Global| Nov 01 2019TT
Summary
Weakness continues in the factory sector. The ISM manufacturing index fell to 47.8 during September........ The ISM figures are diffusion indexes where a reading above 50 indicates expansion. The figures from the Institute for Supply [...]
Weakness continues in the factory sector. The ISM manufacturing index fell to 47.8 during September........
The ISM figures are diffusion indexes where a reading above 50 indicates expansion. The figures from the Institute for Supply Management can be found in Haver's USECON database; further detail is found in the SURVEYS database. Commodity prices can be found in USECON as well as the CMDTY database. The expectations number is available in Haver's AS1REPNA database.
| ISM Mfg (SA) | Oct | Sep | Aug | Oct'18 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|
| Headline Index | 48.3 | 47.8 | 49.1 | 57.5 | 58.8 | 57.4 | 51.3 |
| New Orders | 49.1 | 47.3 | 47.2 | 58.0 | 61.5 | 62.2 | 54.5 |
| Production | 46.2 | 47.3 | 49.5 | 59.3 | 60.7 | 60.9 | 53.8 |
| Employment | 47.7 | 46.3 | 47.4 | 56.5 | 56.9 | 56.8 | 49.1 |
| Supplier Deliveries | 49.5 | 51.1 | 51.4 | 63.2 | 62.0 | 56.8 | 51.8 |
| Inventories | 48.9 | 46.9 | 49.9 | 50.7 | 52.9 | 50.4 | 47.5 |
| Prices Paid Index (NSA) | 45.5 | 49.7 | 46.0 | 71.6 | 71.7 | 65.0 | 53.1 |
Gerald D. Cohen
AuthorMore in Author Profile »Gerald Cohen provides strategic vision and leadership of the translational economic research and policy initiatives at the Kenan Institute of Private Enterprise.
He has worked in both the public and private sectors focusing on the intersection between financial markets and economic fundamentals. He was a Senior Economist at Haver Analytics from January 2019 to February 2021. During the Obama Administration Gerald was Deputy Assistant Secretary for Macroeconomic Analysis at the U.S. Department of Treasury where he helped formulate and evaluate the impact of policy proposals on the U.S. economy. Prior to Treasury, he co-managed a global macro fund at Ziff Brothers Investments.
Gerald holds a bachelor’s of science from the Massachusetts Institute of Technology and a Ph.D. in Economics from Harvard University and is a contributing author to 30-Second Money as well as a co-author of Political Cycles and the Macroeconomy.
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