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Tag Archives: new orders
May 2013 Philly Fed Business Outlook Goes Negative
Written by Steven Hansen The Philly Fed Business Outlook Survey fell into negative (contraction) – after two months in positive territory. This survey has been negative for 9 of the last 13 months. Key element new orders slipped further into … Continue reading
Posted in Manufacturing, Retail & Business Sales, aa syndication
Tagged backlog, business, conditions, manufacturing, new orders, orders, Philly Fed, philly_man, Steven Hansen
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May 2013 Empire State Survey Goes Negative – Under Expectations
Written by Steven Hansen The Empire State Manufacturing Survey (manufacturing in New York State) in May 2013 shows manufacturing is contracting after expanding for the previous three months in a row. This noisy index has moved from 17.1 (May), 2.3 … Continue reading
March Factory Order Rebound Doesn’t Change Dismal Trend
by Lee Adler, Wall Street Examiner New factory orders (actual, adjusted for inflation and not seasonally adjusted), which is a broader measure than durable goods orders because it includes non-durables, dropped 3.3% on a year to year basis in March. … Continue reading
April 2013 ISM Services Index Not Painting a Picture of Healthy Growth
Written by Steven Hansen The April 2013 ISM non-manufacturing (aka services) index continues its 2+ year growth cycle, but declined from 54.4 to 53.1 (above 50 signals expansion). This was below the range of market forecasts of 53.9 to 54.0. … Continue reading
Durable Goods Orders Show US Manufacturing Continuing Secular Decline
by Lee Adler, Wall Street Examiner New orders for manufactured durable goods in March decreased $13.1 billion or 5.7 percent to $216.3 billion, the U.S. Census Bureau announced today. This decrease, down two of the last three months, followed a … Continue reading
April 2013 Philly Fed Business Outlook Remains Barely Positive
Written by Steven Hansen The Philly Fed Business Outlook Survey remains in positive (growth) territory for the second month – albeit barely. This survey has been negative for 8 of the last 12 months. Key element new orders is slightly … Continue reading
Posted in Manufacturing, Retail & Business Sales, aa syndication
Tagged backlog, business, conditions, manufacturing, new orders, orders, Philly Fed, philly_man, Steven Hansen
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April 2013 Empire State Survey Continues to Say Manufacturing Expanding
Written by Steven Hansen The Empire State Manufacturing Survey (manufacturing in New York State) in April 2013 shows manufacturing has now expanded for three months in a row. This noisy index has moved from 6.6 (April 2012), 17.1 (May), 2.3 … Continue reading
ISM New Factory Orders Collapse As Fed Creates Another Asset Bubble
by Lee Adler, Wall Street Examiner The March headline seasonally adjusted aggregate Manufacturing Purchasing Managers Index reading of 51.3 was substantially worse than the consensus expectation of 54, reversing the trend of the professional econoquacks underestimating the economy. Last week … Continue reading
Posted in ISM Surveys
Tagged Economy, Federal Reserve, industrial production, ISM, Lee Adler, manufacturing, new orders, trade balance
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March 2013 ISM Services Index Decline May Be Just Noise
Written by Steven Hansen The March 2013 ISM non-manufacturing (aka services) index continues its 2+ year growth cycle, but declined from 56.0 to 54.4 (above 50 signals expansion). This was below the range of market forecasts of 55.0 to 55.5. … Continue reading
March 2013 Philly Fed Business Outlook Finally Positive
Written by Steven Hansen The Philly Fed Business Outlook Survey finally entered growth territory – as it has been negative for 9 of the last 11 months. Key element new orders is now in expansion territory. This is a very … Continue reading
Posted in Manufacturing, Retail & Business Sales, aa syndication
Tagged backlog, business, conditions, manufacturing, new orders, orders, Philly Fed, philly_man, Steven Hansen
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March 2013 Empire State Survey Continues to Say Manufacturing Expanding
Written by Steven Hansen The Empire State Manufacturing Survey (manufacturing in New York State) in March 2013 shows manufacturing has now expanded for two months in a row. This noisy index has moved from 20.2 (March), 6.6 (April), 17.1 (May), … Continue reading
February 2013 ISM Services Index At 12 Month High
Written by Steven Hansen The February 2013 ISM non-manufacturing (aka services) index continues its 2+ year growth cycle, and is now at a 12 month high. The index advanced from 55.2 to 56.0 (above 50 signals expansion). This was within … Continue reading
February 2013 Philly Fed Business Outlook Sinks Further into Contraction
Written by Steven Hansen The Philly Fed Business Outlook Survey continues in negative territory – and has been negative for 9 of the last 10 months. Key element new orders and unfilled orders dropped further into contraction. This is a … Continue reading
Posted in Manufacturing, Retail & Business Sales, aa syndication
Tagged backlog, business, conditions, manufacturing, new orders, orders, Philly Fed, philly_man, Steven Hansen
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Fickle February 2013 Empire State Survey Now Saying Manufacturing Expanding
Written by Steven Hansen The Empire State Manufacturing Survey (manufacturing in New York State) in February 2013 shows manufacturing .is now expanding relatively strongly ending six months of contraction. This is the highest expansion in well over a year. This … Continue reading
ISM Services Index Expands, But Softens in January 2013
Written by Steven Hansen The January 2013 ISM non-manufacturing (aka services) index continues its 2+ year growth cycle, but softened somewhat from 55.7 to 55.2 (above 50 signals expansion). This was below the market forecast of 55.5 to 55.6 which … Continue reading
January 2013 Philly Fed Business Outlook Shows Contraction Again
Written by Steven Hansen The Philly Fed Business Outlook Survey jumped back into negative territory – and has been negative for 8 of the last 9 months. Key element new orders dropped well into contraction, while unfilled orders was less … Continue reading
Posted in Manufacturing, Retail & Business Sales, aa syndication
Tagged backlog, business, conditions, manufacturing, new orders, orders, Philly Fed, philly_man, Steven Hansen
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January 2013 Empire State Survey Continues to Signal Contraction
Written by Steven Hansen The Empire State Manufacturing Survey (manufacturing in New York State) in January 2013 shows manufacturing contraction continues to be forecast for a sixth month in a row. Expansion is indicated by positive numbers in this index. … Continue reading
ISM Services Index Comes In Well Above Expectations in December 2012
Written by Steven Hansen The December 2012 ISM non-manufacturing (aka services) index continues its 2+ year growth cycle, and improved from 54.7 to 56.1 (above 50 signals expansion). This was much better than the market forecast of 53.5 which was … Continue reading
December 2012 Philly Fed Survey Way Over Expectations
Written by Steven Hansen The Philly Fed Business Outlook Survey jumped back into expansion territory – after having been negative for 7 of the last 8 months. Key elements, unfilled orders and new orders both showed expansion. This is a … Continue reading
Posted in Manufacturing, Retail & Business Sales, aa syndication
Tagged backlog, business, conditions, manufacturing, new orders, orders, Philly Fed, philly_man, Steven Hansen
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December 2012 Empire State Survey Shows Contraction Continuing
Written by Steven Hansen The Empire State Manufacturing Survey (manufacturing in New York State) in December 2012 shows manufacturing contraction continues to be forecast for a fifth month after the previous eight months of expansion. Expansion is indicated by positive … Continue reading
