ISM: Manufacturing Activity Expands in June
Economic activity in the manufacturing sector expanded in June following one month of contraction, according to the latest Manufacturing ISM Report on Business.
Economic activity in the manufacturing sector expanded in June following one month of contraction, according to the latest Manufacturing ISM Report on Business.
The most recent Phoenix Management “Lending Climate in America” Survey showed more lenders anticipating spreads to decrease. The percentage of lenders expecting to reduce their current interest rate spreads increased nine percentage points, representing 30% of total responses in Q2/13.
The Institute for Supply Management said its Non-Manufacturing Index registered 53.7% in May, higher than the 53.1% registered in April, indicating continued growth at a slightly faster rate in services sector.
Economic activity in the manufacturing sector contracted in May for the first time since November 2012, according to the latest Manufacturing ISM Report On Business.
Economic activity in the manufacturing sector expanded in March for the fourth consecutive month, according to the latest Manufacturing ISM Report On Business.
The Institute for Supply Management said its Non-Manufacturing Index in February was 0.8 percentage point higher than in January. This month’s reading reflects the highest NMI since February 2012.
The Institute for Supply Management said its Non-Manufacturing Index registered 55.2% in January, 0.5 percentage point lower than the seasonally adjusted 55.7% registered in December.
The Institute for Supply Management said its Non-Manufacturing Index registered 56.1% in December, 1.4 percentage points higher than the 54.7% registered in November. This indicates continued growth at a slightly faster rate in the non-manufacturing sector.
Economic activity in the manufacturing sector expanded in December, indicating expansion for only the third time in the last seven months, according to the latest Manufacturing ISM Report on Business.