Data Updates

Data Updates

Keeping you up to date on the latest data releases.

July 2014

  • 10.01.2012
  • ISM Manufacturing
  • The ISM manufacturing index for September, specifically the Purchasing Manufacturers Index (PMI), increased by 1.9 percentage points to 51.5, breaking a 3-month trend of below 50. According to the ISM report, a PMI index value above 50 generally indicates an expansion in the manufacturing sector. The PMI is still below its one-year high of 54.8 from April 2012 as well as its 2011 average of 55.2. Production increased from 47.2 to 49.5, however this still indicates a contraction in production for the second time since May 2009. New orders increased 5.2 percentage points from 47.1 to 52.3, which may indicate that August’s decrease in new orders for durable goods (calculated by the Census Bureau) may be transitory. Inventories decreased from 53.0 to 50.5, which indicates a slower expansion in overall manufacturing inventories. Employment increased 3.1 percentage points from 51.6 to 54.7. Generally, an employment index above 50.5 percent corresponds to positive job growth in the manufacturing sector as measured by the Bureau of Labor Statistics. Prices increased 4 percentage points from 54.0 to 58.0. This follows August’s increase of 145 basis points to 54.0 (from 39.5), the largest such increase since September 2005.