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Showing 1 - 10 of 17 results for "ISM index"

Chief economist update: Good or bad news is good Wall Street news

BENJAMIN ONG  |  THURSDAY, 22 OCT 2020
It may have gone up and down and round and round but the US equity market has trended higher and higher and is outperforming its peers. Despite topping the list of total cases of coronavirus infections (8.6 million), new cases (0.6 million) and deaths ...

Chief economist update: Good US employment news is not so good

BENJAMIN ONG  |  MONDAY, 10 AUG 2020
There's good news and bad news in the US labour market report for July. First, the good news: The US Bureau of Labor Statistics (BLS) reported that total non-farm payrolls rose by 1.8 million in July - more than market expectations for an increase ...

Chief economist update: Stimulus measures ease extreme fear

BENJAMIN ONG  |  WEDNESDAY, 22 APR 2020
Tanking oil prices are the latest go-to excuse for the renewed downturn on Wall Street. But more than this, it's added to the challenges facing America's economy and its corporate sector. The US labour market has already deteriorated markedly ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 13 APR 2016
IMF World Economic Outlook Another 3 months, another downgrade. In its April World Economic Outlook (WEO) update, the International Monetary Fund (IMF) has yet again revised down its global growth forecasts. The IMF now expects the global economy to ...

Small not feeling beautiful

BENJAMIN ONG  |  WEDNESDAY, 10 FEB 2016
While continued US labour market strength supports the Fed's decision to lift interest rates back in December and its forecasts for more lifts this year, weakening activity indicators released since - not to mention still below target inflation - indicate ...

Slides can be fun too

BENJAMIN ONG  |  TUESDAY, 2 DEC 2014
... the US economy. A fact highlighted by the ISM manufacturing index's better-than-expected read for November. While the ISM index slipped to 58.7 in November from 59.0 in the previous month, it remains near recovery highs. The details show employment and ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 6 JUN 2012
... Institute for Supply Management's services index on the sector that accounts for about 70 per cent of the US economy. The ISM index rose to 53.7 per cent in May from 53.5 per cent in April, indicating a slightly faster growth rate. Expectations were ...

Market Wrap - Morning

AAP  |  THURSDAY, 6 OCT 2011
... from economic data that, while not demonstrating a strong economy, argued against the idea of a second recession. The ISM index on the service economy in September fell slightly to 53 from 53.3 the previous month, still in positive growth territory ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 7 SEP 2011
... dropped to a historic low of 1.929 per cent before bouncing back. Bond yields and prices move in opposite directions. The ISM index of non-manufacturing activity rose to 53.3 per cent last month, up from 52.7 per cent in July. Any level above 50 indicates ...

Now for the denominator

BENJAMIN ONG  |  TUESDAY, 2 AUG 2011
... "reinvestment of proceeds of Treasury holdings" announcement, quickly followed by QE2 in November 2010. Big Benny eased as the ISM index dropped from 60.4 in March to 55.1 in July (the latest number he saw before the August announcement). This time the ...
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