AIRR
First Trust RBA American Industrial Renaissance ETF
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Earnings
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Earnings
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Summary
The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an index called the Richard Bernstein Advisors American Industrial Renaissance(R) Index (the "index"). The fund will normally invest at least 90% of its net assets (including investment borrowings) in U.S. equity securities that comprise the index. The index is designed to measure the performance of small and mid cap U.S. companies in the industrial and community banking sectors. It is non-diversified.
Market Cap: 214 Million
Primary Exchange: NASDAQ Global Market
Website: http://www.ftportfolios.com
Shares Outstanding: 7.7 Million
Float: 7.7 Million
Dividend: 0.0823 (0.3%)
Beta: 1.365633
Sector:
Industry:
Short Interest (): 0
Ethical Flags
Longest drawdown: 611 trading days
From: 2014-04-02 To: 2016-09-02
Lowest Point:
Industrials pinned down by weakness among aerospace/defense stocks
via: SeekingAlpha at 2019-06-11 10:57:09:000
Would-be merger partners United Technologies ( UTX -3.9% ) and Raytheon ( RTN -4.9% ) lead industrial as well as defense and aerospace names lower a day after Pres. Trump gave mixed signals on whether he believed the deal between the companies should go forward. More news on: United … read more...
Industrials pinned down by weakness among aerospace/defense stocks
via: SeekingAlpha at 2019-06-11 10:57:09:000
Would-be merger partners United Technologies ( UTX -3.9% ) and Raytheon ( RTN -4.9% ) lead industrial as well as defense and aerospace names lower a day after Pres. Trump gave mixed signals on whether he believed the deal between the companies should go forward. More news on: United … read more...
Industrials pinned down by weakness among aerospace/defense stocks
via: SeekingAlpha at 2019-06-11 10:57:09:000
Would-be merger partners United Technologies ( UTX -3.9% ) and Raytheon ( RTN -4.9% ) lead industrial as well as defense and aerospace names lower a day after Pres. Trump gave mixed signals on whether he believed the deal between the companies should go forward. More news on: United … read more...
Stocks And Oil Rebound While Copper Remains Near The Low
via: SeekingAlpha at 2019-06-11 02:00:00:000
When optimism turned to pessimism over the prospects for a trade agreement between the US and China in May, the prices of stocks and crude oil declined. The risk-off environment following President Trump's announcement on May 10 and China's retaliatory measures on May 13 began to look a lot li… read more...
Stocks And Oil Rebound While Copper Remains Near The Low
via: SeekingAlpha at 2019-06-11 02:00:00:000
When optimism turned to pessimism over the prospects for a trade agreement between the US and China in May, the prices of stocks and crude oil declined. The risk-off environment following President Trump's announcement on May 10 and China's retaliatory measures on May 13 began to look a lot li… read more...
Stocks And Oil Rebound While Copper Remains Near The Low
via: SeekingAlpha at 2019-06-11 02:00:00:000
When optimism turned to pessimism over the prospects for a trade agreement between the US and China in May, the prices of stocks and crude oil declined. The risk-off environment following President Trump's announcement on May 10 and China's retaliatory measures on May 13 began to look a lot li… read more...
Base Metals - Trade Takes LME Metals Lower
via: SeekingAlpha at 2019-06-06 02:15:00:000
The base metals that trade on the London Metals Exchange include copper, aluminum, nickel, lead, zinc, and tin. The six nonferrous metals are building blocks for infrastructure with a myriad of applications. The LME is more than a futures exchange, the most liquid contracts that trade on the 1… read more...
Base Metals - Trade Takes LME Metals Lower
via: SeekingAlpha at 2019-06-06 02:15:00:000
The base metals that trade on the London Metals Exchange include copper, aluminum, nickel, lead, zinc, and tin. The six nonferrous metals are building blocks for infrastructure with a myriad of applications. The LME is more than a futures exchange, the most liquid contracts that trade on the 1… read more...
Base Metals - Trade Takes LME Metals Lower
via: SeekingAlpha at 2019-06-06 02:15:00:000
The base metals that trade on the London Metals Exchange include copper, aluminum, nickel, lead, zinc, and tin. The six nonferrous metals are building blocks for infrastructure with a myriad of applications. The LME is more than a futures exchange, the most liquid contracts that trade on the 1… read more...
95% Gone
via: SeekingAlpha at 2019-06-04 23:20:37:000
Back in the fourth quarter of 2016, in the immediate aftermath of the 2016 election, sentiment towards manufacturing in the US surged. Right before the election in October 2016, the ISM Manufacturing index was at 51.7, and eventually rallied all the way to a peak of 60.8 in August 2018. For th… read more...
Copper Continues To Melt Along With The Other Nonferrous Metals
via: SeekingAlpha at 2019-05-26 02:00:00:000
With each level on the up or the downside, Doctor Copper provides market participants with a potential diagnosis for the overall health and wellbeing of the global economy. However, since China is the world's leading consumer of the red metal as well as many of the other base metals that trade… read more...
Copper Continues To Melt Along With The Other Nonferrous Metals
via: SeekingAlpha at 2019-05-26 02:00:00:000
With each level on the up or the downside, Doctor Copper provides market participants with a potential diagnosis for the overall health and wellbeing of the global economy. However, since China is the world's leading consumer of the red metal as well as many of the other base metals that trade… read more...
Copper Continues To Melt Along With The Other Nonferrous Metals
via: SeekingAlpha at 2019-05-26 02:00:00:000
With each level on the up or the downside, Doctor Copper provides market participants with a potential diagnosis for the overall health and wellbeing of the global economy. However, since China is the world's leading consumer of the red metal as well as many of the other base metals that trade… read more...
Copper Continues To Melt Along With The Other Nonferrous Metals
via: SeekingAlpha at 2019-05-26 02:00:00:000
With each level on the up or the downside, Doctor Copper provides market participants with a potential diagnosis for the overall health and wellbeing of the global economy. However, since China is the world's leading consumer of the red metal as well as many of the other base metals that trade… read more...
Durable Goods Sucking Wind
via: SeekingAlpha at 2019-05-24 22:10:02:000
This morning's advance report on April manufacturing new orders, sales, and inventories was a pretty notable disappointment. The advance report only provides data on durable goods industries, which are revised at a two week lag when numbers for nondurable industries are added too. In addition … read more...
Durable-Goods Orders Appear To Be Plateauing
via: SeekingAlpha at 2019-05-24 20:08:35:000
By Robert Hughes New orders for durable goods decreased 2.1 percent in April, led by a 5.9 percent fall in transportation equipment. Over the past year, orders are up just 0.2 percent to $248.4 billion, about 5 percent below the all-time high of $262.2 billion in September 2018 but more th… read more...
Poor Results For Retail Sales And Manufacturing Output In April
via: SeekingAlpha at 2019-05-16 03:46:37:000
By Robert Hughes Retail sales and food services spending fell 0.2 percent in April following a 1.7 percent gain in March. Excluding the volatile auto and energy categories, core retail sales and food services were down 0.2 percent in April after a gain of 1.1 percent in March. Over the pas… read more...
Poor Results For Retail Sales And Manufacturing Output In April
via: SeekingAlpha at 2019-05-16 03:46:37:000
By Robert Hughes Retail sales and food services spending fell 0.2 percent in April following a 1.7 percent gain in March. Excluding the volatile auto and energy categories, core retail sales and food services were down 0.2 percent in April after a gain of 1.1 percent in March. Over the pas… read more...
Poor Results For Retail Sales And Manufacturing Output In April
via: SeekingAlpha at 2019-05-16 03:46:37:000
By Robert Hughes Retail sales and food services spending fell 0.2 percent in April following a 1.7 percent gain in March. Excluding the volatile auto and energy categories, core retail sales and food services were down 0.2 percent in April after a gain of 1.1 percent in March. Over the pas… read more...
Empire State Manufacturing Survey: Modest Growth In May
via: SeekingAlpha at 2019-05-15 06:25:17:000
By Jill Mislinski This morning, we got the latest Empire State Manufacturing Survey . The diffusion index for General Business Conditions at 17.80 was an increase of 7.7 from the previous month's 10.10. The Investing.com forecast was for a reading of 8.20. The Empire State Manufacturi… read more...
The Copper Barometer On Trade Continues To Work
via: SeekingAlpha at 2019-05-14 09:05:08:000
Copper is the leader of the base metals sector that trades on the London Metals Exchange. The forward market in London is the most liquid exchange in the world for copper as well as for aluminum, lead, zinc, nickel, and tin. All of these metals are building blocks for infrastructure around the… read more...
ISM 'Surprise'
via: SeekingAlpha at 2019-05-04 10:26:18:000
GDP was better than 3% in the first quarter, the payroll report was greater than +250k, and the unemployment rate was the lowest in fifty years. The economy in the US must (still) be booming. But : The vast US services sector recorded a surprise slowdown in April, according to the … read more...
ISM 'Surprise'
via: SeekingAlpha at 2019-05-04 10:26:18:000
GDP was better than 3% in the first quarter, the payroll report was greater than +250k, and the unemployment rate was the lowest in fifty years. The economy in the US must (still) be booming. But : The vast US services sector recorded a surprise slowdown in April, according to the … read more...
ISM 'Surprise'
via: SeekingAlpha at 2019-05-04 10:26:18:000
GDP was better than 3% in the first quarter, the payroll report was greater than +250k, and the unemployment rate was the lowest in fifty years. The economy in the US must (still) be booming. But : The vast US services sector recorded a surprise slowdown in April, according to the … read more...
ISM 'Surprise'
via: SeekingAlpha at 2019-05-04 10:26:18:000
GDP was better than 3% in the first quarter, the payroll report was greater than +250k, and the unemployment rate was the lowest in fifty years. The economy in the US must (still) be booming. But : The vast US services sector recorded a surprise slowdown in April, according to the … read more...
A Bloated Auto Sector Begins To Implode, Risking Contagion - Nathan McDonald (02/05/2019)
via: SeekingAlpha at 2019-05-03 01:10:57:000
By Nathan McDonald In what is being taken as another sign of an incoming recession, auto sales across the board are down - and down significantly. Often used as a strong indicator of a healthy consumer economy, auto sales provide an early warning signal for economists and businesses hopi… read more...
Podcast Ep. 6: How One Of The Largest U.S. Truck Manufacturers Mitigates Tariff Risk - And Plans For 2020
via: SeekingAlpha at 2019-05-02 06:25:41:000
Original Post By Taras Berezowsky In the aftermath of the Section 232 tariffs on steel and aluminum going into effect in March 2018, we heard and read a lot about some of the largest American OEMs and their business challenges. For example, Ford Motor Company's (F) claim that the t… read more...
Manufacturing Expansion Slowed In April
via: SeekingAlpha at 2019-05-02 00:05:06:000
By Robert Hughes The Manufacturing Purchasing Managers Index from the Institute for Supply Management registered a 52.8 percent reading in April, down 2.5 points from 55.3 in March and the lowest reading since November 2016 (see top chart). April is the 32 nd month in a row above the neut… read more...
Are We Seeing The Death Of The Industrial Conglomerate ?
via: SeekingAlpha at 2019-04-26 01:52:48:000
It all started in 2015 with United Technologies (UTX), when the conglomerate wanted to divest Sikorsky which they eventually did to Lockheed Martin (LMT) in late 2015. But United Technologies struggled somewhat after that sale, trying to reinvest the sales proceeds and also continue to grow fr… read more...
Are We Seeing The Death Of The Industrial Conglomerate ?
via: SeekingAlpha at 2019-04-26 01:52:48:000
It all started in 2015 with United Technologies (UTX), when the conglomerate wanted to divest Sikorsky which they eventually did to Lockheed Martin (LMT) in late 2015. But United Technologies struggled somewhat after that sale, trying to reinvest the sales proceeds and also continue to grow fr… read more...
Are We Seeing The Death Of The Industrial Conglomerate ?
via: SeekingAlpha at 2019-04-26 01:52:48:000
It all started in 2015 with United Technologies (UTX), when the conglomerate wanted to divest Sikorsky which they eventually did to Lockheed Martin (LMT) in late 2015. But United Technologies struggled somewhat after that sale, trying to reinvest the sales proceeds and also continue to grow fr… read more...
Are We Seeing The Death Of The Industrial Conglomerate ?
via: SeekingAlpha at 2019-04-26 01:52:48:000
It all started in 2015 with United Technologies (UTX), when the conglomerate wanted to divest Sikorsky which they eventually did to Lockheed Martin (LMT) in late 2015. But United Technologies struggled somewhat after that sale, trying to reinvest the sales proceeds and also continue to grow fr… read more...
Are We Seeing The Death Of The Industrial Conglomerate ?
via: SeekingAlpha at 2019-04-26 01:52:48:000
It all started in 2015 with United Technologies (UTX), when the conglomerate wanted to divest Sikorsky which they eventually did to Lockheed Martin (LMT) in late 2015. But United Technologies struggled somewhat after that sale, trying to reinvest the sales proceeds and also continue to grow fr… read more...
Copper Hangs In There - FCX And SCCO Are Barometers Of A Trade Deal
via: SeekingAlpha at 2019-04-23 02:30:00:000
Many market participants look to the copper market as a barometer of global economic growth or contraction. Copper's nickname "Doctor Copper" comes from the metal's perceived ability to diagnose the state of global economic conditions. Copper reached a bottom in early 2016 along with many othe… read more...
Copper Hangs In There - FCX And SCCO Are Barometers Of A Trade Deal
via: SeekingAlpha at 2019-04-23 02:30:00:000
Many market participants look to the copper market as a barometer of global economic growth or contraction. Copper's nickname "Doctor Copper" comes from the metal's perceived ability to diagnose the state of global economic conditions. Copper reached a bottom in early 2016 along with many othe… read more...
Copper Hangs In There - FCX And SCCO Are Barometers Of A Trade Deal
via: SeekingAlpha at 2019-04-23 02:30:00:000
Many market participants look to the copper market as a barometer of global economic growth or contraction. Copper's nickname "Doctor Copper" comes from the metal's perceived ability to diagnose the state of global economic conditions. Copper reached a bottom in early 2016 along with many othe… read more...
Lumber - What A Difference A Year Makes
via: SeekingAlpha at 2019-04-23 02:00:00:000
Lumber is one of the most illiquid commodities that trade on the futures markets. Many market participants in the lumber and construction business complain that the lack of liquidity makes the futures market virtually useless as a hedging vehicle. However, I view lumber futures as a benchmark … read more...
Lumber - What A Difference A Year Makes
via: SeekingAlpha at 2019-04-23 02:00:00:000
Lumber is one of the most illiquid commodities that trade on the futures markets. Many market participants in the lumber and construction business complain that the lack of liquidity makes the futures market virtually useless as a hedging vehicle. However, I view lumber futures as a benchmark … read more...
Lumber - What A Difference A Year Makes
via: SeekingAlpha at 2019-04-23 02:00:00:000
Lumber is one of the most illiquid commodities that trade on the futures markets. Many market participants in the lumber and construction business complain that the lack of liquidity makes the futures market virtually useless as a hedging vehicle. However, I view lumber futures as a benchmark … read more...
Green Shoot Or Domestic Stall?
via: SeekingAlpha at 2019-04-17 08:31:12:000
According to revised figures, things were really looking up for US industry. For the month of April 2018, the Federal Reserve's Diffusion Index (3-month) for Industrial Production hit 68.2. Like a lot of other sentiment indicators, this was the highest in so long it had to be something. For th… read more...
Green Shoot Or Domestic Stall?
via: SeekingAlpha at 2019-04-17 08:31:12:000
According to revised figures, things were really looking up for US industry. For the month of April 2018, the Federal Reserve's Diffusion Index (3-month) for Industrial Production hit 68.2. Like a lot of other sentiment indicators, this was the highest in so long it had to be something. For th… read more...
Green Shoot Or Domestic Stall?
via: SeekingAlpha at 2019-04-17 08:31:12:000
According to revised figures, things were really looking up for US industry. For the month of April 2018, the Federal Reserve's Diffusion Index (3-month) for Industrial Production hit 68.2. Like a lot of other sentiment indicators, this was the highest in so long it had to be something. For th… read more...
Weak Manufacturing Data In The New York Region
via: SeekingAlpha at 2019-04-15 23:26:01:000
Although the week kicked off with a better-than-expected Empire Manufacturing report for the month of April, the report itself wasn't particularly positive. In Monday morning's release, the headline General Business Conditions Index came in at a level of 10.1 versus last month's reading of 3.7… read more...
U.S. Factory Orders Lower, Inventories Higher
via: SeekingAlpha at 2019-04-08 23:06:38:000
Originally published April 8, 2019 It's the forward-looking indicators right now that look the worst. This is why we think Euro$ #4 is still closer to its beginning than its end. Even though it may be entering its fifth quarter of existence here in Q2 2019, these things are long processes … read more...
U.S. Factory Orders Lower, Inventories Higher
via: SeekingAlpha at 2019-04-08 23:06:38:000
Originally published April 8, 2019 It's the forward-looking indicators right now that look the worst. This is why we think Euro$ #4 is still closer to its beginning than its end. Even though it may be entering its fifth quarter of existence here in Q2 2019, these things are long processes … read more...
