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Category Archives: ISM Surveys
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Econintersect has changed the feed URL tohttp://feeds.feedburner.com/GlobalEconomicIntersection. Please bookmark and visit our new analysis blog at http://econintersect.com/a/blogs/blog1.php. Here is what we posted today in analysis: Analysis Blog Durable Goods Mixed in February 2014 Eccles, Conant, Foster, Hobson and Mandeville for the 21st Century EU’s Latest Nail In Its Own Coffin
February 2014 ISM Services Index Disappoints
Written by Steven Hansen The February 2014 ISM non-manufacturing (aka services) index continues its growth cycle, but declined from 54.0 to 51.6 (above 50 signals expansion). Important internals were soft.
February 2014 ISM Manufacturing Survey At High End of Expectations
Written by Steven Hansen The ISM Manufacturing survey for February 2014 indicated moderate manufacturing expansion. The New Orders sub-index which historically correlates to the economy improved even more significantly than the prime index.
Manufacturers’ Lack of Confidence
So far three regional manufacturing PMIs have been flash estimated for January: euro area, U.S., and China. These three also represent the largest global economic weights by many measures, including the purchasing power parity measure.