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US S&P Global Manufacturing PMI holds at 52 in June, Services PMI declines to 53.1

Tuesday, 24 June 2025 04:23 WIB | Economy

The economic activity in the US' private sector continued to expand at a healthy pace in June, with the S&P Global Composite Purchasing Managers Index coming in at 52.8 (flash estimate), down slightly from 53 in May. In the same period, the Manufacturing PMI held steady at 52, while the...

US Manufacturing PMI Unexpectedly Rises in May

Friday, 23 May 2025 04:17 WIB | Economy

The S&P Global Flash US Manufacturing PMI increased to 52.3 in May 2025, the highest in three months, compared to 50.2 in April and beating forecasts of 50.1. The reading signalled the strongest improvement in business conditions since June 2022, as factory production moved back into...

US Manufacturing PMI exceeds expectations, indicating sector expansion

Saturday, 22 February 2025 05:11 WIB | Economy

The US Manufacturing Purchasing Managers' Index (PMI), a key indicator of economic performance in the manufacturing sector, has reported a higher than anticipated figure. The actual number came in at 51.6, exceeding both the forecasted and previous numbers. This figure was higher than the...

US ISM Manufacturing PMI Declines to 46.8 in July vs. 48.8 Expected

Friday, 2 August 2024 04:13 WIB | Root

The business activity in the US manufacturing sector continued to contract at an accelerating pace in July, with the ISM Manufacturing PMI declining to 46.8 from 48.5 in June. This reading fell short of the market expectation of 48.8. The Employment Index of the PMI survey declined sharply to...

US Factory Activity Shrinks for Third Month as Prices Moderate

Tuesday, 2 July 2024 03:48 WIB | Root

US factory activity contracted slightly for a third straight month in June, while a measure of prices fell by the most in more than a year. The Institute for Supply Management’s manufacturing gauge was little changed at 48.5 compared with 48.7 a month earlier, data out Monday showed....

US ISM Manufacturing PMI Drops to 49.2 in April vs 50.0 Expected

Thursday, 2 May 2024 03:55 WIB | Root

The business activity in the US manufacturing sector contracted in April, with the ISM Manufacturing PMI dropping to 49.2 from 50.3 in March. This reading came in below the market expectation of 50.0. The Employment Index of the PMI survey improved to 48.6 from 47.4 in the same period, while the...

U.S. economy takes a step backward in April, S&P surveys show

Wednesday, 24 April 2024 03:46 WIB | Root

The U.S. economy lost some momentum in April, a pair of S&P surveys found, as businesses reported a decline in new orders and reduced employment for the first time since the pandemic. The flash U.S. manufacturing purchasing managers index slipped to a four-month low of 49.9 in April from 51.9...

US ISM Manufacturing PMI Improves To 50.3 In March Vs. 48.4 Expected

Tuesday, 2 April 2024 03:59 WIB | Root

Business activity in the US manufacturing sector expanded at a modest pace in March, with the ISM Manufacturing PMI rising to 50.3 from 47.8 in February. This reading came in better than the market expectation of 48.4. Other details of the report showed that the Employment Index edged higher to...

Manufacturing activity falls significantly in New York in March

Saturday, 16 March 2024 02:20 WIB | Root

The New York Fed’s Empire State business conditions index, a gauge of manufacturing activity in the state, fell 18.5 points in March to negative 20.9, the regional bank said Friday. The drop was much larger than expected. Economists had expected a negative 6 reading, according to a survey by the...

February Empire State Manufacturing Index Rises More Than Expected, Still Negative

Friday, 16 February 2024 03:41 WIB | Root

The New York Federal Reserve's Empire State manufacturing index rebounded to minus 2.4 in February after a decline to minus 43.7 in January, compared with a smaller expected increase to a reading of minus 13.8 in a survey compiled by Bloomberg. The Empire State index is one of the first...

US Manufacturing Gauge Contracts at Fastest Pace in Three Months

Thursday, 2 November 2023 04:02 WIB | Root

A measure of US factory activity stumbled to a three-month low as sagging orders and scant production growth undercut hopes that manufacturing is turning the corner after an almost year-long slide. The Institute for Supply Management’s manufacturing gauge fell 2.3 points, the biggest monthly...

New York Manufacturing Barely Grows, While Price Gauges Retreat

Tuesday, 18 July 2023 02:28 WIB | Root

A measure of New York state factory activity barely expanded in July as orders edged up and inflationary pressures eased. The Federal Reserve Bank of New Yorkâ€™s general business conditions index decreased 5.5 points to 1.1, data showed Monday. A reading above zero indicates growth....

U.S. Manufacturers Still in a Slump, ISM Shows, but Inflation is Easing

Friday, 2 June 2023 03:58 WIB | Root

A key barometer of U.S. factories was negative for the seventh month in a row and pointed to an ongoing slowdown in manufacturing, but weaker demand is also acting to curb high inflation. The Institute for Supply Management's manufacturing survey slipped to 46.9% from 47.1% in the prior...

New York Empire State Factory Gauge Plummets in May Deep into Negative Territory

Tuesday, 16 May 2023 02:35 WIB | Root

The New York Fed's Empire State business conditions index, a gauge of manufacturing activity in the state, plunged 42.6 points in May to negative 31.8, the regional Fed bank said Monday. Economists had expected a reading of negative 5, according to a survey by the Wall Street Journal. Any...

US S&P Manufacturing PMI rises to 50.4 in April, Composite PMI improves to 53.5

Saturday, 22 April 2023 03:42 WIB | Root

Business activity in the US private sector expanded at a strengthening pace in April with S&P Global Composite PMI rising to 53.5 (flash) from 52.3 in March. This reading came in better than the market expectation of 52.8. S&P Global Manufacturing PMI improved to 50.4 in the same period...

Empire State Manufacturing Index Falls More Than Expected in February, Remains in Contraction

Thursday, 16 February 2023 03:28 WIB | Root

The New York Federal Reserve's Empire State manufacturing index rose to minus-5.8 in February from minus-32.9 in January, compared with a smaller expected increase to a reading of minus-18 in a survey compiled by Bloomberg. The Empire State index is one of the first manufacturing sector reading...

US Manufacturing Contracts for a Second Month, Prices Ease

Thursday, 5 January 2023 04:39 WIB | Root

US manufacturing activity contracted for a second month in December, capping the steepest annual slide in the key factory gauge since 2008 and helping to further tame price pressures. The Institute for Supply Managementâ€™s gauge of factory activity fell to 48.4 last month, the lowest...

Contraction in U.S. Factory Sector Deepened in December -- S&P Global

Wednesday, 4 January 2023 04:38 WIB | Root

The U.S. manufacturing sector contracted in December at the steepest pace since the onset of the Covid-19 pandemic as demand remained subdued and production weakened, data from a purchasing managers survey showed Tuesday. The S&P Global U.S. manufacturing PMI decreased to 46.2 in December...

Manufacturing in US Contracts for First Time Since May 2020

Friday, 2 December 2022 04:44 WIB | Root

US manufacturing contracted in November for the first time since May 2020 as output weakened in the face of a third-straight month of shrinking orders. The Institute for Supply Managementâ€™s gauge of factory activity slid to 49 from 50.2 in the prior month, according to data released Thursday....

US: S&P Global Manufacturing PMI Drops to 47.6 in November vs. 50 Expected

Thursday, 24 November 2022 04:34 WIB | Root

Business activity in the US manufacturing sector contracted in early November with the S&P Global Manufacturing PMI dropping to 47.6 from 50.4 in October. This reading came in weaker than the market expectation of 50. "Contributing to the decrease in the headline figure was a renewed fall in...

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