U.S. Factory Orders Lower, Inventories Higher
via: SeekingAlpha at 2019-04-08 23:06:38:000
Originally published April 8, 2019 It's the forward-looking indicators right now that look the worst. This is why we think Euro$ #4 is still closer to its beginning than its end. Even though it may be entering its fifth quarter of existence here in Q2 2019, these things are long processes … read more...
Copper Still Says A Trade Agreement Is On The Horizon
via: SeekingAlpha at 2019-04-07 02:30:00:000
Doctor copper has a long history as a bellwether commodity when it comes to the health and wellbeing of the global economy. We can debate the efficiency of the copper price as a leading indicator, but recently the red metal has been watching and reacting to the ongoing negotiations between the… read more...
Copper Still Says A Trade Agreement Is On The Horizon
via: SeekingAlpha at 2019-04-07 02:30:00:000
Doctor copper has a long history as a bellwether commodity when it comes to the health and wellbeing of the global economy. We can debate the efficiency of the copper price as a leading indicator, but recently the red metal has been watching and reacting to the ongoing negotiations between the… read more...
Services Sector Expands At A Moderate Pace In March
via: SeekingAlpha at 2019-04-05 00:29:48:000
By Robert Hughes The Institute for Supply Management's (ISM) nonmanufacturing index pulled back to 56.1 percent in March from 59.7 in February (see top chart). For this index, 50 is neutral, with readings above 50 suggesting expansion and readings below 50 suggesting contraction. Typically… read more...
Services Sector Expands At A Moderate Pace In March
via: SeekingAlpha at 2019-04-05 00:29:48:000
By Robert Hughes The Institute for Supply Management's (ISM) nonmanufacturing index pulled back to 56.1 percent in March from 59.7 in February (see top chart). For this index, 50 is neutral, with readings above 50 suggesting expansion and readings below 50 suggesting contraction. Typically… read more...
Dallas Fed Manufacturing Outlook: 'Texas Manufacturing Activity Continues To Grow'
via: SeekingAlpha at 2019-03-28 20:51:04:000
By Jill Mislinski On Monday morning, the Dallas Fed released its Texas Manufacturing Outlook Survey (TMOS) for March. The latest general business activity index came in at 8.3, down from 13.1 in February. All figures are seasonally adjusted. Here is an excerpt from the latest report… read more...
Dallas Fed Manufacturing Outlook: 'Texas Manufacturing Activity Continues To Grow'
via: SeekingAlpha at 2019-03-28 20:51:04:000
By Jill Mislinski On Monday morning, the Dallas Fed released its Texas Manufacturing Outlook Survey (TMOS) for March. The latest general business activity index came in at 8.3, down from 13.1 in February. All figures are seasonally adjusted. Here is an excerpt from the latest report… read more...
Dallas Fed Manufacturing Outlook: 'Texas Manufacturing Activity Continues To Grow'
via: SeekingAlpha at 2019-03-28 20:51:04:000
By Jill Mislinski On Monday morning, the Dallas Fed released its Texas Manufacturing Outlook Survey (TMOS) for March. The latest general business activity index came in at 8.3, down from 13.1 in February. All figures are seasonally adjusted. Here is an excerpt from the latest report… read more...
Dallas Fed Manufacturing Outlook: 'Texas Manufacturing Activity Continues To Grow'
via: SeekingAlpha at 2019-03-28 20:51:04:000
By Jill Mislinski On Monday morning, the Dallas Fed released its Texas Manufacturing Outlook Survey (TMOS) for March. The latest general business activity index came in at 8.3, down from 13.1 in February. All figures are seasonally adjusted. Here is an excerpt from the latest report… read more...
Dallas Fed Manufacturing Outlook: 'Texas Manufacturing Activity Continues To Grow'
via: SeekingAlpha at 2019-03-28 20:51:04:000
By Jill Mislinski On Monday morning, the Dallas Fed released its Texas Manufacturing Outlook Survey (TMOS) for March. The latest general business activity index came in at 8.3, down from 13.1 in February. All figures are seasonally adjusted. Here is an excerpt from the latest report… read more...
ECRI Weekly Leading Index Update: All Measures Up Again
via: SeekingAlpha at 2019-03-23 05:20:59:000
By Jill Mislinski This morning's release of the publicly available data from ECRI puts its Weekly Leading Index ((WLI)) at 145.6, up 0.3 from the previous week. Year-over-year the four-week moving average of the indicator is now at -3.22%, up from last week. The WLI Growth indicator is now… read more...
ECRI Weekly Leading Index Update: All Measures Up Again
via: SeekingAlpha at 2019-03-23 05:20:59:000
By Jill Mislinski This morning's release of the publicly available data from ECRI puts its Weekly Leading Index ((WLI)) at 145.6, up 0.3 from the previous week. Year-over-year the four-week moving average of the indicator is now at -3.22%, up from last week. The WLI Growth indicator is now… read more...
ECRI Weekly Leading Index Update: All Measures Up Again
via: SeekingAlpha at 2019-03-23 05:20:59:000
By Jill Mislinski This morning's release of the publicly available data from ECRI puts its Weekly Leading Index ((WLI)) at 145.6, up 0.3 from the previous week. Year-over-year the four-week moving average of the indicator is now at -3.22%, up from last week. The WLI Growth indicator is now… read more...
ECRI Weekly Leading Index Update: All Measures Up Again
via: SeekingAlpha at 2019-03-23 05:20:59:000
By Jill Mislinski This morning's release of the publicly available data from ECRI puts its Weekly Leading Index ((WLI)) at 145.6, up 0.3 from the previous week. Year-over-year the four-week moving average of the indicator is now at -3.22%, up from last week. The WLI Growth indicator is now… read more...
Philly Fed Manufacturing Index: Improved Growth In March
via: SeekingAlpha at 2019-03-21 22:25:55:000
By Jill Mislinski The Philly Fed's Manufacturing Business Outlook Survey is a monthly report for the Third Federal Reserve District, and covers eastern Pennsylvania, southern New Jersey, and Delaware. While it focuses exclusively on business in this district, this regional survey gives a… read more...
How The Widened Panama Canal Is Disrupting U.S. Domestic Transportation
via: SeekingAlpha at 2019-03-20 03:56:18:000
Introduction Every week I include the AARs rail carloads statistics as part of my Weekly High Frequency Indicators. Typically these have moved in tandem with trucking, but have the advantage that trucking statistics are only reported monthly and with a delay. Re… read more...
How The Widened Panama Canal Is Disrupting U.S. Domestic Transportation
via: SeekingAlpha at 2019-03-20 03:56:18:000
Introduction Every week I include the AARs rail carloads statistics as part of my Weekly High Frequency Indicators. Typically these have moved in tandem with trucking, but have the advantage that trucking statistics are only reported monthly and with a delay. Re… read more...
The Prospects For Copper And Base Metals Over The Coming Months
via: SeekingAlpha at 2019-03-14 03:00:00:000
Copper and base metals are building blocks for infrastructure around the world. As China is the world's most populous nation with the most significant economic growth over the past decades, the Asian country became the demand side of the equation when it comes to the prices of copper, aluminum… read more...
The Prospects For Copper And Base Metals Over The Coming Months
via: SeekingAlpha at 2019-03-14 03:00:00:000
Copper and base metals are building blocks for infrastructure around the world. As China is the world's most populous nation with the most significant economic growth over the past decades, the Asian country became the demand side of the equation when it comes to the prices of copper, aluminum… read more...
The Prospects For Copper And Base Metals Over The Coming Months
via: SeekingAlpha at 2019-03-14 03:00:00:000
Copper and base metals are building blocks for infrastructure around the world. As China is the world's most populous nation with the most significant economic growth over the past decades, the Asian country became the demand side of the equation when it comes to the prices of copper, aluminum… read more...
ECRI Weekly Leading Index Update: All Measures Up Again
via: SeekingAlpha at 2019-03-09 11:18:47:000
By Jill Mislinski This morning's release of the publicly available data from ECRI puts its Weekly Leading Index ((WLI)) at 145.1, up 0.2 from the previous week. Year over year, the four-week moving average of the indicator is now at -3.61%, up from last week. The WLI Growth indicator is no… read more...
ECRI Weekly Leading Index Update: All Measures Up Again
via: SeekingAlpha at 2019-03-09 11:18:47:000
By Jill Mislinski This morning's release of the publicly available data from ECRI puts its Weekly Leading Index ((WLI)) at 145.1, up 0.2 from the previous week. Year over year, the four-week moving average of the indicator is now at -3.61%, up from last week. The WLI Growth indicator is no… read more...
ECRI Weekly Leading Index Update: All Measures Up Again
via: SeekingAlpha at 2019-03-09 11:18:47:000
By Jill Mislinski This morning's release of the publicly available data from ECRI puts its Weekly Leading Index ((WLI)) at 145.1, up 0.2 from the previous week. Year over year, the four-week moving average of the indicator is now at -3.61%, up from last week. The WLI Growth indicator is no… read more...
ECRI Weekly Leading Index Update: All Measures Up Again
via: SeekingAlpha at 2019-03-09 11:18:47:000
By Jill Mislinski This morning's release of the publicly available data from ECRI puts its Weekly Leading Index ((WLI)) at 145.1, up 0.2 from the previous week. Year over year, the four-week moving average of the indicator is now at -3.61%, up from last week. The WLI Growth indicator is no… read more...
No Slowdown In Services Sector
via: SeekingAlpha at 2019-03-06 02:32:15:000
If this is a slowdown, we'll take it. While economic data clearly slowed in December and January due to a combination of equity market weakness, the government shutdown, and other factors, activity really appears to have bounced back in February. In the case of the ISM Non-Manufacturing repo… read more...
No Slowdown In Services Sector
via: SeekingAlpha at 2019-03-06 02:32:15:000
If this is a slowdown, we'll take it. While economic data clearly slowed in December and January due to a combination of equity market weakness, the government shutdown, and other factors, activity really appears to have bounced back in February. In the case of the ISM Non-Manufacturing repo… read more...
No Slowdown In Services Sector
via: SeekingAlpha at 2019-03-06 02:32:15:000
If this is a slowdown, we'll take it. While economic data clearly slowed in December and January due to a combination of equity market weakness, the government shutdown, and other factors, activity really appears to have bounced back in February. In the case of the ISM Non-Manufacturing repo… read more...
Lumber And Weyerhaeuser - Opportunities On Price Weakness
via: SeekingAlpha at 2019-03-05 01:00:00:000
The lumber futures market suffers from a lack of liquidity. The open interest and volume in the market make it almost impossible to trade. With under a total of 3000 contracts of open long and short positions as of the final day of February and an average of fewer than 1000 contracts changing … read more...
ISM Manufacturing Index: Down In February
via: SeekingAlpha at 2019-03-02 01:29:54:000
By Jill Mislinski On Friday, the Institute for Supply Management published its monthly Manufacturing Report for February. The latest headline Purchasing Managers' Index ((PMI)) was 54.2 percent, a decrease of 2.4 percent from 56.6 the previous month. The headline number was above the In… read more...
ISM Manufacturing Index: Down In February
via: SeekingAlpha at 2019-03-02 01:29:54:000
By Jill Mislinski On Friday, the Institute for Supply Management published its monthly Manufacturing Report for February. The latest headline Purchasing Managers' Index ((PMI)) was 54.2 percent, a decrease of 2.4 percent from 56.6 the previous month. The headline number was above the In… read more...
ISM Manufacturing Index: Down In February
via: SeekingAlpha at 2019-03-02 01:29:54:000
By Jill Mislinski On Friday, the Institute for Supply Management published its monthly Manufacturing Report for February. The latest headline Purchasing Managers' Index ((PMI)) was 54.2 percent, a decrease of 2.4 percent from 56.6 the previous month. The headline number was above the In… read more...
Richmond Fed Manufacturing: Strengthening Growth In February
via: SeekingAlpha at 2019-02-27 05:50:55:000
By Jill Mislinski On Tuesday, the Richmond Fed Manufacturing Composite Index increased to 16 for the month of February, up from last month's -2. Investing.com had forecast 8. Because of the highly volatile nature of this index, we include a 3-month moving average to facilitate the identifi… read more...
Richmond Fed Manufacturing: Strengthening Growth In February
via: SeekingAlpha at 2019-02-27 05:50:55:000
By Jill Mislinski On Tuesday, the Richmond Fed Manufacturing Composite Index increased to 16 for the month of February, up from last month's -2. Investing.com had forecast 8. Because of the highly volatile nature of this index, we include a 3-month moving average to facilitate the identifi… read more...
Richmond Fed Manufacturing: Strengthening Growth In February
via: SeekingAlpha at 2019-02-27 00:50:55:000
By Jill Mislinski On Tuesday, the Richmond Fed Manufacturing Composite Index increased to 16 for the month of February, up from last month's -2. Investing.com had forecast 8. Because of the highly volatile nature of this index, we include a 3-month moving average to facilitate the identifi… read more...
Even Biased Upward, Something's Up With U.S. Manufacturing
via: SeekingAlpha at 2019-02-23 08:16:44:000
In February 2015, IHS Markit thought that the US manufacturing sector might be slowing quite against every expectation. Its final PMI reading for the month of January was 53.9, down quite a bit from highs registered in the middle of 2014. Some of those fears seemed put to rest the following mo… read more...
Even Biased Upward, Something's Up With U.S. Manufacturing
via: SeekingAlpha at 2019-02-23 08:16:44:000
In February 2015, IHS Markit thought that the US manufacturing sector might be slowing quite against every expectation. Its final PMI reading for the month of January was 53.9, down quite a bit from highs registered in the middle of 2014. Some of those fears seemed put to rest the following mo… read more...
Even Biased Upward, Something's Up With U.S. Manufacturing
via: SeekingAlpha at 2019-02-23 08:16:44:000
In February 2015, IHS Markit thought that the US manufacturing sector might be slowing quite against every expectation. Its final PMI reading for the month of January was 53.9, down quite a bit from highs registered in the middle of 2014. Some of those fears seemed put to rest the following mo… read more...
Even Biased Upward, Something's Up With U.S. Manufacturing
via: SeekingAlpha at 2019-02-23 08:16:44:000
In February 2015, IHS Markit thought that the US manufacturing sector might be slowing quite against every expectation. Its final PMI reading for the month of January was 53.9, down quite a bit from highs registered in the middle of 2014. Some of those fears seemed put to rest the following mo… read more...
ECRI Weekly Leading Index Update: All Measures Up WoW
via: SeekingAlpha at 2019-02-23 03:21:29:000
By Jill Mislinski Friday's release of the publicly available data from ECRI puts its Weekly Leading Index ((WLI)) at 144.2, up 1.1 from the previous week. Year-over-year the four-week moving average of the indicator is now at -4.68%, up from last week. The WLI Growth indicator is now at -4… read more...
ECRI Weekly Leading Index Update: All Measures Up WoW
via: SeekingAlpha at 2019-02-23 03:21:29:000
By Jill Mislinski Friday's release of the publicly available data from ECRI puts its Weekly Leading Index ((WLI)) at 144.2, up 1.1 from the previous week. Year-over-year the four-week moving average of the indicator is now at -4.68%, up from last week. The WLI Growth indicator is now at -4… read more...
ECRI Weekly Leading Index Update: All Measures Up WoW
via: SeekingAlpha at 2019-02-23 03:21:29:000
By Jill Mislinski Friday's release of the publicly available data from ECRI puts its Weekly Leading Index ((WLI)) at 144.2, up 1.1 from the previous week. Year-over-year the four-week moving average of the indicator is now at -4.68%, up from last week. The WLI Growth indicator is now at -4… read more...
ECRI Weekly Leading Index Update: All Measures Up WoW
via: SeekingAlpha at 2019-02-23 03:21:29:000
By Jill Mislinski Friday's release of the publicly available data from ECRI puts its Weekly Leading Index ((WLI)) at 144.2, up 1.1 from the previous week. Year-over-year the four-week moving average of the indicator is now at -4.68%, up from last week. The WLI Growth indicator is now at -4… read more...
Philly Fed: Look At Your Own Risk
via: SeekingAlpha at 2019-02-21 10:14:58:000
Terrible. That's just about the only way you can describe Thursday's release of the Philly Fed Manufacturing report. For a city that booed Santa Claus, we can't imagine that people in the region are very happy with the latest report. While economists were expecting the headline print to come i… read more...
Philly Fed: Look At Your Own Risk
via: SeekingAlpha at 2019-02-21 10:14:58:000
Terrible. That's just about the only way you can describe Thursday's release of the Philly Fed Manufacturing report. For a city that booed Santa Claus, we can't imagine that people in the region are very happy with the latest report. While economists were expecting the headline print to come i… read more...
The Wood Market Gets Ready For Spring
via: SeekingAlpha at 2019-02-20 06:00:00:000
While the lumber market is one of the least liquid contracts that trade in the futures arena, it is a critical benchmark when it comes to judging economic expansion or contraction. Following the price of lumber futures enhances the overall picture of the US and global economy and the price pat… read more...
FPA Crescent Fund Fourth Quarter 2018 Commentary
via: SeekingAlpha at 2019-02-18 08:50:00:000
Editor's Note: The summary bullets for this article were chosen by Seeking Alpha Read more … read more...
FPA Crescent Fund Fourth Quarter 2018 Commentary
via: SeekingAlpha at 2019-02-18 08:50:00:000
Editor's Note: The summary bullets for this article were chosen by Seeking Alpha Read more … read more...
