Keeping you up to date on the latest data releases.
- ISM Manufacturing
The Purchasing Managers’ Index (PMI) increased 0.9 percentage points to 57.3 in November, which indicates 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 October. Furthermore, all five components were above the growth threshold of 50. New orders increased 3.0 percentage points to 63.6 percent, production increased 2.0 percentage points to 62.8 percent, employment rose 3.3 percentage points to 56.5 percent from October to November, supplier deliveries decreased 1.5 percentage points to 53.2, percent and inventories fell 2.0 percentage points to 50.5 percent. The ISM Prices Index declined by 3.0 percentage points to 52.5 percent. Prices have decreased by 9.0 percentage points since February 2013’s high of 61.5 percent.