Keeping you up to date on the latest data releases.
- ISM Manufacturing
The Purchasing Managers’ Index (PMI) declined 0.3 percentage points to 57.0 in December, indicating a general expansion in the manufacturing sector as the index is above the growth threshold of 50. The index has slipped below 50 only twice since July 2009. Three of the five components that constitute the PMI have increased since November. Furthermore, four of the five components were above the growth threshold of 50. New orders increased 0.6 percentage points to 64.2, employment rose 0.4 percentage points to 56.9, supplier deliveries increased 1.5 percentage points to 54.7 percent, production fell 0.6 percentage points to 62.2 percent, and inventories fell 3.5 percentage points to 47.0. The ISM Prices Index rose 1.0 percentage point to 53.5 percent. Prices have decreased by 8.0 percentage points since February 2013’s high of 61.5 percent.