ISM

Economic output continued expanding in February 2018 according to the latest releases from the Institute for Supply Management (ISM).  Both of their surveys recorded tallies well above 50.0, a level indicative of no discernable change.  Manufacturing’s reading was 60.8, accelerating from 59.1.  Meanwhile, non-manufacturing decelerated a smidgen to 59.5 from 59.9 in January.

America’s economic expansion showed no signs of fatigue in December 2017 according to data from the Institute for Supply Management.  Both sides of the economy maintained readings well above the breakeven level of 50.0.  The cyclically sensitive manufacturing segment accelerated to a reading of 59.7 (a 14-year high) from the already impressive tally of 58.2 in November.  Se

Economic activity remained strong in November 2017 according to the latest data from the Institute for Supply Management.  Both the goods and services sides of the economy maintained tallies well over 50.0, the level considered neither expansionary nor contractionary.  This continued strength bodes well for the fourth quarter figure on Gross Domestic Product (GDP) which will be releas

Economic output remained robust during October 2017 according to data from the Institute for Supply Management (ISM).  Measures quantifying the health of both the manufacturing and service sides of the economy suggest output is strong.  Despite a modest cooling in the manufacturing tally (58.7 versus 60.8 in September), this cyclically sensitive portion of output remains well ahead of

Both sides of the economy accelerated in September according to indicators from the Institute for Supply Management. Manufacturing’s tally improved to 60.8 from an already healthy 58.8 in August. Nonmanufacturing jumped to 59.8 from 55.3. In short, the economy looks good.

Output on both sides of the American economy accelerated in August according to the two figures from the Institute for Supply Management (ISM). Manufacturing’s tally increased to 58.8 from an already strong reading of 56.3 in July. On the service side of output, the non-manufacturing total reached 55.3 after the prior count of 53.9.

Deceleration sums up the American economy in July 2017 according to the latest data from the Institute for Supply Management (ISM).  Each month this organization surveys purchasing managers from various firms to get a sense of the economy’s velocity.  The good news is that output continued heading in a positive direction.   Unfortunately, there was some evidence of dec