Industrial And Manufacturing Production Decline: Whence The Business Cycle?
via: SeekingAlpha at 2019-02-16 02:24:06:000
Editor's note : This article was originally published on February 15, 2019, by Menzie Chinn here . Interesting news even as we are flying partly blind (some government series are still lagging). Here're industrial and manufacturing indices, normalized to 2009M06=0 (recession trough… read more...
Industrial And Manufacturing Production Decline: Whence The Business Cycle?
via: SeekingAlpha at 2019-02-16 02:24:06:000
Editor's note : This article was originally published on February 15, 2019, by Menzie Chinn here . Interesting news even as we are flying partly blind (some government series are still lagging). Here're industrial and manufacturing indices, normalized to 2009M06=0 (recession trough… read more...
Industrials And Energy Lead U.S. Equity Rebound In 2019
via: SeekingAlpha at 2019-02-15 02:03:39:000
The year-to-date rally in the US stock market has lifted all the major equity sectors, based on a set of ETFs. Leading the field: shares in the industrials sector, which has a sizable performance edge over the rest of the market. The Industrial Select Sector SPDR ETF (XLI) has climbed a str… read more...
ECRI Weekly Leading Index Update: 'ECRI Indexes Lead Global PMI'
via: SeekingAlpha at 2019-02-09 02:36:34:000
By Jill Mislinski Friday's release of the publicly available data from ECRI puts its Weekly Leading Index ((WLI)) at 144.2, up 0.4 from the previous week. Year-over-year the four-week moving average of the indicator is now at -4.52%, down from last week. The WLI Growth indicator is now at … read more...
ECRI Weekly Leading Index Update: 'ECRI Indexes Lead Global PMI'
via: SeekingAlpha at 2019-02-09 02:36:34:000
By Jill Mislinski Friday's release of the publicly available data from ECRI puts its Weekly Leading Index ((WLI)) at 144.2, up 0.4 from the previous week. Year-over-year the four-week moving average of the indicator is now at -4.52%, down from last week. The WLI Growth indicator is now at … read more...
ECRI Weekly Leading Index Update: 'ECRI Indexes Lead Global PMI'
via: SeekingAlpha at 2019-02-09 02:36:34:000
By Jill Mislinski Friday's release of the publicly available data from ECRI puts its Weekly Leading Index ((WLI)) at 144.2, up 0.4 from the previous week. Year-over-year the four-week moving average of the indicator is now at -4.52%, down from last week. The WLI Growth indicator is now at … read more...
ECRI Weekly Leading Index Update: 'ECRI Indexes Lead Global PMI'
via: SeekingAlpha at 2019-02-09 02:36:34:000
By Jill Mislinski Friday's release of the publicly available data from ECRI puts its Weekly Leading Index ((WLI)) at 144.2, up 0.4 from the previous week. Year-over-year the four-week moving average of the indicator is now at -4.52%, down from last week. The WLI Growth indicator is now at … read more...
Purchasing Managers Suggest Solid Growth But Lingering Concerns In January
via: SeekingAlpha at 2019-02-06 01:40:38:000
By Robert Hughes Surveys of purchasing managers from the Institute for Supply Management suggest support for continued economic expansion but also highlight a range of concerns, from ongoing uncertainty over trade policy and tariffs to lingering effects from the government shutdown. On bal… read more...
Purchasing Managers Suggest Solid Growth But Lingering Concerns In January
via: SeekingAlpha at 2019-02-06 01:40:38:000
By Robert Hughes Surveys of purchasing managers from the Institute for Supply Management suggest support for continued economic expansion but also highlight a range of concerns, from ongoing uncertainty over trade policy and tariffs to lingering effects from the government shutdown. On bal… read more...
Purchasing Managers Suggest Solid Growth But Lingering Concerns In January
via: SeekingAlpha at 2019-02-06 01:40:38:000
By Robert Hughes Surveys of purchasing managers from the Institute for Supply Management suggest support for continued economic expansion but also highlight a range of concerns, from ongoing uncertainty over trade policy and tariffs to lingering effects from the government shutdown. On bal… read more...
U.S. Manufacturing Questions
via: SeekingAlpha at 2019-02-05 06:57:56:000
The US economic data begins to trickle in slowly. Today, the reopened Census Bureau reports on orders and shipments to and from US factories dating back to last November. New orders for durable goods rose just 4.5% year over year in that month, while shipments gained 4.7%. The 6-month average … read more...
ECRI Weekly Leading Index Update: YoY Down Again
via: SeekingAlpha at 2019-02-02 02:30:56:000
By Jill Mislinski Friday's (Feb. 1) release of the publicly available data from ECRI puts its Weekly Leading Index ((WLI)) at 144.0, down 1.8 from the previous week. Year-over-year, the four-week moving average of the indicator is now at -3.83%, down from last week and its lowest since Aug… read more...
ECRI Weekly Leading Index Update: YoY Down Again
via: SeekingAlpha at 2019-02-02 02:30:56:000
By Jill Mislinski Friday's (Feb. 1) release of the publicly available data from ECRI puts its Weekly Leading Index ((WLI)) at 144.0, down 1.8 from the previous week. Year-over-year, the four-week moving average of the indicator is now at -3.83%, down from last week and its lowest since Aug… read more...
ECRI Weekly Leading Index Update: YoY Down Again
via: SeekingAlpha at 2019-02-02 02:30:56:000
By Jill Mislinski Friday's (Feb. 1) release of the publicly available data from ECRI puts its Weekly Leading Index ((WLI)) at 144.0, down 1.8 from the previous week. Year-over-year, the four-week moving average of the indicator is now at -3.83%, down from last week and its lowest since Aug… read more...
ISM Manufacturing Rebounds
via: SeekingAlpha at 2019-02-02 01:34:32:000
After three declines in the last four months, the ISM Manufacturing Index for January showed a nice rebound rising from 54.3 up to 56.6 versus expectations for a decline to 54.0. Commentary in the report was also generally positive. While there was some caution with statements like "Unlike in … read more...
ISM Manufacturing Rebounds
via: SeekingAlpha at 2019-02-02 01:34:32:000
After three declines in the last four months, the ISM Manufacturing Index for January showed a nice rebound rising from 54.3 up to 56.6 versus expectations for a decline to 54.0. Commentary in the report was also generally positive. While there was some caution with statements like "Unlike in … read more...
ISM Manufacturing Rebounds
via: SeekingAlpha at 2019-02-02 01:34:32:000
After three declines in the last four months, the ISM Manufacturing Index for January showed a nice rebound rising from 54.3 up to 56.6 versus expectations for a decline to 54.0. Commentary in the report was also generally positive. While there was some caution with statements like "Unlike in … read more...
Pay Particular Attention To The Manufacturing Jobs And Workweek In The Nonfarm Payrolls Report
via: SeekingAlpha at 2019-01-30 21:20:12:000
Introduction In my last post, I addressed the issue of what to look out for as regards construction employment in the jobs report. In this post, I take a look at manufacturing. Historical relationships between manufacturing hours and employment The two sets of two graphs below compare ma… read more...
Pay Particular Attention To The Manufacturing Jobs And Workweek In The Nonfarm Payrolls Report
via: SeekingAlpha at 2019-01-30 21:20:12:000
Introduction In my last post, I addressed the issue of what to look out for as regards construction employment in the jobs report. In this post, I take a look at manufacturing. Historical relationships between manufacturing hours and employment The two sets of two graphs below compare ma… read more...
Weak January Regional Fed New Orders Reports Suggest Manufacturing Slowdown To Intensify
via: SeekingAlpha at 2019-01-30 01:07:01:000
Introduction I have been using an average of the five regional Fed new orders indexes to forecast the direction of the ISM manufacturing new orders index, and indirectly manufacturing production. The regional Fed new orders indexes, on average, have accurately forecast the direction of th… read more...
Lumber Makes A Move - Weyerhaeuser And WOOD Follow
via: SeekingAlpha at 2019-01-29 06:30:00:000
Commodities can be the most volatile asset class as price variance often causes values to double, triple, or half over short periods. Meanwhile, commodities tend to take the stairs to the upside and an elevator shaft when they turn lower. Liquidity in all markets is always a significant consid… read more...
ECRI Weekly Leading Index Update: YoY Down Again
via: SeekingAlpha at 2019-01-26 05:10:25:000
By Jill Mislinski This Friday morning's release of the publicly available data from ECRI puts its Weekly Leading Index ((WLI)) at 145.8, up 0.6 from the previous week. Year over year, the four-week moving average of the indicator is now at -3.52%, down from last week and its lowest since A… read more...
ECRI Weekly Leading Index Update: YoY Down Again
via: SeekingAlpha at 2019-01-26 05:10:25:000
By Jill Mislinski This Friday morning's release of the publicly available data from ECRI puts its Weekly Leading Index ((WLI)) at 145.8, up 0.6 from the previous week. Year over year, the four-week moving average of the indicator is now at -3.52%, down from last week and its lowest since A… read more...
ECRI Weekly Leading Index Update: YoY Down Again
via: SeekingAlpha at 2019-01-26 05:10:25:000
By Jill Mislinski This Friday morning's release of the publicly available data from ECRI puts its Weekly Leading Index ((WLI)) at 145.8, up 0.6 from the previous week. Year over year, the four-week moving average of the indicator is now at -3.52%, down from last week and its lowest since A… read more...
Richmond Fed Manufacturing: Soft Growth In January
via: SeekingAlpha at 2019-01-24 01:11:22:000
By Jill Mislinski Wednesday the Richmond Fed Manufacturing Composite Index increased to -2 for the month of January, up from last month's -8. Investing.com had forecast -6. Because of the highly volatile nature of this index, we include a 3-month moving average to facilitate the identifica… read more...
Richmond Fed Manufacturing: Soft Growth In January
via: SeekingAlpha at 2019-01-24 01:11:22:000
By Jill Mislinski Wednesday the Richmond Fed Manufacturing Composite Index increased to -2 for the month of January, up from last month's -8. Investing.com had forecast -6. Because of the highly volatile nature of this index, we include a 3-month moving average to facilitate the identifica… read more...
The Big 4 Economic Indicators: Industrial Production Up 0.3% In December, New High
via: SeekingAlpha at 2019-01-19 02:21:44:000
By Jill Mislinski Note: This commentary has been updated to incorporate the December data for Industrial Production. Official recession calls are the responsibility of the NBER Business Cycle Dating Committee, which is understandably vague about the specific indicators on which it base… read more...
The Big 4 Economic Indicators: Industrial Production Up 0.3% In December, New High
via: SeekingAlpha at 2019-01-19 02:21:44:000
By Jill Mislinski Note: This commentary has been updated to incorporate the December data for Industrial Production. Official recession calls are the responsibility of the NBER Business Cycle Dating Committee, which is understandably vague about the specific indicators on which it base… read more...
The Big 4 Economic Indicators: Industrial Production Up 0.3% In December, New High
via: SeekingAlpha at 2019-01-19 02:21:44:000
By Jill Mislinski Note: This commentary has been updated to incorporate the December data for Industrial Production. Official recession calls are the responsibility of the NBER Business Cycle Dating Committee, which is understandably vague about the specific indicators on which it base… read more...
The Big 4 Economic Indicators: Industrial Production Up 0.3% In December, New High
via: SeekingAlpha at 2019-01-19 02:21:44:000
By Jill Mislinski Note: This commentary has been updated to incorporate the December data for Industrial Production. Official recession calls are the responsibility of the NBER Business Cycle Dating Committee, which is understandably vague about the specific indicators on which it base… read more...
The Big 4 Economic Indicators: Industrial Production Up 0.3% In December, New High
via: SeekingAlpha at 2019-01-19 02:21:44:000
By Jill Mislinski Note: This commentary has been updated to incorporate the December data for Industrial Production. Official recession calls are the responsibility of the NBER Business Cycle Dating Committee, which is understandably vague about the specific indicators on which it base… read more...
Philly Fed Rebounds
via: SeekingAlpha at 2019-01-18 00:15:12:000
After two straight months of weaker-than-expected readings and three straight months of declines, the Philadelphia Fed Manufacturing Survey for January came in stronger than expected and increased on a month/month basis. While economists were collectively expecting the headline report to come … read more...
Empire State Manufacturing Survey: Slight Growth In January
via: SeekingAlpha at 2019-01-16 02:34:56:000
By Jill Mislinski On Tuesday morning, we got the latest Empire State Manufacturing Survey . The diffusion index for General Business Conditions at 3.9 was a decrease of 7.6 from the previous month's 11.5. The Investing.com forecast was for a reading of 10.75. The Empire State Manufact… read more...
Empire State Manufacturing Survey: Slight Growth In January
via: SeekingAlpha at 2019-01-16 02:34:56:000
By Jill Mislinski On Tuesday morning, we got the latest Empire State Manufacturing Survey . The diffusion index for General Business Conditions at 3.9 was a decrease of 7.6 from the previous month's 11.5. The Investing.com forecast was for a reading of 10.75. The Empire State Manufact… read more...
ECRI Weekly Leading Index Update: 'Colliding With The Economic Cycle - Again'
via: SeekingAlpha at 2019-01-12 03:41:57:000
By Jill Mislinski Friday's release of the publicly available data from ECRI puts its Weekly Leading Index ((WLI)) at 143.4, up 2.1 from the previous week. Year-over-year, the four-week moving average of the indicator is now at -2.86%, down from last week. The WLI Growth indicator is now at… read more...
ECRI Weekly Leading Index Update: 'Colliding With The Economic Cycle - Again'
via: SeekingAlpha at 2019-01-12 03:41:57:000
By Jill Mislinski Friday's release of the publicly available data from ECRI puts its Weekly Leading Index ((WLI)) at 143.4, up 2.1 from the previous week. Year-over-year, the four-week moving average of the indicator is now at -2.86%, down from last week. The WLI Growth indicator is now at… read more...
ECRI Weekly Leading Index Update: 'Colliding With The Economic Cycle - Again'
via: SeekingAlpha at 2019-01-12 03:41:57:000
By Jill Mislinski Friday's release of the publicly available data from ECRI puts its Weekly Leading Index ((WLI)) at 143.4, up 2.1 from the previous week. Year-over-year, the four-week moving average of the indicator is now at -2.86%, down from last week. The WLI Growth indicator is now at… read more...
ECRI Weekly Leading Index Update: 'Colliding With The Economic Cycle - Again'
via: SeekingAlpha at 2019-01-12 03:41:57:000
By Jill Mislinski Friday's release of the publicly available data from ECRI puts its Weekly Leading Index ((WLI)) at 143.4, up 2.1 from the previous week. Year-over-year, the four-week moving average of the indicator is now at -2.86%, down from last week. The WLI Growth indicator is now at… read more...
A New Low For Copper In The New Year - Time To Put SCCO On The Radar
via: SeekingAlpha at 2019-01-11 06:30:00:000
2017 ended on a bullish note in the copper market as the price traded to a new high during the final week of the year at $3.3220 per pound. While the higher high was a continuation of a pattern that was in place since the price of the red metal found a bottom in January 2016 at $1.9355, it tur… read more...
Lumber Sits Near Its Lows - A Case For WOOD
via: SeekingAlpha at 2019-01-09 06:30:00:000
The lumber futures market is highly illiquid. I would never recommend any long or short positions as the volume and open interest do not support a narrow bid-offer spread and the ability to move into and out of risk positions. While I have been trading commodities and futures since the early 1… read more...
Lumber Sits Near Its Lows - A Case For WOOD
via: SeekingAlpha at 2019-01-09 06:30:00:000
The lumber futures market is highly illiquid. I would never recommend any long or short positions as the volume and open interest do not support a narrow bid-offer spread and the ability to move into and out of risk positions. While I have been trading commodities and futures since the early 1… read more...
A Not So Bad Weaker Than Expected ISM Services Report
via: SeekingAlpha at 2019-01-08 03:58:55:000
It's hard to describe a weaker than expected economic indicator as being OK, but that was pretty much the case with the ISM Services report for the month of December. While economists were forecasting the headline reading to come in at 58.5, the actual reading came in at 57.6 versus a reading … read more...
Citi sees equities returning 14% in 2019
via: SeekingAlpha at 2019-01-04 13:48:56:000
Fears of a recession are overdone and corporate earnings growth should only see a slowdown this year, according to Citigroup, which is advising investors to buy the dip in equities. More news on: Commun Svc SS Shs, Vanguard Communication Services ETF, iShares Global Telecom ETF, News on … read more...
Citi sees equities returning 14% in 2019
via: SeekingAlpha at 2019-01-04 13:48:56:000
Fears of a recession are overdone and corporate earnings growth should only see a slowdown this year, according to Citigroup, which is advising investors to buy the dip in equities. More news on: Commun Svc SS Shs, Vanguard Communication Services ETF, iShares Global Telecom ETF, News on … read more...
Citi sees equities returning 14% in 2019
via: SeekingAlpha at 2019-01-04 13:48:56:000
Fears of a recession are overdone and corporate earnings growth should only see a slowdown this year, according to Citigroup, which is advising investors to buy the dip in equities. More news on: Commun Svc SS Shs, Vanguard Communication Services ETF, iShares Global Telecom ETF, News on … read more...
Citi sees equities returning 14% in 2019
via: SeekingAlpha at 2019-01-04 13:48:56:000
Fears of a recession are overdone and corporate earnings growth should only see a slowdown this year, according to Citigroup, which is advising investors to buy the dip in equities. More news on: Commun Svc SS Shs, Vanguard Communication Services ETF, iShares Global Telecom ETF, News on … read more...
