Led by Declines in Production-related Indicators, the Chicago Fed National Activity Index (CFNAI) Fell in December Led by declines in production-related indicators, the Chicago Fed National Activity Index (CFNAI) fell to -0.15 in December from +0.44 in November. Two of the broad categories of indicators used to construct the index made negative contributions in December. [...]
Highest Shipments Index Since December 2010 Reported by Federal Reserve Bank of Richmond Fifth District Survey of Manufacturing Activity for September Supported by a sizeable increase in the index for shipments-which, at a reading of 22, is the highest shipments index since December 2010, the composite manufacturing index rose from 14 to 19, according to [...]
5/1/15 The Institute for Supply Management released its April 2015 Report on Business Economic activity in the manufacturing sector expanded in April for the 28th consecutive month and the overall economy grew for the 71st consecutive month say the nation’s supply executives in this latest report. The April PMI registered 51.5 percent, the same reading [...]
Real 2014 Fourth Quarter GDP increased 2.2% On Friday the Bureau of Economic Analysis (BEA) issued its third and final estimate of 2014 fourth quarter GDP: Real Gross Domestic Product-the value of the production of goods and services in the United States, adjusted for price changes-increased at an annual rate of 2.2 percent in the [...]
New Orders for manufactured durable goods in December decreased by 4.3 percent. The decrease, down two of the last three months, followed a 2.6 percent November increase. Shipments of manufactured durable goods in December, decreased 1.9 percent following four consecutive monthly increases. Unfilled orders for manufactured durable goods in December, up ten of the last [...]
Monday 9/23/13:The Chicago Fed National Activity Index (CFNAI) It came in with an increase to +0.14 in August from -0.43 in July. Nice news. The index’s 3 month moving average (cfnai-ma3) increased to -0.18 in august from -0.24 in July, marking its sixth consecutive reading below zero. Augusts’ CFNAI-MA3 suggests economic activity was below its [...]
Correction: Last week I reported the ISM numbers for July and though correct, I previously reported those July numbers early in August. I do not know why the July numbers came to my inbox on Friday but they did. Anyway, ... Institute for Supply Management Report on Business for August, issued Tuesday September 3, 2013 [...]
The Institute for Supply Management June Report on Business Economic activity in the manufacturing sector expanded in June following one month of contraction, and the overall economy grew for the 49th consecutive month. The Purchasing Manager Index (PMI) registered 50.9 percent; an increase of 1.9 percentage points from May’s reading of 49 percent, indicating expansion [...]
