US Manufacturing Continues Expansion as Demand Expands in May
(ISM) The Manufacturing PMI in the US was registered at 56.1 in May, representing a gain of 0.7 percentage points from 55.4 in April. The May PMI reflected growth in…
China’s Manufacturing Remains in the Contraction Zone in May Amid Improvements
(S&P Global) China’s Purchasing Managers Index was recorded at 48.1, signaling another contraction, although activity improved from the 26-month low index of 46.0 in April. Firms reported softer declines in…
US Manufacturing Output Improves in February Amid Easing Supply Chain
(IHS Markit) The US Manufacturing Purchasing Managers’ Index was recorded at 57.3 in February, accelerating from 55.5 in January. The increase in manufacturing activity reflected a sharper rise in new…
Eurozone Manufacturing Gathers Steam as Activity Index Climbs to a 5-Month High
(IHS Markit) Eurozone opened the year with robust manufacturing activity, as PMI rose to 58.7, a five-month high and above December’s final reading of 58.0. Growth was highest in Austria,…
US Manufacturing Expansion Eases by 2.4% in December
(ISM) US manufacturing PMI was recorded at 58.7% in December, down by 2.4 percentage points from the previous month. New Orders Index ticked down by 1.1 percentage points to 60.4%,…
UK Manufacturing Closes the Year Strongly Amid Logistical and Staffing Challenges
(IHS Markit) The UK recorded a manufacturing PMI of 57.9 in December, a slight decline from a three-month high of 58.1 in November. A slight easing in supply chain constraints…
US Manufacturing Improves for the 18th Month as Key Constraints Ease
(ISM) US Manufacturing PMI was at 61.1% in November, a gain of 0.3 percentage point from the previous month. The PMI reading indicates manufacturing expansion for the 18th month following…
Eurozone Manufacturing Improves Marginally in November Amid Supply Issues
(IHS Markit) Eurozone’s Manufacturing PMI was at 58.4 in November, a marginal improvement from a final reading of 58.3 in October. The manufacturing PMI reading reflects the first increase since…
China’s Factory Activity Crawls Back to Expansion in Nov. on Easing of Bottlenecks
(NBS) China’s manufacturing PMI was posted at 50.1 in November, up from 49.2 in October and the first expansion in three months. The PMI was a better than expected contraction…
US Manufacturing Hits a 10-Month Low in October but New Orders Remain Robust
(IHS Markit) US Manufacturing PMI was 58.4 in October, a drop from 60.7 in September and the weakest in ten months. Growth of new orders was sharp and at a…
UK Manufacturing Improves Marginally in October but Supply Bottlenecks Persist
(IHS Markit) UK posted a manufacturing PMI of 57.8 in October, a slight improvement from 57.1 in September and the first expansion in five months. New orders expanded but were…
UK Manufacturing Points to a Softer Expansion in Sept. on Supply and Labor Issues
(IHS Markit) UK’s manufacturing PMI eased to an expansion of 57.1 in September, lower than 60.3 posted in August. Fig: UK Manufacturing PMI The slowdowns in UK manufacturing were fueled…