ISM Manufacturing Index: Slower Expansion In December
via: SeekingAlpha at 2019-01-04 01:16:31:000
By Jill Mislinski On Thursday, the Institute for Supply Management published its monthly Manufacturing Report for December. The latest headline Purchasing Managers Index (PMI) was 54.1 percent, a decrease of 5.2 percent from 59.3 the previous month. Thursday's headline number was below t… read more...
ISM Manufacturing Index: Slower Expansion In December
via: SeekingAlpha at 2019-01-04 01:16:31:000
By Jill Mislinski On Thursday, the Institute for Supply Management published its monthly Manufacturing Report for December. The latest headline Purchasing Managers Index (PMI) was 54.1 percent, a decrease of 5.2 percent from 59.3 the previous month. Thursday's headline number was below t… read more...
ISM Manufacturing Index: Slower Expansion In December
via: SeekingAlpha at 2019-01-04 01:16:31:000
By Jill Mislinski On Thursday, the Institute for Supply Management published its monthly Manufacturing Report for December. The latest headline Purchasing Managers Index (PMI) was 54.1 percent, a decrease of 5.2 percent from 59.3 the previous month. Thursday's headline number was below t… read more...
ISM Manufacturing Index: Slower Expansion In December
via: SeekingAlpha at 2019-01-04 01:16:31:000
By Jill Mislinski On Thursday, the Institute for Supply Management published its monthly Manufacturing Report for December. The latest headline Purchasing Managers Index (PMI) was 54.1 percent, a decrease of 5.2 percent from 59.3 the previous month. Thursday's headline number was below t… read more...
November Regional Fed Manufacturing Overview
via: SeekingAlpha at 2019-01-01 04:22:33:000
By Jill Mislinski Five out of the twelve Federal Reserve Regional Districts currently publish monthly data on regional manufacturing: Dallas, Kansas City, New York, Richmond, and Philadelphia. Regional manufacturing surveys are a measure of local economic health and are used as a repre… read more...
November Regional Fed Manufacturing Overview
via: SeekingAlpha at 2019-01-01 04:22:33:000
By Jill Mislinski Five out of the twelve Federal Reserve Regional Districts currently publish monthly data on regional manufacturing: Dallas, Kansas City, New York, Richmond, and Philadelphia. Regional manufacturing surveys are a measure of local economic health and are used as a repre… read more...
November Regional Fed Manufacturing Overview
via: SeekingAlpha at 2019-01-01 04:22:33:000
By Jill Mislinski Five out of the twelve Federal Reserve Regional Districts currently publish monthly data on regional manufacturing: Dallas, Kansas City, New York, Richmond, and Philadelphia. Regional manufacturing surveys are a measure of local economic health and are used as a repre… read more...
December Dallas Fed Manufacturing Outlook At 2.5-Year Low
via: SeekingAlpha at 2019-01-01 04:17:03:000
By Jill Mislinski Monday morning, the Dallas Fed released its Texas Manufacturing Outlook Survey ((TMOS)) for December. The latest general business activity index came in at -5.1, down a whopping 22 points from 17.6 in November. All figures are seasonally adjusted. Here is an excerpt f… read more...
December Dallas Fed Manufacturing Outlook At 2.5-Year Low
via: SeekingAlpha at 2019-01-01 04:17:03:000
By Jill Mislinski Monday morning, the Dallas Fed released its Texas Manufacturing Outlook Survey ((TMOS)) for December. The latest general business activity index came in at -5.1, down a whopping 22 points from 17.6 in November. All figures are seasonally adjusted. Here is an excerpt f… read more...
December Dallas Fed Manufacturing Outlook At 2.5-Year Low
via: SeekingAlpha at 2019-01-01 04:17:03:000
By Jill Mislinski Monday morning, the Dallas Fed released its Texas Manufacturing Outlook Survey ((TMOS)) for December. The latest general business activity index came in at -5.1, down a whopping 22 points from 17.6 in November. All figures are seasonally adjusted. Here is an excerpt f… read more...
Richmond Fed Manufacturing: Weakened Growth In December
via: SeekingAlpha at 2018-12-28 01:29:20:000
By Jill Mislinski On Thursday, the Richmond Fed Manufacturing Composite Index decreased to -8 for the month of December, down from last month's 14. Investing.com had forecast 16. Because of the highly volatile nature of this index, we include a 3-month moving average to facilitate the iden… read more...
Richmond Fed Manufacturing: Weakened Growth In December
via: SeekingAlpha at 2018-12-28 01:29:20:000
By Jill Mislinski On Thursday, the Richmond Fed Manufacturing Composite Index decreased to -8 for the month of December, down from last month's 14. Investing.com had forecast 16. Because of the highly volatile nature of this index, we include a 3-month moving average to facilitate the iden… read more...
Richmond Fed Manufacturing: Weakened Growth In December
via: SeekingAlpha at 2018-12-28 01:29:20:000
By Jill Mislinski On Thursday, the Richmond Fed Manufacturing Composite Index decreased to -8 for the month of December, down from last month's 14. Investing.com had forecast 16. Because of the highly volatile nature of this index, we include a 3-month moving average to facilitate the iden… read more...
Richmond Fed Manufacturing: Weakened Growth In December
via: SeekingAlpha at 2018-12-28 01:29:20:000
By Jill Mislinski On Thursday, the Richmond Fed Manufacturing Composite Index decreased to -8 for the month of December, down from last month's 14. Investing.com had forecast 16. Because of the highly volatile nature of this index, we include a 3-month moving average to facilitate the iden… read more...
Philly Fed Manufacturing Index: Growth Remains Muted
via: SeekingAlpha at 2018-12-21 04:31:30:000
By Jill Mislinski The Philly Fed's Manufacturing Business Outlook Survey is a monthly report for the Third Federal Reserve District, covers eastern Pennsylvania, southern New Jersey, and Delaware. While it focuses exclusively on business in this district, this regional survey gives a gen… read more...
Philly Fed Manufacturing Index: Growth Remains Muted
via: SeekingAlpha at 2018-12-21 04:31:30:000
By Jill Mislinski The Philly Fed's Manufacturing Business Outlook Survey is a monthly report for the Third Federal Reserve District, covers eastern Pennsylvania, southern New Jersey, and Delaware. While it focuses exclusively on business in this district, this regional survey gives a gen… read more...
Philly Fed Manufacturing Index: Growth Remains Muted
via: SeekingAlpha at 2018-12-21 04:31:30:000
By Jill Mislinski The Philly Fed's Manufacturing Business Outlook Survey is a monthly report for the Third Federal Reserve District, covers eastern Pennsylvania, southern New Jersey, and Delaware. While it focuses exclusively on business in this district, this regional survey gives a gen… read more...
Philly Fed Manufacturing Index: Growth Remains Muted
via: SeekingAlpha at 2018-12-21 04:31:30:000
By Jill Mislinski The Philly Fed's Manufacturing Business Outlook Survey is a monthly report for the Third Federal Reserve District, covers eastern Pennsylvania, southern New Jersey, and Delaware. While it focuses exclusively on business in this district, this regional survey gives a gen… read more...
Philly Fed Manufacturing Index: Growth Remains Muted
via: SeekingAlpha at 2018-12-21 04:31:30:000
By Jill Mislinski The Philly Fed's Manufacturing Business Outlook Survey is a monthly report for the Third Federal Reserve District, covers eastern Pennsylvania, southern New Jersey, and Delaware. While it focuses exclusively on business in this district, this regional survey gives a gen… read more...
Industrial Fading
via: SeekingAlpha at 2018-12-18 05:23:09:000
It is time to start paying attention to PMIs again, some of them. There are those like the ISM's Manufacturing Index which remains off in a world of its own. The version of the goods economy suggested by this one index is very different than almost every other. It skyrocketed in late summer la… read more...
Industrial Fading
via: SeekingAlpha at 2018-12-18 05:23:09:000
It is time to start paying attention to PMIs again, some of them. There are those like the ISM's Manufacturing Index which remains off in a world of its own. The version of the goods economy suggested by this one index is very different than almost every other. It skyrocketed in late summer la… read more...
Industrial Fading
via: SeekingAlpha at 2018-12-18 05:23:09:000
It is time to start paying attention to PMIs again, some of them. There are those like the ISM's Manufacturing Index which remains off in a world of its own. The version of the goods economy suggested by this one index is very different than almost every other. It skyrocketed in late summer la… read more...
Empire State Manufacturing Survey: Slower Growth In December
via: SeekingAlpha at 2018-12-18 03:17:54:000
By Jill Mislinski Monday morning we got the latest Empire State Manufacturing Survey . The diffusion index for General Business Conditions at 10.9 was a decrease of 12.4 from the previous month's 23.3. The Investing.com forecast was for a reading of 20.1. The Empire State Manufacturin… read more...
Empire State Manufacturing Survey: Slower Growth In December
via: SeekingAlpha at 2018-12-18 03:17:54:000
By Jill Mislinski Monday morning we got the latest Empire State Manufacturing Survey . The diffusion index for General Business Conditions at 10.9 was a decrease of 12.4 from the previous month's 23.3. The Investing.com forecast was for a reading of 20.1. The Empire State Manufacturin… read more...
Empire State Manufacturing Survey: Slower Growth In December
via: SeekingAlpha at 2018-12-18 03:17:54:000
By Jill Mislinski Monday morning we got the latest Empire State Manufacturing Survey . The diffusion index for General Business Conditions at 10.9 was a decrease of 12.4 from the previous month's 23.3. The Investing.com forecast was for a reading of 20.1. The Empire State Manufacturin… read more...
First Trust Advisors L.P. Announces Distributions for Exchange-Traded Funds
via: Business Wire at 2018-12-17 17:33:00:000
First Trust Advisors L.P. ("FTA") announces the declaration of distributions for 128 exchange-traded funds (each a Fund, collectively, the Funds) advised by FTA. The following dates apply to today's distribution declarations: FTA is a federally registe… read more...
Is Cold Weather Masking Weak Manufacturing Activity?
via: SeekingAlpha at 2018-12-17 02:19:54:000
Source: Financial Times U.S. industrial production for the month of November rose 0.6 percent versus October: Industrial production a gauge of output at factories, mines and utilities rose 0.6 percent in November the biggest increase since August, accord… read more...
ISM Nonmanufacturing Index Rises In November; Initial Claims Trending Higher
via: SeekingAlpha at 2018-12-07 03:07:37:000
By Robert Hughes Following Monday's report from the Institute for Supply Management suggesting that the manufacturing sector expanded at a faster pace in November, Thursday's report from the ISM suggests a similar pickup for the nonmanufacturing sector. The ISM's nonmanufacturing index r… read more...
ISM Nonmanufacturing Index Rises In November; Initial Claims Trending Higher
via: SeekingAlpha at 2018-12-07 03:07:37:000
By Robert Hughes Following Monday's report from the Institute for Supply Management suggesting that the manufacturing sector expanded at a faster pace in November, Thursday's report from the ISM suggests a similar pickup for the nonmanufacturing sector. The ISM's nonmanufacturing index r… read more...
ISM Nonmanufacturing Index Rises In November; Initial Claims Trending Higher
via: SeekingAlpha at 2018-12-07 03:07:37:000
By Robert Hughes Following Monday's report from the Institute for Supply Management suggesting that the manufacturing sector expanded at a faster pace in November, Thursday's report from the ISM suggests a similar pickup for the nonmanufacturing sector. The ISM's nonmanufacturing index r… read more...
ISM Nonmanufacturing Index Rises In November; Initial Claims Trending Higher
via: SeekingAlpha at 2018-12-07 03:07:37:000
By Robert Hughes Following Monday's report from the Institute for Supply Management suggesting that the manufacturing sector expanded at a faster pace in November, Thursday's report from the ISM suggests a similar pickup for the nonmanufacturing sector. The ISM's nonmanufacturing index r… read more...
ISM Nonmanufacturing Index Rises In November; Initial Claims Trending Higher
via: SeekingAlpha at 2018-12-07 03:07:37:000
By Robert Hughes Following Monday's report from the Institute for Supply Management suggesting that the manufacturing sector expanded at a faster pace in November, Thursday's report from the ISM suggests a similar pickup for the nonmanufacturing sector. The ISM's nonmanufacturing index r… read more...
ISM Non-Manufacturing: Continued Growth In November
via: SeekingAlpha at 2018-12-07 00:40:58:000
By Jill Mislinski The Institute of Supply Management (ISM) has now released the November Non-Manufacturing Purchasing Managers' Index ((PMI)), also known as the ISM Services PMI. The headline Composite Index is at 60.7 percent, up 0.4 from 60.3 last month. Today's number came in above the … read more...
ISM Non-Manufacturing: Continued Growth In November
via: SeekingAlpha at 2018-12-07 00:40:58:000
By Jill Mislinski The Institute of Supply Management (ISM) has now released the November Non-Manufacturing Purchasing Managers' Index ((PMI)), also known as the ISM Services PMI. The headline Composite Index is at 60.7 percent, up 0.4 from 60.3 last month. Today's number came in above the … read more...
ISM Non-Manufacturing: Continued Growth In November
via: SeekingAlpha at 2018-12-07 00:40:58:000
By Jill Mislinski The Institute of Supply Management (ISM) has now released the November Non-Manufacturing Purchasing Managers' Index ((PMI)), also known as the ISM Services PMI. The headline Composite Index is at 60.7 percent, up 0.4 from 60.3 last month. Today's number came in above the … read more...
ISM Non-Manufacturing: Continued Growth In November
via: SeekingAlpha at 2018-12-07 00:40:58:000
By Jill Mislinski The Institute of Supply Management (ISM) has now released the November Non-Manufacturing Purchasing Managers' Index ((PMI)), also known as the ISM Services PMI. The headline Composite Index is at 60.7 percent, up 0.4 from 60.3 last month. Today's number came in above the … read more...
ISM Non-Manufacturing: Continued Growth In November
via: SeekingAlpha at 2018-12-07 00:40:58:000
By Jill Mislinski The Institute of Supply Management (ISM) has now released the November Non-Manufacturing Purchasing Managers' Index ((PMI)), also known as the ISM Services PMI. The headline Composite Index is at 60.7 percent, up 0.4 from 60.3 last month. Today's number came in above the … read more...
Services Sector Continues To Hum Along
via: SeekingAlpha at 2018-12-07 00:15:46:000
The ISM Non-Manufacturing report for the month of November showed that the services sector of the economy (the lion's share) continues to hum along. While economists were expecting the headline index to come in at a level of 59.0, the actual reading stayed above 60, hitting a level of 60.7. Wh… read more...
Services Sector Continues To Hum Along
via: SeekingAlpha at 2018-12-07 00:15:46:000
The ISM Non-Manufacturing report for the month of November showed that the services sector of the economy (the lion's share) continues to hum along. While economists were expecting the headline index to come in at a level of 59.0, the actual reading stayed above 60, hitting a level of 60.7. Wh… read more...
Services Sector Continues To Hum Along
via: SeekingAlpha at 2018-12-07 00:15:46:000
The ISM Non-Manufacturing report for the month of November showed that the services sector of the economy (the lion's share) continues to hum along. While economists were expecting the headline index to come in at a level of 59.0, the actual reading stayed above 60, hitting a level of 60.7. Wh… read more...
Services Sector Continues To Hum Along
via: SeekingAlpha at 2018-12-07 00:15:46:000
The ISM Non-Manufacturing report for the month of November showed that the services sector of the economy (the lion's share) continues to hum along. While economists were expecting the headline index to come in at a level of 59.0, the actual reading stayed above 60, hitting a level of 60.7. Wh… read more...
Services Sector Continues To Hum Along
via: SeekingAlpha at 2018-12-07 00:15:46:000
The ISM Non-Manufacturing report for the month of November showed that the services sector of the economy (the lion's share) continues to hum along. While economists were expecting the headline index to come in at a level of 59.0, the actual reading stayed above 60, hitting a level of 60.7. Wh… read more...
ISM Manufacturing Rebounds
via: SeekingAlpha at 2018-12-04 07:58:07:000
Today's release of the ISM Manufacturing report for November broke a string of back to back declines in the index and easily surpassed expectations. While economists were forecasting the headline index to come in at a level of 57.5, the actual reading came in at 59.3. Breadth in this month's… read more...
ISM Manufacturing Rebounds
via: SeekingAlpha at 2018-12-04 07:58:07:000
Today's release of the ISM Manufacturing report for November broke a string of back to back declines in the index and easily surpassed expectations. While economists were forecasting the headline index to come in at a level of 57.5, the actual reading came in at 59.3. Breadth in this month's… read more...
ISM Manufacturing Rebounds
via: SeekingAlpha at 2018-12-04 07:58:07:000
Today's release of the ISM Manufacturing report for November broke a string of back to back declines in the index and easily surpassed expectations. While economists were forecasting the headline index to come in at a level of 57.5, the actual reading came in at 59.3. Breadth in this month's… read more...
ISM Manufacturing PMI Rose In November With Most Components Suggesting Faster Expansion
via: SeekingAlpha at 2018-12-04 01:33:31:000
By Robert Hughes The Manufacturing Purchasing Managers Index from the Institute for Supply Management registered a 59.3 percent reading in November, up from 57.7 in October (see top chart). The index has been bouncing around in the 5761 range since August 2017, an unusually long … read more...
