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Tuesday, September 02, 2014 1:06 PM


US Manufacturing ISM Expansion Continues for 15 Consecutive Months


US manufacturing continued its expansion for the 15th consecutive month. It has been in expansion since May of 2013 when it registered 50.0.

Manufacturing ISM Index



For details, lets turn to the August 2014 Manufacturing ISM® Report On Business®.

ISM at a Glance

Series DataAug IndexJul IndexPercentage Point ChangeDirectionRate of ChangeTrend (Months)
PMI™ 59.0 57.1 +1.9 Growing Faster 15
New Orders 66.7 63.4 +3.3 Growing Faster 15
Production 64.5 61.2 +3.3Growing Faster 6
Employment 58.158.2 -0.1 Growing Slower 14
Supplier Deliveries 53.9 54.1 -0.2 Slowing Slower 15
Inventories 52.0 48.5 +3.5 Growing From Contracting1
Customers' Inventories 49.0 43.5 +5.5 Too Low Slower33
Prices 58.0 59.5 -1.5 Increasing Slower13
Backlog of Orders 52.5 49.5 +3.0 Growing From Contracting 1
Exports 55.0 53.0 +2.0Growing Faster 21
Imports 56.0 52.0
+4.0
Growing Faster 19


This was a solid report.

Mike "Mish" Shedlock
http://globaleconomicanalysis.blogspot.com

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