[TSP_Strategy] ISM Manufacturing Index

 

ISM Manufacturing Index

Chart of the Week for June 7, 2019 - June 13, 2019

The Institute for Supply Management publishes a monthly index of manufacturing activity in the U.S. The index is based on surveys of 400 purchasing managers nationwide regarding manufacturing in 20 industries and an index value above 50 indicates the economy is expanding. The chart above shows the index value over the past year.

While still in the expansion range, the May 2019 index value of 52.1 was below consensus expectations and was the lowest value for the past year. The May 2019 report showed an increase in new orders, but declines in production, inventories, supplier deliveries, and backlog orders. Numerous respondents commented that the current tariffs weighed on manufacturing sentiment. Economists noted that the current 10% tariff structure with China was manageable for businesses, but if 25% tariffs with China or Mexico become reality then global supply chains, business confidence, and the U.S. economy maybe impacted.

__._,_.___

---

Posted by: sarah_oz@yahoo.com

---

Reply via web post

•

Reply to sender

•

Reply to group

•

Start a New Topic

•

Messages in this topic (2)

Neither the TSP Strategy group, nor individual members, are licensed or authorized to provide investment advice. Any statements made herein merely reflect the personal opinions of the individual group member. Please make your own investment decisions based upon your personal circumstances.

Visit Your Group

• Privacy • Unsubscribe • Terms of Use

SPONSORED LINKS

.

__,_._,___

Anda baru saja membaca artikel yang berkategori dengan judul [TSP_Strategy] ISM Manufacturing Index. Anda bisa bookmark halaman ini dengan URL https://1stleadershipworkshop.blogspot.com/2019/06/tspstrategy-ism-manufacturing-index.html. Terima kasih!

Ditulis oleh: Andriansyah -