ISM Manufacturing PMI Rose In November With Most Components Suggesting Faster Expansion
via: SeekingAlpha at 2018-12-04 01:33:31:000
By Robert Hughes The Manufacturing Purchasing Managers Index from the Institute for Supply Management registered a 59.3 percent reading in November, up from 57.7 in October (see top chart). The index has been bouncing around in the 5761 range since August 2017, an unusually long … read more...
ISM Manufacturing PMI Rose In November With Most Components Suggesting Faster Expansion
via: SeekingAlpha at 2018-12-04 01:33:31:000
By Robert Hughes The Manufacturing Purchasing Managers Index from the Institute for Supply Management registered a 59.3 percent reading in November, up from 57.7 in October (see top chart). The index has been bouncing around in the 5761 range since August 2017, an unusually long … read more...
ISM Manufacturing Index: Continued Expansion In November
via: SeekingAlpha at 2018-12-03 12:50:34:000
By Jill Mislinski Today the Institute for Supply Management published its monthly Manufacturing Report for November. The latest headline Purchasing Managers' Index (PMI) was 59.3 percent, an increase of 1.6 percent from 57.7 the previous month. Today's headline number was below the Inves… read more...
Richmond Fed Manufacturing: Moderate Growth In November
via: SeekingAlpha at 2018-11-29 06:21:17:000
By Jill Mislinski On Wednesday, the Richmond Fed Manufacturing Composite Index decreased to 14 for the month of November, down from last month's 15. Investing.com had forecast 16. Because of the highly volatile nature of this index, we include a 3-month moving average to facilitate the ide… read more...
Richmond Fed Manufacturing: Moderate Growth In November
via: SeekingAlpha at 2018-11-29 06:21:17:000
By Jill Mislinski On Wednesday, the Richmond Fed Manufacturing Composite Index decreased to 14 for the month of November, down from last month's 15. Investing.com had forecast 16. Because of the highly volatile nature of this index, we include a 3-month moving average to facilitate the ide… read more...
Richmond Fed Manufacturing: Moderate Growth In November
via: SeekingAlpha at 2018-11-29 06:21:17:000
By Jill Mislinski On Wednesday, the Richmond Fed Manufacturing Composite Index decreased to 14 for the month of November, down from last month's 15. Investing.com had forecast 16. Because of the highly volatile nature of this index, we include a 3-month moving average to facilitate the ide… read more...
November Dallas Fed Manufacturing Outlook: 'Expansion Continues To Moderate'
via: SeekingAlpha at 2018-11-27 16:23:08:000
By Jill Mislinski This morning, the Dallas Fed released its Texas Manufacturing Outlook Survey (TMOS) for November. The latest general business activity index came in at 17.6, down from 29.4 in October. All figures are seasonally adjusted. Here is an excerpt from the latest report : … read more...
November Dallas Fed Manufacturing Outlook: 'Expansion Continues To Moderate'
via: SeekingAlpha at 2018-11-27 16:23:08:000
By Jill Mislinski This morning, the Dallas Fed released its Texas Manufacturing Outlook Survey (TMOS) for November. The latest general business activity index came in at 17.6, down from 29.4 in October. All figures are seasonally adjusted. Here is an excerpt from the latest report : … read more...
BAML's early 2019 outlook
via: SeekingAlpha at 2018-11-23 08:35:24:000
In an earlier preview of 2019 strategy, Bank of America Merrill Lynch says the firm is Overweight the healthcare, technology, financial, industrials and utilities (from Underweight) sectors. More news on: SPDR S&P 500 Trust ETF, SPDR Dow Jones Industrial Average ETF, Vanguard S&P 5… read more...
BAML's early 2019 outlook
via: SeekingAlpha at 2018-11-23 08:35:24:000
In an earlier preview of 2019 strategy, Bank of America Merrill Lynch says the firm is Overweight the healthcare, technology, financial, industrials and utilities (from Underweight) sectors. More news on: SPDR S&P 500 Trust ETF, SPDR Dow Jones Industrial Average ETF, Vanguard S&P 5… read more...
BAML's early 2019 outlook
via: SeekingAlpha at 2018-11-23 08:35:24:000
In an earlier preview of 2019 strategy, Bank of America Merrill Lynch says the firm is Overweight the healthcare, technology, financial, industrials and utilities (from Underweight) sectors. More news on: SPDR S&P 500 Trust ETF, SPDR Dow Jones Industrial Average ETF, Vanguard S&P 5… read more...
BAML's early 2019 outlook
via: SeekingAlpha at 2018-11-23 08:35:24:000
In an earlier preview of 2019 strategy, Bank of America Merrill Lynch says the firm is Overweight the healthcare, technology, financial, industrials and utilities (from Underweight) sectors. More news on: SPDR S&P 500 Trust ETF, SPDR Dow Jones Industrial Average ETF, Vanguard S&P 5… read more...
Slowing Industrial Production Could Hurt Financial Markets
via: SeekingAlpha at 2018-11-23 03:34:31:000
Source: Arizona Daily Star U.S. industrial production for the month of October 2018 rose 0.1 percent versus September: Mining and utilities dragged on the US industrial sector, prompting it to expand at a slower than expected pace in October even as manufacturing chugged along. Indust… read more...
Slowing Industrial Production Could Hurt Financial Markets
via: SeekingAlpha at 2018-11-23 03:34:31:000
Source: Arizona Daily Star U.S. industrial production for the month of October 2018 rose 0.1 percent versus September: Mining and utilities dragged on the US industrial sector, prompting it to expand at a slower than expected pace in October even as manufacturing chugged along. Indust… read more...
Slowing Industrial Production Could Hurt Financial Markets
via: SeekingAlpha at 2018-11-23 03:34:31:000
Source: Arizona Daily Star U.S. industrial production for the month of October 2018 rose 0.1 percent versus September: Mining and utilities dragged on the US industrial sector, prompting it to expand at a slower than expected pace in October even as manufacturing chugged along. Indust… read more...
Slowing Industrial Production Could Hurt Financial Markets
via: SeekingAlpha at 2018-11-23 03:34:31:000
Source: Arizona Daily Star U.S. industrial production for the month of October 2018 rose 0.1 percent versus September: Mining and utilities dragged on the US industrial sector, prompting it to expand at a slower than expected pace in October even as manufacturing chugged along. Indust… read more...
Turning Points For The Week Of November 12-16
via: SeekingAlpha at 2018-11-19 05:46:38:000
The purpose of the Turning Points newsletter is to look at the long-leading, leading, and coincidental indicators to see if the economic trajectory has changed from expansion to contraction - to see if it's reached a turning point. There were two key pieces of coincidental data release… read more...
Turning Points For The Week Of November 12-16
via: SeekingAlpha at 2018-11-19 05:46:38:000
The purpose of the Turning Points newsletter is to look at the long-leading, leading, and coincidental indicators to see if the economic trajectory has changed from expansion to contraction - to see if it's reached a turning point. There were two key pieces of coincidental data release… read more...
Turning Points For The Week Of November 12-16
via: SeekingAlpha at 2018-11-19 05:46:38:000
The purpose of the Turning Points newsletter is to look at the long-leading, leading, and coincidental indicators to see if the economic trajectory has changed from expansion to contraction - to see if it's reached a turning point. There were two key pieces of coincidental data release… read more...
Autonomous Electric Taxi Fleets Could Spark Electricity Demand
via: SeekingAlpha at 2018-11-18 11:24:25:000
By Sam Korus, Analyst, Industrial Innovation Autonomous electric taxis are commercializing faster than most analysts anticipated. Alphabet's (GOOG) (GOOGL) Waymo announced plans to launch its autonomous electric taxi fleets this year, and GM's (GM) Cruise Automation is set to launch in… read more...
Manufacturing Output Rose 0.3 Percent In October
via: SeekingAlpha at 2018-11-17 13:48:27:000
By Robert Hughes Industrial production increased 0.1 percent in October, following a 0.2 percent gain in September. Over the past year, industrial production is up 4.1 percent. Despite the increase, capacity utilization fell 0.1 percentage points to 78.4 percent as capacity posted a 0.2 pe… read more...
Kansas City Fed Survey: Activity Edged Higher In November
via: SeekingAlpha at 2018-11-17 04:35:47:000
By Jill Mislinski The Kansas City Fed Manufacturing Survey business conditions indicator measures activity in the following states: Colorado, Kansas, Nebraska, Oklahoma, Wyoming, western Missouri, and northern New Mexico. Quarterly data for this indicator dates back to 1995, but monthly … read more...
In A Booming Economy, You Borrow And Build
via: SeekingAlpha at 2018-11-16 04:18:18:000
We often forget the middle 2000s was not uniquely a housing bubble. It commanded our attention because that's what ended up affecting so many Americans personally; whether foreclosures or just the negative "wealth effect" of declining real estate values. This was also pretty easy to understand… read more...
Philly Fed Manufacturing Index: Growth Slowed In November
via: SeekingAlpha at 2018-11-16 02:17:39:000
By Jill Mislinski The Philly Fed's Manufacturing Business Outlook Survey is a monthly report for the Third Federal Reserve District, covers eastern Pennsylvania, southern New Jersey, and Delaware. While it focuses exclusively on business in this district, this regional survey gives a gen… read more...
Empire State Manufacturing Survey: Continued Growth In November
via: SeekingAlpha at 2018-11-16 02:11:00:000
By Jill Mislinski On Thursday morning, we got the latest Empire State Manufacturing Survey . The diffusion index for General Business Conditions at 23.3 was an increase of 2.2 from the previous month's 21.1. The Investing.com forecast was for a reading of 19.3. The Empire State Manufa… read more...
The Philly Fed ADS Business Conditions Index Update
via: SeekingAlpha at 2018-11-08 23:55:15:000
By Jill Mislinski Note: We've updated our periodic look at the Philly Fed ADS Index Thursday's release, which includes unemployment claims through November 3. The Philly Fed's Aruoba-Diebold-Scotti Business Conditions Index (hereafter the ADS index) is a fascinating but relativel… read more...
The Philly Fed ADS Business Conditions Index Update
via: SeekingAlpha at 2018-11-08 23:55:15:000
By Jill Mislinski Note: We've updated our periodic look at the Philly Fed ADS Index Thursday's release, which includes unemployment claims through November 3. The Philly Fed's Aruoba-Diebold-Scotti Business Conditions Index (hereafter the ADS index) is a fascinating but relativel… read more...
The Philly Fed ADS Business Conditions Index Update
via: SeekingAlpha at 2018-11-08 23:55:15:000
By Jill Mislinski Note: We've updated our periodic look at the Philly Fed ADS Index Thursday's release, which includes unemployment claims through November 3. The Philly Fed's Aruoba-Diebold-Scotti Business Conditions Index (hereafter the ADS index) is a fascinating but relativel… read more...
The Philly Fed ADS Business Conditions Index Update
via: SeekingAlpha at 2018-11-08 23:55:15:000
By Jill Mislinski Note: We've updated our periodic look at the Philly Fed ADS Index Thursday's release, which includes unemployment claims through November 3. The Philly Fed's Aruoba-Diebold-Scotti Business Conditions Index (hereafter the ADS index) is a fascinating but relativel… read more...
The Philly Fed ADS Business Conditions Index Update
via: SeekingAlpha at 2018-11-08 23:55:15:000
By Jill Mislinski Note: We've updated our periodic look at the Philly Fed ADS Index Thursday's release, which includes unemployment claims through November 3. The Philly Fed's Aruoba-Diebold-Scotti Business Conditions Index (hereafter the ADS index) is a fascinating but relativel… read more...
The Day After Post Midterm Elections
via: SeekingAlpha at 2018-11-07 13:29:36:000
Equities Okay, folks, the results are in. Stock markets ( SPY , DIA , QQQ , IWM ) tend to go up from here quite a lot… Homebuilders I read a bullish note on homebuilders ( PKB , XHB , ITB , AIRR ) this morning, a sector that I'm not building on (pun intended) myself, to say t... read more...
The Day After Post Midterm Elections
via: SeekingAlpha at 2018-11-07 13:29:36:000
Equities Okay, folks, the results are in. Stock markets ( SPY , DIA , QQQ , IWM ) tend to go up from here quite a lot… Homebuilders I read a bullish note on homebuilders ( PKB , XHB , ITB , AIRR ) this morning, a sector that I'm not building on (pun intended) myself, to say t... read more...
ISM Non-Manufacturing: Slower Growth In October
via: SeekingAlpha at 2018-11-06 05:13:35:000
By Jill Mislinski The Institute of Supply Management ((ISM)) has now released the October Non-Manufacturing Purchasing Managers' Index ((PMI)), also known as the ISM Services PMI. The headline Composite Index is at 60.3 percent, down 1.3 from 61.6 last month. Today's number came in above t… read more...
Services Sector Remains Strong
via: SeekingAlpha at 2018-11-06 00:46:24:000
The ISM Services report for the month of October declined less than expected, falling from 61.6 down to 60.3 compared to expectations for a reading of 59.0. Even though the pace of growth declined, though, it was the first time in the history of the report dating back to 1997 that the headline… read more...
In A Bubble Economy, Capital Goods Aren't Always A Good Thing
via: SeekingAlpha at 2018-11-03 03:34:59:000
By Frank Shostak The annual rate for US non-military capital goods orders excluding aircraft fell to 1.9% in September from 7.8% in August to stand at $69.6 billion. Observe that after closing at $60.2 billion in December 2015, capital goods orders have been trending up. Most commentat… read more...
In A Bubble Economy, Capital Goods Aren't Always A Good Thing
via: SeekingAlpha at 2018-11-03 03:34:59:000
By Frank Shostak The annual rate for US non-military capital goods orders excluding aircraft fell to 1.9% in September from 7.8% in August to stand at $69.6 billion. Observe that after closing at $60.2 billion in December 2015, capital goods orders have been trending up. Most commentat… read more...
In A Bubble Economy, Capital Goods Aren't Always A Good Thing
via: SeekingAlpha at 2018-11-03 03:34:59:000
By Frank Shostak The annual rate for US non-military capital goods orders excluding aircraft fell to 1.9% in September from 7.8% in August to stand at $69.6 billion. Observe that after closing at $60.2 billion in December 2015, capital goods orders have been trending up. Most commentat… read more...
ISM Manufacturing PMI Fell In October But Suggests Continued Expansion
via: SeekingAlpha at 2018-11-02 01:53:46:000
By Robert Hughes The Manufacturing Purchasing Managers' Index from the Institute for Supply Management registered a 57.7 percent reading in October, down from 59.8 in September. Despite the pullback, the index remains well above neutral, a positive sign for the manufacturing sector. Octobe… read more...
U.S.: Signs Of Cracks?
via: SeekingAlpha at 2018-11-02 00:31:28:000
By James Knightley, Chief International Economist The US ISM manufacturing survey continues to suggest the economy is performing well, but there is perhaps a bit more evidence the US is starting to feel the negative effects of trade uncertainty, higher interest rates and the stronger d… read more...
ISM Manufacturing Index: Expansion In October
via: SeekingAlpha at 2018-11-01 23:59:12:000
By Jill Mislinski Today the Institute for Supply Management published its monthly Manufacturing Report for October. The latest headline Purchasing Managers Index ((PMI)) was 57.7 percent, a decrease of 2.1 percent from 59.8 the previous month. Today's headline number was below the In… read more...
Markit Manufacturing PMI: Strong Improvement In October
via: SeekingAlpha at 2018-11-01 23:53:06:000
By Jill Mislinski The October US Manufacturing Purchasing Managers' Index conducted by Markit came in at 55.7, up 0.1 from the 55.6 final September figure. Markit's Manufacturing PMI is a diffusion index: A reading above 50 indicates expansion in the sector; below 50 indicates contractio… read more...
As Expected, Manufacturing Activity Slows
via: SeekingAlpha at 2018-11-01 23:43:39:000
It was pretty widely expected that the ISM Manufacturing report for the month of October was going to show a slower rate of growth, and that's exactly what we saw. While economists were forecasting the headline index to drop to 59.0 from last month's reading of 59.8, the actual reading was muc… read more...
Dallas Fed Manufacturing Outlook: Slowed Expansion In October
via: SeekingAlpha at 2018-10-30 00:55:29:000
By Jill Mislinski On Monday morning, the Dallas Fed released its Texas Manufacturing Outlook Survey (TMOS) for October. The latest general business activity index came in at 29.4, up from 28.1 in September. All figures are seasonally adjusted. Here is an excerpt from the latest report… read more...
Dallas Fed Manufacturing Outlook: Slowed Expansion In October
via: SeekingAlpha at 2018-10-30 00:55:29:000
By Jill Mislinski On Monday morning, the Dallas Fed released its Texas Manufacturing Outlook Survey (TMOS) for October. The latest general business activity index came in at 29.4, up from 28.1 in September. All figures are seasonally adjusted. Here is an excerpt from the latest report… read more...
Dallas Fed Manufacturing Outlook: Slowed Expansion In October
via: SeekingAlpha at 2018-10-30 00:55:29:000
By Jill Mislinski On Monday morning, the Dallas Fed released its Texas Manufacturing Outlook Survey (TMOS) for October. The latest general business activity index came in at 29.4, up from 28.1 in September. All figures are seasonally adjusted. Here is an excerpt from the latest report… read more...
