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Tag Archives: order backlog
May 2013 Empire State Survey Improves – Just Do Not Examine It Closely
Written by Steven Hansen The Empire State Manufacturing Survey (manufacturing in New York State) in June 2013 shows manufacturing is expanding after slightly contracting last month. This noisy index has moved from 17.1 (May 2012), 2.3 (June), 7.4 (July), -5.9 … Continue reading
May 2013 ISM Services Index Improves
Written by Steven Hansen The May 2013 ISM non-manufacturing (aka services) index continues its 2+ year growth cycle, and improved from 53.1 to 53.7 (above 50 signals expansion) – almost completely reversing last month’s loss. This was above the range … Continue reading
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
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
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
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 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
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 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 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
ISM Services Index Moderately Strengthens in November 2012
Written by Steven Hansen The November 2012 ISM non-manufacturing (aka services) index continues its 2+ year growth cycle, and improved moderately from 54.2 to 54.7 (above 50 signals expansion). This was much better than the market forecast of 53.0 to … Continue reading
November 2012 Empire State Survey Still Shows Sector Contracting
Written by Steven Hansen The Empire State Manufacturing Survey (manufacturing in New York State) in November 2012 shows manufacturing contraction continues to be forecast for a fourth month after the previous eight months of expansion. Expansion is indicated by positive … Continue reading
ISM Services Index Is Softer in October 2012
Written by Steven Hansen The October 2012 ISM non-manufacturing (aka services) index continues its 2+ year growth cycle, but declined moderately from 55.1 to 54.2 (above 50 signals expansion). This was slightly below the market forecast of 54.5 to 55.0. … Continue reading
October 2012 Empire State Survey Continues to Predict Manufacturing Contraction
Written by Steven Hansen The Empire State Manufacturing Survey (manufacturing in New York State) in October 2012 shows manufacturing contraction continues to be forecast for a third month after the previous eight months of expansion. Expansion is indicated by positive … Continue reading
September 2012 ISM Services Index Improves Moderately
Written by Steven Hansen The September 2012 ISM non-manufacturing index continues its 2+ year growth cycle, and rose moderately from 53.7 to 55.1 (above 50 signals expansion). This was well above the market forecast of 52.0 to 53.0. The economically … Continue reading
Empire State Survey Very Negative in September 2012
Written by Steven Hansen [Note: This post is late as the New York Fed did not publicly post until 45 minutes after the scheduled post time – even though major media obviously had access to this report. Just one more … Continue reading
August 2012 ISM Services Index Continues to Show Expanding Economy
Written by Steven Hansen The August 2012 ISM non-manufacturing index continues its 2+ year growth cycle, and rose marginally from 52.6 to 53.7 (above 50 signals expansion). This was above the market forecast of 51.0 to 52.4. The economically intuitive … Continue reading
