‘The manufacturing side of the economy appears to have stalled,’ ISM says

‘The manufacturing side of the economy appears to have stalled,’ ISM says ISM manufacturing index falls to 48.7% in May Last Updated: June 3, 2024 at 11:04 a.m. ET First Published: June 3 ... Read More

Economy Appears to Have Improved in June, Slightly

And you thought the economy was headed for a double dip. On Friday, the Institute for Supply Management (ISM) reported that its gauge of manufacturing activity rose in June to 55.3. That was ... Read More

Manufacturers are mired in a slump, ISM finds, and aren’t adding much to the U.S. economy - MSN

The one bit of good news: A gauge of prices fell to a six-month low and pointed to slower inflation in the U.S. The ISM report is viewed as a window into the health of the economy. Read More

ISM Report: Manufacturing PMI Continues Contraction in May

Seven out of 14 manufacturing industries reported growth last month. Down 0.5 points from April, the ISM (Institute for Supply Management) Manufacturing PMI registered 48.7% in May. This is the second ... Read More

The economy is in an industrial recession and higher oil prices could spark a full downturn, Wall Street economist says - Business Insider

Manufacturing activity has contracted for the last six months in a row, per the latest ISM report. A spike in oil prices could be enough to tip the economy into a full recession, Oubina added. Read More

Manufacturing Activity Continued to Slow in August, Latest ISM Report Shows - IndustryWeek

A reading above 50% indicates a generally expanding manufacturing economy, while a reading below 50% indicates a generally contracting manufacturing economy. On the plus side, “while still in ... Read More

US manufacturing near three-year low; casts a shadow over economy

The ISM's manufacturing PMI fell to 46.3 last month, the lowest level since May 2020, from 47.7 in February. Outside the COVID-19 pandemic, it was the weakest reading since mid-2009. Read More

'The manufacturing side of the economy appears to have stalled,' ISM says

"The manufacturing side of the economy appears to have stalled," said Timothy Fiore, chairman of the Institute for Supply Management's manufacturing index. The index fell to 48.7% in May from 49.2 ... Read More

Manufacturers are mired in a slump, ISM finds, and aren't adding much to the U.S. economy - Morningstar

The one bit of good news: A gauge of prices fell to a six-month low and pointed to slower inflation in the U.S. The ISM report is viewed as a window into the health of the economy. Read More