Much To Like About The Economy
via: SeekingAlpha at 2018-10-29 23:44:43:000
Recent equity market volatility has raised the question about the health of the current economic expansion. I must confess it is difficult to find too much in the way of negative news. What is important about this is the fact that a recession does not seem to be around the corner in our view. … read more...
Much To Like About The Economy
via: SeekingAlpha at 2018-10-29 23:44:43:000
Recent equity market volatility has raised the question about the health of the current economic expansion. I must confess it is difficult to find too much in the way of negative news. What is important about this is the fact that a recession does not seem to be around the corner in our view. … read more...
Much To Like About The Economy
via: SeekingAlpha at 2018-10-29 23:44:43:000
Recent equity market volatility has raised the question about the health of the current economic expansion. I must confess it is difficult to find too much in the way of negative news. What is important about this is the fact that a recession does not seem to be around the corner in our view. … read more...
October Regional Fed Manufacturing Overview
via: SeekingAlpha at 2018-10-29 22:55:36:000
By Jill Mislinski Five out of the twelve Federal Reserve Regional Districts currently publish monthly data on regional manufacturing: Dallas, Kansas City, New York, Richmond, and Philadelphia. Regional manufacturing surveys are a measure of local economic health and are used as a repre… read more...
October Regional Fed Manufacturing Overview
via: SeekingAlpha at 2018-10-29 22:55:36:000
By Jill Mislinski Five out of the twelve Federal Reserve Regional Districts currently publish monthly data on regional manufacturing: Dallas, Kansas City, New York, Richmond, and Philadelphia. Regional manufacturing surveys are a measure of local economic health and are used as a repre… read more...
October Regional Fed Manufacturing Overview
via: SeekingAlpha at 2018-10-29 22:55:36:000
By Jill Mislinski Five out of the twelve Federal Reserve Regional Districts currently publish monthly data on regional manufacturing: Dallas, Kansas City, New York, Richmond, and Philadelphia. Regional manufacturing surveys are a measure of local economic health and are used as a repre… read more...
The Fed Is Popping The Bubble It Created Over The Last Decade
via: SeekingAlpha at 2018-10-29 08:15:56:000
Photo (featuring Federal Reserve Chairman Jerome Powell): Getty Images Black October ? So it seems, just as history suggests . Since the beginning of the month, global stocks ( VTI , VEA , EFA ) are experiencing sharp declines , liquidity keeps evaporating (intensifying the roller… read more...
Fake Boom No Match For The Calendar
via: SeekingAlpha at 2018-10-26 05:52:05:000
The manufacturing renaissance at the base of this supposed US economic recovery is disappearing. It is unsurprising, quite predictable actually. First, there was the cleanup from last year's major storms and then frontrunning potential trade restrictions. Manufacturers domestically were gearin… read more...
Fake Boom No Match For The Calendar
via: SeekingAlpha at 2018-10-26 05:52:05:000
The manufacturing renaissance at the base of this supposed US economic recovery is disappearing. It is unsurprising, quite predictable actually. First, there was the cleanup from last year's major storms and then frontrunning potential trade restrictions. Manufacturers domestically were gearin… read more...
Fake Boom No Match For The Calendar
via: SeekingAlpha at 2018-10-26 05:52:05:000
The manufacturing renaissance at the base of this supposed US economic recovery is disappearing. It is unsurprising, quite predictable actually. First, there was the cleanup from last year's major storms and then frontrunning potential trade restrictions. Manufacturers domestically were gearin… read more...
Durable-Goods Orders Increase In September While Core Capital Goods Decline Slightly
via: SeekingAlpha at 2018-10-26 04:37:10:000
By Robert Hughes New orders for durable goods increased 0.8 percent in September, boosted by a 119.1 percent surge in defense aircraft. Over the past year, orders are up 6.5 percent, reaching the second-highest level on record. Since June 2016, new orders for durables excluding aircraft ha… read more...
Durable-Goods Orders Increase In September While Core Capital Goods Decline Slightly
via: SeekingAlpha at 2018-10-26 04:37:10:000
By Robert Hughes New orders for durable goods increased 0.8 percent in September, boosted by a 119.1 percent surge in defense aircraft. Over the past year, orders are up 6.5 percent, reaching the second-highest level on record. Since June 2016, new orders for durables excluding aircraft ha… read more...
Durable-Goods Orders Increase In September While Core Capital Goods Decline Slightly
via: SeekingAlpha at 2018-10-26 04:37:10:000
By Robert Hughes New orders for durable goods increased 0.8 percent in September, boosted by a 119.1 percent surge in defense aircraft. Over the past year, orders are up 6.5 percent, reaching the second-highest level on record. Since June 2016, new orders for durables excluding aircraft ha… read more...
Kansas City Fed Survey: Activity Continued At Slower Pace
via: SeekingAlpha at 2018-10-26 03:55:58:000
By Jill Mislinski The Kansas City Fed Manufacturing Survey business conditions indicator measures activity in the following states: Colorado, Kansas, Nebraska, Oklahoma, Wyoming, western Missouri, and northern New Mexico. Quarterly data for this indicator dates back to 1995, but monthly … read more...
Kansas City Fed Survey: Activity Continued At Slower Pace
via: SeekingAlpha at 2018-10-26 03:55:58:000
By Jill Mislinski The Kansas City Fed Manufacturing Survey business conditions indicator measures activity in the following states: Colorado, Kansas, Nebraska, Oklahoma, Wyoming, western Missouri, and northern New Mexico. Quarterly data for this indicator dates back to 1995, but monthly … read more...
Kansas City Fed Survey: Activity Continued At Slower Pace
via: SeekingAlpha at 2018-10-26 03:55:58:000
By Jill Mislinski The Kansas City Fed Manufacturing Survey business conditions indicator measures activity in the following states: Colorado, Kansas, Nebraska, Oklahoma, Wyoming, western Missouri, and northern New Mexico. Quarterly data for this indicator dates back to 1995, but monthly … read more...
Homebuilders: Give Us A Rest Will You?
via: SeekingAlpha at 2018-10-25 14:23:24:000
Here We Go Again We already wrote about homebuilders and constructors ( PKB , XHB , ITB , AIRR ) twice this month: Homebuilders And Constructors Have Dug Themselves A Huge Hole Homebuilders And Construction: The Most Affected Segment By Rising Rates/Yields Nonetheless, the… read more...
Richmond Fed Manufacturing Falls
via: SeekingAlpha at 2018-10-24 01:58:46:000
The Richmond Fed released their manufacturing index for October Tuesday morning. The report indicated the region's manufacturing sector is still expanding but at a more modest pace. The composite index badly missed forecasts. A decline to 24 from 29 in September was expected, but the actual re… read more...
Richmond Fed Manufacturing: Moderate Expansion In October
via: SeekingAlpha at 2018-10-24 01:32:05:000
By Jill Mislinski On Tuesday, the Richmond Fed Manufacturing Composite Index decreased to 15 for the month of October, up from last month's 29. Investing.com had forecast 25. Because of the highly volatile nature of this index, we include a 3-month moving average to facilitate the identifi… read more...
Emerging Market Equities - Keeping Their Nerve?
via: SeekingAlpha at 2018-10-24 01:29:15:000
By Jake Moeller I recently visited a fund buyer conference in London that exclusively showcased a selection of emerging-markets ((EM)) equities funds. In the current environment I had expected the conference to be potentially a febrile affair, but I was struck by the pervasive sense of… read more...
Lumber Halves In Value - Weyerhaeuser Revisited
via: SeekingAlpha at 2018-10-22 06:15:00:000
In 1993, the price of lumber futures that attempt to trade on the Chicago Mercantile Exchange traded to an all-time high of $493.50 per 1,000 board feet. By 2009, the price fell to lows of $137.90 in the wake of the U.S. housing crisis which caused real estate prices to tank and new home build… read more...
Lumber Halves In Value - Weyerhaeuser Revisited
via: SeekingAlpha at 2018-10-22 06:15:00:000
In 1993, the price of lumber futures that attempt to trade on the Chicago Mercantile Exchange traded to an all-time high of $493.50 per 1,000 board feet. By 2009, the price fell to lows of $137.90 in the wake of the U.S. housing crisis which caused real estate prices to tank and new home build… read more...
Philly Fed Manufacturing Index: Continued Growth In October
via: SeekingAlpha at 2018-10-19 04:15:07:000
By Jill Mislinski The Philly Fed's Manufacturing Business Outlook Survey is a monthly report for the Third Federal Reserve District, covers eastern Pennsylvania, southern New Jersey, and Delaware. While it focuses exclusively on business in this district, this regional survey gives a gen… read more...
Philly Fed Manufacturing Index: Continued Growth In October
via: SeekingAlpha at 2018-10-19 04:15:07:000
By Jill Mislinski The Philly Fed's Manufacturing Business Outlook Survey is a monthly report for the Third Federal Reserve District, covers eastern Pennsylvania, southern New Jersey, and Delaware. While it focuses exclusively on business in this district, this regional survey gives a gen… read more...
Philly Fed Manufacturing Index: Continued Growth In October
via: SeekingAlpha at 2018-10-19 04:15:07:000
By Jill Mislinski The Philly Fed's Manufacturing Business Outlook Survey is a monthly report for the Third Federal Reserve District, covers eastern Pennsylvania, southern New Jersey, and Delaware. While it focuses exclusively on business in this district, this regional survey gives a gen… read more...
Just The One More Boom Month For IP
via: SeekingAlpha at 2018-10-19 03:05:42:000
The calendar last month hadn't yet run out on US Industrial Production as it had for US Retail Sales . The hurricane interruption of 2017 for industry, unlike consumer spending, extended into last September. Therefore, the base comparison for 2018 is against that artificial low. As such, US I… read more...
Just The One More Boom Month For IP
via: SeekingAlpha at 2018-10-19 03:05:42:000
The calendar last month hadn't yet run out on US Industrial Production as it had for US Retail Sales . The hurricane interruption of 2017 for industry, unlike consumer spending, extended into last September. Therefore, the base comparison for 2018 is against that artificial low. As such, US I… read more...
Just The One More Boom Month For IP
via: SeekingAlpha at 2018-10-19 03:05:42:000
The calendar last month hadn't yet run out on US Industrial Production as it had for US Retail Sales . The hurricane interruption of 2017 for industry, unlike consumer spending, extended into last September. Therefore, the base comparison for 2018 is against that artificial low. As such, US I… read more...
Philly Fed Slightly Better Than Expected
via: SeekingAlpha at 2018-10-19 02:45:06:000
Like its New York counterpart , the October read on manufacturing in the Philadelphia Fed region came in slightly better than expected. While economists were forecasting the headline General Conditions index to come in at a level of 20.0 versus last month's reading of 22.9, the actual reading… read more...
Philly Fed Slightly Better Than Expected
via: SeekingAlpha at 2018-10-19 02:45:06:000
Like its New York counterpart , the October read on manufacturing in the Philadelphia Fed region came in slightly better than expected. While economists were forecasting the headline General Conditions index to come in at a level of 20.0 versus last month's reading of 22.9, the actual reading… read more...
Philly Fed Slightly Better Than Expected
via: SeekingAlpha at 2018-10-19 02:45:06:000
Like its New York counterpart , the October read on manufacturing in the Philadelphia Fed region came in slightly better than expected. While economists were forecasting the headline General Conditions index to come in at a level of 20.0 versus last month's reading of 22.9, the actual reading… read more...
Robotics And Cheap Energy Are Making U.S. Manufacturing Great Again
via: SeekingAlpha at 2018-10-18 04:24:39:000
By FS Staff Many believe the U.S. cannot compete with China on a manufacturing basis. While the U.S. is unlikely to employ as many manufacturing workers as it did in the 1970s, it is much stronger - and competitive - than most assume. This time on FS Insider we spoke with Lauren Saidel-B… read more...
U.S. Industrial Output Trend Accelerated To 8 Year High
via: SeekingAlpha at 2018-10-18 04:05:16:000
Tuesday's update on industrial activity in the US for September delivered a new round of bullish news for the economic outlook. The report offers more support for expecting that the Federal Reserve remains on track to raise interest rates again at its December policy meeting. The year-over… read more...
Industrial Production Beats Estimates
via: SeekingAlpha at 2018-10-17 10:55:14:000
Industrial production growth in September was forecasted to fall to 0.2% from August's reading of 0.4% MoM. The release for September came in higher than expectations at +0.3%. On a 3m/3m annualized basis, September's data is still below where it has been for most of the year though. Mining … read more...
September Industrial Production: Beware YoY Hurricane-Affected Distortions
via: SeekingAlpha at 2018-10-16 15:46:37:000
Introduction This morning's industrial production report, like yesterday's real retail sales report, was distorted by YoY comparisons with the poor readings, and subsequent rebound, due to the troika of major hurricanes striking major metropolitan areas in 2017. YoY industrial production e… read more...
Empire Manufacturing Tops Expectations
via: SeekingAlpha at 2018-10-16 10:13:31:000
The Empire Manufacturing report put out by the New York Fed came in slightly stronger than expected in October, rising to a level of 21.1 from 19.0 and expectations for an increase to 20.0. The headline index for this report has now been positive for 24 straight months, which is the longest st… read more...
Empire State Manufacturing Survey: Activity Grew In October
via: SeekingAlpha at 2018-10-16 09:13:43:000
By Jill Mislinski This morning we got the latest Empire State Manufacturing Survey . The diffusion index for General Business Conditions at 21.1 was an increase of 2.1 from the previous month's 19.0. The Investing.com forecast was for a reading of 20.4. The Empire State Manufacturin… read more...
Services Sector On Fire
via: SeekingAlpha at 2018-10-04 06:51:17:000
Within the commentary section of the September ISM Non-Manufacturing report Wednesday, one of the respondents noted that "Every day is a bit better than the last." Looking at the details of this month's report, that person's comment may actually be an understatement. At the headline level, the… read more...
Services Sector On Fire
via: SeekingAlpha at 2018-10-04 06:51:17:000
Within the commentary section of the September ISM Non-Manufacturing report Wednesday, one of the respondents noted that "Every day is a bit better than the last." Looking at the details of this month's report, that person's comment may actually be an understatement. At the headline level, the… read more...
Services Sector On Fire
via: SeekingAlpha at 2018-10-04 06:51:17:000
Within the commentary section of the September ISM Non-Manufacturing report Wednesday, one of the respondents noted that "Every day is a bit better than the last." Looking at the details of this month's report, that person's comment may actually be an understatement. At the headline level, the… read more...
Interest Rates Are Rising Because The Economy Is Strengthening
via: SeekingAlpha at 2018-10-04 06:34:06:000
I have been predicting higher interest rates, a stronger economy, and healthy returns in equities for a long time. For years I've gone against conventional wisdom, which typically worries that rising interest rates will choke off growth. Conventional wisdom, however, ignores an important detai… read more...
Interest Rates Are Rising Because The Economy Is Strengthening
via: SeekingAlpha at 2018-10-04 06:34:06:000
I have been predicting higher interest rates, a stronger economy, and healthy returns in equities for a long time. For years I've gone against conventional wisdom, which typically worries that rising interest rates will choke off growth. Conventional wisdom, however, ignores an important detai… read more...
Interest Rates Are Rising Because The Economy Is Strengthening
via: SeekingAlpha at 2018-10-04 06:34:06:000
I have been predicting higher interest rates, a stronger economy, and healthy returns in equities for a long time. For years I've gone against conventional wisdom, which typically worries that rising interest rates will choke off growth. Conventional wisdom, however, ignores an important detai… read more...
Copper Hovers Around $2.80 - Trade Will Determine The Path Of The Red Metal
via: SeekingAlpha at 2018-10-04 06:00:00:000
Many commodities prices hit bottom in late 2015, and early 2016 as economic growth in China slowed. For decades, China has been the demand side of the market in the raw material asset class. Double-digit economic growth and the leading population in the world led China to be the destination fo… read more...
Copper Hovers Around $2.80 - Trade Will Determine The Path Of The Red Metal
via: SeekingAlpha at 2018-10-04 06:00:00:000
Many commodities prices hit bottom in late 2015, and early 2016 as economic growth in China slowed. For decades, China has been the demand side of the market in the raw material asset class. Double-digit economic growth and the leading population in the world led China to be the destination fo… read more...
Copper Hovers Around $2.80 - Trade Will Determine The Path Of The Red Metal
via: SeekingAlpha at 2018-10-04 06:00:00:000
Many commodities prices hit bottom in late 2015, and early 2016 as economic growth in China slowed. For decades, China has been the demand side of the market in the raw material asset class. Double-digit economic growth and the leading population in the world led China to be the destination fo… read more...
ISM Manufacturing Index Is Slowly Peaking
via: SeekingAlpha at 2018-10-02 11:01:17:000
Every month, I look at the ISM manufacturing index. I do this because this leading indicator tells us what we can expect in terms of future stock market performances as well as real economic growth like industrial production, new orders, and eventually, GDP growth. Extra : if you want mor… read more...
ISM Manufacturing Index Is Slowly Peaking
via: SeekingAlpha at 2018-10-02 11:01:17:000
Every month, I look at the ISM manufacturing index. I do this because this leading indicator tells us what we can expect in terms of future stock market performances as well as real economic growth like industrial production, new orders, and eventually, GDP growth. Extra : if you want mor… read more...
