUESDAY, 2 JUN 2009
... better positioned now to withstand GM. Don't stop me now. News out last night added to optimism. The US ISM manufacturing index - a leading indicator of the economy -- rose by more than expected in May. Although the 42.8 reading was still below the 50 ...