Markit Manufacturing PMI: Ongoing Confidence In September
via: SeekingAlpha at 2018-10-02 05:58:58:000
By Jill Mislinski The September US Manufacturing Purchasing Managers' Index conducted by Markit came in at 55.6, up 0.9 from the 54.7 final August figure. Markit's Manufacturing PMI is a diffusion index: a reading above 50 indicates expansion in the sector, while below 50 indicates contrac… read more...
Markit Manufacturing PMI: Ongoing Confidence In September
via: SeekingAlpha at 2018-10-02 05:58:58:000
By Jill Mislinski The September US Manufacturing Purchasing Managers' Index conducted by Markit came in at 55.6, up 0.9 from the 54.7 final August figure. Markit's Manufacturing PMI is a diffusion index: a reading above 50 indicates expansion in the sector, while below 50 indicates contrac… read more...
ISM Manufacturing Index: Continued Strength In September
via: SeekingAlpha at 2018-10-02 05:53:12:000
By Jill Mislinski On Monday, the Institute for Supply Management published its monthly Manufacturing Report for September. The latest headline Purchasing Managers Index (PMI) was 59.8 percent, a decrease of 1.5 percent from 61.3 the previous month. Monday's headline number was below the … read more...
ISM Manufacturing Index: Continued Strength In September
via: SeekingAlpha at 2018-10-02 05:53:12:000
By Jill Mislinski On Monday, the Institute for Supply Management published its monthly Manufacturing Report for September. The latest headline Purchasing Managers Index (PMI) was 59.8 percent, a decrease of 1.5 percent from 61.3 the previous month. Monday's headline number was below the … read more...
ISM Manufacturing Drops More Than Expected
via: SeekingAlpha at 2018-10-02 04:10:41:000
After surging to a multi-year high in August, the ISM Manufacturing index pulled back slightly more than expected in September, falling from 61.3 down to 59.8 versus expectations for a drop to 60.0. As shown in the chart, though, activity is still at extremely robust levels. In terms of the … read more...
ISM Manufacturing Drops More Than Expected
via: SeekingAlpha at 2018-10-02 04:10:41:000
After surging to a multi-year high in August, the ISM Manufacturing index pulled back slightly more than expected in September, falling from 61.3 down to 59.8 versus expectations for a drop to 60.0. As shown in the chart, though, activity is still at extremely robust levels. In terms of the … read more...
Weekly Wrap: Are Headwinds Mounting That Could Lead Investors To Question Growth Expectations?
via: SeekingAlpha at 2018-09-29 12:30:32:000
There are days where you feel like the world is just slapping you in the face. This week some of those dealing with a Senate hearing you have may vaguely heard about (ugh) are likely feeling that way as are, I suspect, Elon Musk fans and I still cannot even think about my wounded 49ers, but I … read more...
Weekly Wrap: Are Headwinds Mounting That Could Lead Investors To Question Growth Expectations?
via: SeekingAlpha at 2018-09-29 12:30:32:000
There are days where you feel like the world is just slapping you in the face. This week some of those dealing with a Senate hearing you have may vaguely heard about (ugh) are likely feeling that way as are, I suspect, Elon Musk fans and I still cannot even think about my wounded 49ers, but I … read more...
Weekly Wrap: Are Headwinds Mounting That Could Lead Investors To Question Growth Expectations?
via: SeekingAlpha at 2018-09-29 12:30:32:000
There are days where you feel like the world is just slapping you in the face. This week some of those dealing with a Senate hearing you have may vaguely heard about (ugh) are likely feeling that way as are, I suspect, Elon Musk fans and I still cannot even think about my wounded 49ers, but I … read more...
Durable-Goods Orders Jump In August
via: SeekingAlpha at 2018-09-28 06:54:18:000
By Robert Hughes New orders for durable goods jumped 4.5 percent in August, boosted by a 69.1 percent surge in nondefense aircraft and a 17.0 percent gain in defense aircraft. Because of the large per-unit price and the tendency for buyers to place orders for multiple aircraft at once, bot… read more...
September Regional Fed Manufacturing Overview
via: SeekingAlpha at 2018-09-28 03:11:32:000
By Jill Mislinski Five out of the twelve Federal Reserve Regional Districts currently publish monthly data on regional manufacturing: Dallas, Kansas City, New York, Richmond, and Philadelphia. Regional manufacturing surveys are a measure of local economic health and are used as a repre… read more...
No Fears From Florence
via: SeekingAlpha at 2018-09-26 23:28:48:000
With Hurricane Florence crashing into the North Carolina coast earlier this month and the subsequent flooding that followed, a natural question among investors is how would the hurricane impact the regional economy. North Carolina is part of the Richmond Fed district, so a quick way to assess … read more...
Dispatches From The Trade War
via: SeekingAlpha at 2018-09-26 05:42:46:000
By Investment Strategy Group Trade tensions have been an ongoing focus for investors. In the wake of recent jockeying over tariffs between the U.S. and China, we offer perspective. 2018 has been a year of unusual stress on global trade relationships, as sparring over tariffs, protectioni… read more...
Richmond Fed Manufacturing: Robust In September
via: SeekingAlpha at 2018-09-26 04:39:17:000
By Jill Mislinski On Tuesday, the Richmond Fed Manufacturing Composite Index increased to 29 for the month of September, up from last month's 24. Investing.com had forecast 22. Because of the highly volatile nature of this index, we include a 3-month moving average to facilitate the iden… read more...
Manufacturing Surveys Remain Positive
via: SeekingAlpha at 2018-09-21 03:07:50:000
By Robert Hughes The Empire State Manufacturing Survey from the Federal Reserve Bank of New York and the Manufacturing Business Outlook Survey from the Federal Reserve Bank of Philadelphia both showed generally favorable results in September. While many of the individual indicators within … read more...
Manufacturing Surveys Remain Positive
via: SeekingAlpha at 2018-09-21 03:07:50:000
By Robert Hughes The Empire State Manufacturing Survey from the Federal Reserve Bank of New York and the Manufacturing Business Outlook Survey from the Federal Reserve Bank of Philadelphia both showed generally favorable results in September. While many of the individual indicators within … read more...
Manufacturing Surveys Remain Positive
via: SeekingAlpha at 2018-09-21 03:07:50:000
By Robert Hughes The Empire State Manufacturing Survey from the Federal Reserve Bank of New York and the Manufacturing Business Outlook Survey from the Federal Reserve Bank of Philadelphia both showed generally favorable results in September. While many of the individual indicators within … read more...
Manufacturing Surveys Remain Positive
via: SeekingAlpha at 2018-09-21 03:07:50:000
By Robert Hughes The Empire State Manufacturing Survey from the Federal Reserve Bank of New York and the Manufacturing Business Outlook Survey from the Federal Reserve Bank of Philadelphia both showed generally favorable results in September. While many of the individual indicators within … read more...
Manufacturing Surveys Remain Positive
via: SeekingAlpha at 2018-09-21 03:07:50:000
By Robert Hughes The Empire State Manufacturing Survey from the Federal Reserve Bank of New York and the Manufacturing Business Outlook Survey from the Federal Reserve Bank of Philadelphia both showed generally favorable results in September. While many of the individual indicators within … read more...
Philly Comeback
via: SeekingAlpha at 2018-09-21 01:40:11:000
With the headline index falling to a 21-month low in August, last month's Philly Fed was a bit of a disappointment. However, with an overall strong reading in the ISM in early September, the weak reading in Philly was considered more of a one-off anomaly than anything else. With this month's r… read more...
Philly Comeback
via: SeekingAlpha at 2018-09-21 01:40:11:000
With the headline index falling to a 21-month low in August, last month's Philly Fed was a bit of a disappointment. However, with an overall strong reading in the ISM in early September, the weak reading in Philly was considered more of a one-off anomaly than anything else. With this month's r… read more...
Philly Comeback
via: SeekingAlpha at 2018-09-21 01:40:11:000
With the headline index falling to a 21-month low in August, last month's Philly Fed was a bit of a disappointment. However, with an overall strong reading in the ISM in early September, the weak reading in Philly was considered more of a one-off anomaly than anything else. With this month's r… read more...
Philly Comeback
via: SeekingAlpha at 2018-09-21 01:40:11:000
With the headline index falling to a 21-month low in August, last month's Philly Fed was a bit of a disappointment. However, with an overall strong reading in the ISM in early September, the weak reading in Philly was considered more of a one-off anomaly than anything else. With this month's r… read more...
Philly Comeback
via: SeekingAlpha at 2018-09-21 01:40:11:000
With the headline index falling to a 21-month low in August, last month's Philly Fed was a bit of a disappointment. However, with an overall strong reading in the ISM in early September, the weak reading in Philly was considered more of a one-off anomaly than anything else. With this month's r… read more...
Empire State Manufacturing Survey: Activity Continues To Grow In September
via: SeekingAlpha at 2018-09-18 01:13:22:000
By Jill Mislinski On Monday morning, we got the latest Empire State Manufacturing Survey . The diffusion index for General Business Conditions at 19.0 was a decrease of 6.6 from the previous month's 25.6. The Investing.com forecast was for a reading of 23.2. The Empire State Manufactu… read more...
Empire State Manufacturing Survey: Activity Continues To Grow In September
via: SeekingAlpha at 2018-09-18 01:13:22:000
By Jill Mislinski On Monday morning, we got the latest Empire State Manufacturing Survey . The diffusion index for General Business Conditions at 19.0 was a decrease of 6.6 from the previous month's 25.6. The Investing.com forecast was for a reading of 23.2. The Empire State Manufactu… read more...
Empire State Manufacturing Survey: Activity Continues To Grow In September
via: SeekingAlpha at 2018-09-18 01:13:22:000
By Jill Mislinski On Monday morning, we got the latest Empire State Manufacturing Survey . The diffusion index for General Business Conditions at 19.0 was a decrease of 6.6 from the previous month's 25.6. The Investing.com forecast was for a reading of 23.2. The Empire State Manufactu… read more...
Empire Manufacturing Report Disappoints
via: SeekingAlpha at 2018-09-18 01:05:15:000
The latest read of the NY Fed Manufacturing report didn't give such a great preview of economic activity for the month of September. At the headline level, the General Business conditions index dropped from 25.6 down to 19.0 versus expectations for a decline to 23.0. Similar to the current con… read more...
Empire Manufacturing Report Disappoints
via: SeekingAlpha at 2018-09-18 01:05:15:000
The latest read of the NY Fed Manufacturing report didn't give such a great preview of economic activity for the month of September. At the headline level, the General Business conditions index dropped from 25.6 down to 19.0 versus expectations for a decline to 23.0. Similar to the current con… read more...
Empire Manufacturing Report Disappoints
via: SeekingAlpha at 2018-09-18 01:05:15:000
The latest read of the NY Fed Manufacturing report didn't give such a great preview of economic activity for the month of September. At the headline level, the General Business conditions index dropped from 25.6 down to 19.0 versus expectations for a decline to 23.0. Similar to the current con… read more...
Gauging Crisis Risks, 10 Years Post GFC
via: SeekingAlpha at 2018-09-18 00:42:42:000
Key Points We see a repeat of the global financial crisis as unlikely, yet new risks and some old ones deserve investors' attention. The prospect of fresh China-U.S. trade talks eased nerves in markets. Turkeys central bank raised rates, triggering a rally in the lira. This wee… read more...
Gauging Crisis Risks, 10 Years Post GFC
via: SeekingAlpha at 2018-09-18 00:42:42:000
Key Points We see a repeat of the global financial crisis as unlikely, yet new risks and some old ones deserve investors' attention. The prospect of fresh China-U.S. trade talks eased nerves in markets. Turkeys central bank raised rates, triggering a rally in the lira. This wee… read more...
Gauging Crisis Risks, 10 Years Post GFC
via: SeekingAlpha at 2018-09-18 00:42:42:000
Key Points We see a repeat of the global financial crisis as unlikely, yet new risks and some old ones deserve investors' attention. The prospect of fresh China-U.S. trade talks eased nerves in markets. Turkeys central bank raised rates, triggering a rally in the lira. This wee… read more...
Copper Is Waiting For News On Trade
via: SeekingAlpha at 2018-09-17 06:30:00:000
At just over the $2.60 per pound level, the price of copper is sitting at its lowest level since July 2017 and close to its recent low at $2.5520 per pound on the nearby COMEX futures contract. Copper is an essential building block for infrastructure. As China is the world's most populous na… read more...
Further Diverging Productions
via: SeekingAlpha at 2018-09-15 10:24:18:000
Industrial Production in the United States increased by 4.9% year over year in August 2018. That's the best for American industry in 92 months going all the way back to December 2010. Hurray for the boom. As with retail sales , August was in position for the best possible monthly comparison… read more...
Further Diverging Productions
via: SeekingAlpha at 2018-09-15 10:24:18:000
Industrial Production in the United States increased by 4.9% year over year in August 2018. That's the best for American industry in 92 months going all the way back to December 2010. Hurray for the boom. As with retail sales , August was in position for the best possible monthly comparison… read more...
U.S. Industry: Room For Improvement
via: SeekingAlpha at 2018-09-15 07:20:49:000
By James Knightley, Chief International Economist US industrial production is robust, but it's important to remember manufacturing output remains 5% below pre-crisis levels. What the data means for Trump US industrial production rose 0.4% month-on-month in August, above the 0.3% ma… read more...
U.S. Industry: Room For Improvement
via: SeekingAlpha at 2018-09-15 07:20:49:000
By James Knightley, Chief International Economist US industrial production is robust, but it's important to remember manufacturing output remains 5% below pre-crisis levels. What the data means for Trump US industrial production rose 0.4% month-on-month in August, above the 0.3% ma… read more...
Trio Of Reports Sends Mixed, But Mostly Positive, Signals
via: SeekingAlpha at 2018-09-15 06:12:53:000
By Robert Hughes The preliminary September results from the University of Michigan Surveys of Consumer Sentiment show overall consumer sentiment jumped 4.6 points to 100.8 versus the final August result of 96.2. That is just the third time since 2004 that the index has breached the 100 thr… read more...
Trio Of Reports Sends Mixed, But Mostly Positive, Signals
via: SeekingAlpha at 2018-09-15 06:12:53:000
By Robert Hughes The preliminary September results from the University of Michigan Surveys of Consumer Sentiment show overall consumer sentiment jumped 4.6 points to 100.8 versus the final August result of 96.2. That is just the third time since 2004 that the index has breached the 100 thr… read more...
First Trust declares quarterly distributions
via: SeekingAlpha at 2018-09-14 00:47:33:000
First Trust RBA American Industrial RenaissanceETF (NASDAQ: AIRR ) - $0.0201. First Trust Dorsey Wright DALI 1 ETF ( DALI ) - $0.0106. First Trust Dorsey Wright Momentum & Dividend ETF (NASDAQ: DDIV ) - $1383. First Trust S&P International Dividend Aristocrats ETF ( FID )… read more...
First Trust Advisors L.P. Announces Distributions for Exchange-Traded Funds
via: Business Wire at 2018-09-13 17:18:00:000
First Trust Advisors L.P. (FTA) announces the declaration of distributions for 117 exchange-traded funds (each a Fund, collectively, the Funds) advised by FTA. The following dates apply to todays distribution declarations: FTA i… read more...
August Producer Price Index: Core Final Demand Down 0.1% MoM
via: SeekingAlpha at 2018-09-13 01:13:39:000
By Jill Mislinski Wednesday's release of the August Producer Price Index ((PPI)) for Final Demand came in at -0.1% month over month seasonally adjusted, down from last month's 0.0%. It is at 2.8% year over year, down from 3.3% last month, on a non-seasonally adjusted basis. Core Final Dema… read more...
Being Wrong
via: SeekingAlpha at 2018-09-11 02:48:32:000
The brilliant Peter Bernstein (author, historian, and economist) once wrote: After 28 years at this post and 22 years before this in money management, I can sum up whatever wisdom I have accumulated this way: the trick is not to be the hottest stock-picker, the winning forecaster, or the de… read more...
Being Wrong
via: SeekingAlpha at 2018-09-11 02:48:32:000
The brilliant Peter Bernstein (author, historian, and economist) once wrote: After 28 years at this post and 22 years before this in money management, I can sum up whatever wisdom I have accumulated this way: the trick is not to be the hottest stock-picker, the winning forecaster, or the de… read more...
Bullish Charts: Manufacturing And Corporate Profits
via: SeekingAlpha at 2018-09-07 03:19:03:000
The bullish case for the economy (and, by extension, the stock market) is getting stronger. Here are some charts using recent data releases that tell the story. Manufacturing activity has definitely picked up, and corporate profits are not only strong but rising, leaving equity valuations only… read more...
Bullish Charts: Manufacturing And Corporate Profits
via: SeekingAlpha at 2018-09-07 03:19:03:000
The bullish case for the economy (and, by extension, the stock market) is getting stronger. Here are some charts using recent data releases that tell the story. Manufacturing activity has definitely picked up, and corporate profits are not only strong but rising, leaving equity valuations only… read more...
Bullish Charts: Manufacturing And Corporate Profits
via: SeekingAlpha at 2018-09-07 03:19:03:000
The bullish case for the economy (and, by extension, the stock market) is getting stronger. Here are some charts using recent data releases that tell the story. Manufacturing activity has definitely picked up, and corporate profits are not only strong but rising, leaving equity valuations only… read more...
Bullish Charts: Manufacturing And Corporate Profits
via: SeekingAlpha at 2018-09-07 03:19:03:000
The bullish case for the economy (and, by extension, the stock market) is getting stronger. Here are some charts using recent data releases that tell the story. Manufacturing activity has definitely picked up, and corporate profits are not only strong but rising, leaving equity valuations only… read more...
Manufacturers' New Orders
via: SeekingAlpha at 2018-09-07 03:15:01:000
The US Census reported new factory orders that were lower than expected for July with a 0.8% MoM decrease to $497.8 billion. Orders were estimated to fall 0.6% after the 0.7% increase in June. On a year-over-year basis, new orders are still up 8.3%. Breaking this down, durable goods saw a decl… read more...
Manufacturers' New Orders
via: SeekingAlpha at 2018-09-07 03:15:01:000
The US Census reported new factory orders that were lower than expected for July with a 0.8% MoM decrease to $497.8 billion. Orders were estimated to fall 0.6% after the 0.7% increase in June. On a year-over-year basis, new orders are still up 8.3%. Breaking this down, durable goods saw a decl… read more...
Manufacturers' New Orders
via: SeekingAlpha at 2018-09-07 03:15:01:000
The US Census reported new factory orders that were lower than expected for July with a 0.8% MoM decrease to $497.8 billion. Orders were estimated to fall 0.6% after the 0.7% increase in June. On a year-over-year basis, new orders are still up 8.3%. Breaking this down, durable goods saw a decl… read more...
Manufacturers' New Orders
via: SeekingAlpha at 2018-09-07 03:15:01:000
The US Census reported new factory orders that were lower than expected for July with a 0.8% MoM decrease to $497.8 billion. Orders were estimated to fall 0.6% after the 0.7% increase in June. On a year-over-year basis, new orders are still up 8.3%. Breaking this down, durable goods saw a decl… read more...
Markit Services PMI: Service Sector Activity Growth Eases
via: SeekingAlpha at 2018-09-07 02:49:46:000
By Jill Mislinski The August US Services Purchasing Managers' Index conducted by Markit came in at 54.8 percent, down 1.2 from the final July estimate of 56.0. The Investing.com consensus was for 55.2 percent. Markit's Services PMI is a diffusion index: a reading above 50 indicates expansi… read more...
Markit Services PMI: Service Sector Activity Growth Eases
via: SeekingAlpha at 2018-09-07 02:49:46:000
By Jill Mislinski The August US Services Purchasing Managers' Index conducted by Markit came in at 54.8 percent, down 1.2 from the final July estimate of 56.0. The Investing.com consensus was for 55.2 percent. Markit's Services PMI is a diffusion index: a reading above 50 indicates expansi… read more...
Markit Services PMI: Service Sector Activity Growth Eases
via: SeekingAlpha at 2018-09-07 02:49:46:000
By Jill Mislinski The August US Services Purchasing Managers' Index conducted by Markit came in at 54.8 percent, down 1.2 from the final July estimate of 56.0. The Investing.com consensus was for 55.2 percent. Markit's Services PMI is a diffusion index: a reading above 50 indicates expansi… read more...
Markit Services PMI: Service Sector Activity Growth Eases
via: SeekingAlpha at 2018-09-07 02:49:46:000
By Jill Mislinski The August US Services Purchasing Managers' Index conducted by Markit came in at 54.8 percent, down 1.2 from the final July estimate of 56.0. The Investing.com consensus was for 55.2 percent. Markit's Services PMI is a diffusion index: a reading above 50 indicates expansi… read more...
Strength In The Services Sector
via: SeekingAlpha at 2018-09-07 02:41:37:000
The release of the August ISM Non-Manufacturing report handily exceeded forecasts, coming in at a level of 58.5 versus consensus estimates for a reading of 56.8. The 1.7-point spread between the actual and reported number was also the biggest beat relative to expectations since the January rep… read more...
Strength In The Services Sector
via: SeekingAlpha at 2018-09-07 02:41:37:000
The release of the August ISM Non-Manufacturing report handily exceeded forecasts, coming in at a level of 58.5 versus consensus estimates for a reading of 56.8. The 1.7-point spread between the actual and reported number was also the biggest beat relative to expectations since the January rep… read more...
Strength In The Services Sector
via: SeekingAlpha at 2018-09-07 02:41:37:000
The release of the August ISM Non-Manufacturing report handily exceeded forecasts, coming in at a level of 58.5 versus consensus estimates for a reading of 56.8. The 1.7-point spread between the actual and reported number was also the biggest beat relative to expectations since the January rep… read more...
Strength In The Services Sector
via: SeekingAlpha at 2018-09-07 02:41:37:000
The release of the August ISM Non-Manufacturing report handily exceeded forecasts, coming in at a level of 58.5 versus consensus estimates for a reading of 56.8. The 1.7-point spread between the actual and reported number was also the biggest beat relative to expectations since the January rep… read more...
Top 5 Charts Of The Week: Synchronized Slowdown, Quantitative Tightening, Complacency
via: SeekingAlpha at 2018-09-06 03:19:22:000
In this video, we run through the free weekly email newsletter " The Top 5 Charts of the Week " and add a bit of extra comments and context. It's a useful tour across some of our latest work and thinking and just a great selection of global macro/market charts. This week: 1. The global man… read more...
Producers Are Hot*, But Consumers Maybe Not
via: SeekingAlpha at 2018-09-06 03:09:11:000
Introduction July data ended, and August data started, with very different signals about the economy. Vehicle sales and residential construction suggest consumer stagnation On the consumer side, motor vehicle sales for August came in at 16.69 million annualized. That is essentially equ… read more...
The ISM Manufacturing Index Crushed My Expectations And What It Means Going Forward
via: SeekingAlpha at 2018-09-05 11:26:38:000
Every month, I look at the ISM manufacturing index. I do this because this leading indicator tells us what we can expect in terms of future stock market performances as well as real economic growth like industrial production, new orders, and eventually, GDP growth. The most recent ISM data s… read more...
ISM Manufacturing PMI Reaches 14-Year High
via: SeekingAlpha at 2018-09-05 07:11:28:000
By Robert Hughes The Manufacturing Purchasing Managers' Index (PMI) from the Institute for Supply Management registered a 61.3 reading in August, up from 58.1 in July. That is the 24th month in a row above the neutral 50 level and the highest reading since 2004 (see chart). For this inde… read more...
ISM Manufacturing Index: PMI Highest Since 2011
via: SeekingAlpha at 2018-09-05 02:32:55:000
By Jill Mislinski On Tuesday, the Institute for Supply Management published its monthly Manufacturing Report for August. The latest headline Purchasing Managers Index ((PMI)) was 61.3 percent, an increase of 3.2 percent from 58.1 the previous month. Tuesday's headline number was below th… read more...
ISM Manufacturing Blowout
via: SeekingAlpha at 2018-09-05 02:19:12:000
According to the most recent release of the ISM Manufacturing PMI report, August was not just a good month, it was great! While economists were expecting a modest downtick in the headline index, the actual reading saw a pretty sharp uptick, rising to 61.3, which was the highest reading since M… read more...
Revival Of Industrials
via: SeekingAlpha at 2018-08-31 22:49:28:000
Regardless of how you feel politically, the tough trade talks appear to be on the way to revitalize the industrial and manufacturing base here in the United States. In fact, the industrials as a group appear to be undervalued and may very well be fertile grounds for investment here in the Un… read more...
Revival Of Industrials
via: SeekingAlpha at 2018-08-31 22:49:28:000
Regardless of how you feel politically, the tough trade talks appear to be on the way to revitalize the industrial and manufacturing base here in the United States. In fact, the industrials as a group appear to be undervalued and may very well be fertile grounds for investment here in the Un… read more...
Revival Of Industrials
via: SeekingAlpha at 2018-08-31 22:49:28:000
Regardless of how you feel politically, the tough trade talks appear to be on the way to revitalize the industrial and manufacturing base here in the United States. In fact, the industrials as a group appear to be undervalued and may very well be fertile grounds for investment here in the Un… read more...
Revival Of Industrials
via: SeekingAlpha at 2018-08-31 22:49:28:000
Regardless of how you feel politically, the tough trade talks appear to be on the way to revitalize the industrial and manufacturing base here in the United States. In fact, the industrials as a group appear to be undervalued and may very well be fertile grounds for investment here in the Un… read more...
August Regional Fed Manufacturing Overview
via: SeekingAlpha at 2018-08-30 03:05:04:000
By Jill Mislinski Five out of the twelve Federal Reserve Regional Districts currently publish monthly data on regional manufacturing: Dallas, Kansas City, New York, Richmond, and Philadelphia. Regional manufacturing surveys are a measure of local economic health and are used as a repre… read more...
August Regional Fed Manufacturing Overview
via: SeekingAlpha at 2018-08-30 03:05:04:000
By Jill Mislinski Five out of the twelve Federal Reserve Regional Districts currently publish monthly data on regional manufacturing: Dallas, Kansas City, New York, Richmond, and Philadelphia. Regional manufacturing surveys are a measure of local economic health and are used as a repre… read more...
5 Fed Manufacturing Index Softer In August
via: SeekingAlpha at 2018-08-29 02:53:58:000
Each month, we aggregate the 5 regional Fed manufacturing activity indices into one gauge that assesses activity around the country. The sample includes manufacturers in the NY, Philadelphia, Richmond, Kansas City, and Dallas Fed districts. As shown in the table below, there were a couple of i… read more...
Dallas Fed Manufacturing Outlook: Robust Expansion In July Continues In August
via: SeekingAlpha at 2018-08-28 06:20:20:000
By Jill Mislinski On Monday morning, the Dallas Fed released its Texas Manufacturing Outlook Survey (TMOS) for August. The latest general business activity index came in at 30.9, down from 32.3 in July. Other components of the survey showed improved growth. All figures are seasonally adj… read more...
The Auto Business Is Overall Business
via: SeekingAlpha at 2018-08-17 10:07:38:000
Automobiles have come a long way in two decades. The import craze of this latest bout of globalization was in the car business handed an open door by a lack of quality, or perceptions about a lack of quality. The domestic auto industry in the seventies and eighties really did not shine its bri… read more...
The Auto Business Is Overall Business
via: SeekingAlpha at 2018-08-17 10:07:38:000
Automobiles have come a long way in two decades. The import craze of this latest bout of globalization was in the car business handed an open door by a lack of quality, or perceptions about a lack of quality. The domestic auto industry in the seventies and eighties really did not shine its bri… read more...
The Auto Business Is Overall Business
via: SeekingAlpha at 2018-08-17 10:07:38:000
Automobiles have come a long way in two decades. The import craze of this latest bout of globalization was in the car business handed an open door by a lack of quality, or perceptions about a lack of quality. The domestic auto industry in the seventies and eighties really did not shine its bri… read more...
The Auto Business Is Overall Business
via: SeekingAlpha at 2018-08-17 10:07:38:000
Automobiles have come a long way in two decades. The import craze of this latest bout of globalization was in the car business handed an open door by a lack of quality, or perceptions about a lack of quality. The domestic auto industry in the seventies and eighties really did not shine its bri… read more...
The Auto Business Is Overall Business
via: SeekingAlpha at 2018-08-17 10:07:38:000
Automobiles have come a long way in two decades. The import craze of this latest bout of globalization was in the car business handed an open door by a lack of quality, or perceptions about a lack of quality. The domestic auto industry in the seventies and eighties really did not shine its bri… read more...
Philly Fed Manufacturing Index: Growth Slowed In August
via: SeekingAlpha at 2018-08-17 02:19:07:000
By Jill Mislinski The Philly Fed's Manufacturing Business Outlook Survey is a monthly report for the Third Federal Reserve District, and covers eastern Pennsylvania, southern New Jersey, and Delaware. While it focuses exclusively on business in this district, this regional survey gives a… read more...
Philly Fed Manufacturing Index: Growth Slowed In August
via: SeekingAlpha at 2018-08-17 02:19:07:000
By Jill Mislinski The Philly Fed's Manufacturing Business Outlook Survey is a monthly report for the Third Federal Reserve District, and covers eastern Pennsylvania, southern New Jersey, and Delaware. While it focuses exclusively on business in this district, this regional survey gives a… read more...
Philly Fed Manufacturing Index: Growth Slowed In August
via: SeekingAlpha at 2018-08-17 02:19:07:000
By Jill Mislinski The Philly Fed's Manufacturing Business Outlook Survey is a monthly report for the Third Federal Reserve District, and covers eastern Pennsylvania, southern New Jersey, and Delaware. While it focuses exclusively on business in this district, this regional survey gives a… read more...
Philly Fed Manufacturing Index: Growth Slowed In August
via: SeekingAlpha at 2018-08-17 02:19:07:000
By Jill Mislinski The Philly Fed's Manufacturing Business Outlook Survey is a monthly report for the Third Federal Reserve District, and covers eastern Pennsylvania, southern New Jersey, and Delaware. While it focuses exclusively on business in this district, this regional survey gives a… read more...
Philly Fed Manufacturing Index: Growth Slowed In August
via: SeekingAlpha at 2018-08-17 02:19:07:000
By Jill Mislinski The Philly Fed's Manufacturing Business Outlook Survey is a monthly report for the Third Federal Reserve District, and covers eastern Pennsylvania, southern New Jersey, and Delaware. While it focuses exclusively on business in this district, this regional survey gives a… read more...
Empire Manufacturing Rebounds
via: SeekingAlpha at 2018-08-16 09:57:17:000
Manufacturing activity in the New York region heated up right with the temperature in August as the Empire Manufacturing survey unexpectedly rose to 25.6 versus estimates for a reading of 20. As shown below, the tracker for General Business conditions hit its highest level since last October. … read more...
The Big 4 Economic Indicators: Industrial Production Up 0.1% In July
via: SeekingAlpha at 2018-08-16 03:20:46:000
By Jill Mislinski Note : This commentary has been updated to incorporate the July data for Industrial Production. Official recession calls are the responsibility of the NBER Business Cycle Dating Committee, which is understandably vague about the specific indicators on which they ba… read more...
Empire State Manufacturing Survey: Activity Remains Robust In August
via: SeekingAlpha at 2018-08-15 12:02:22:000
By Jill Mislinski This morning we got the latest Empire State Manufacturing Survey . The diffusion index for General Business Conditions at 25.6 was an increase of 3.0 from the previous month's 22.6. The Investing.com forecast was for a reading of 20.3. The Empire State Manufacturin… read more...
Bullish BofA upgrades industrial and health care sectors
via: SeekingAlpha at 2018-08-15 10:32:58:000
Savita Subramanian and team expect this long-running bull market to broaden out, and upgrade the industrial (NYSEARCA: XLI ) and health care (NYSEARCA: XLV ) sectors to Overweight, noting strong Q2 results and cheap valuations. More news on: Industrial Select Sector SPDR ETF, Health Care S… read more...
Copper Continues To Sit Near Recent Lows
via: SeekingAlpha at 2018-08-10 06:45:00:000
Copper had a great run from January 2016 through early June 2018. The price of the red metal moved from lows of $1.9355 to highs of $3.3220 per pound on the active month COMEX futures contract. While the peak price came in December, the copper market came within 0.65 cents of that peak in earl… read more...
Copper Continues To Sit Near Recent Lows
via: SeekingAlpha at 2018-08-10 06:45:00:000
Copper had a great run from January 2016 through early June 2018. The price of the red metal moved from lows of $1.9355 to highs of $3.3220 per pound on the active month COMEX futures contract. While the peak price came in December, the copper market came within 0.65 cents of that peak in earl… read more...
Copper Continues To Sit Near Recent Lows
via: SeekingAlpha at 2018-08-10 06:45:00:000
Copper had a great run from January 2016 through early June 2018. The price of the red metal moved from lows of $1.9355 to highs of $3.3220 per pound on the active month COMEX futures contract. While the peak price came in December, the copper market came within 0.65 cents of that peak in earl… read more...
Copper Continues To Sit Near Recent Lows
via: SeekingAlpha at 2018-08-10 06:45:00:000
Copper had a great run from January 2016 through early June 2018. The price of the red metal moved from lows of $1.9355 to highs of $3.3220 per pound on the active month COMEX futures contract. While the peak price came in December, the copper market came within 0.65 cents of that peak in earl… read more...
Copper Continues To Sit Near Recent Lows
via: SeekingAlpha at 2018-08-10 06:45:00:000
Copper had a great run from January 2016 through early June 2018. The price of the red metal moved from lows of $1.9355 to highs of $3.3220 per pound on the active month COMEX futures contract. While the peak price came in December, the copper market came within 0.65 cents of that peak in earl… read more...
Lumber Tanks
via: SeekingAlpha at 2018-08-08 06:15:00:000
Trade issues with China, a stronger dollar, and rising interest rates have combined to create a potent bearish cocktail for many industrial raw material markets over recent weeks. Since early June, the price of copper, a leader when it comes to the commodities that are the building blocks of i… read more...
Lumber Tanks
via: SeekingAlpha at 2018-08-08 06:15:00:000
Trade issues with China, a stronger dollar, and rising interest rates have combined to create a potent bearish cocktail for many industrial raw material markets over recent weeks. Since early June, the price of copper, a leader when it comes to the commodities that are the building blocks of i… read more...
Comparing MN And WI Along 5 Variables
via: SeekingAlpha at 2018-08-04 04:20:22:000
Editor's note: This article was originally published on August 3, 2018, by Menzie Chinn here . In a recent paper , Ryan LeCloux and I use five macroeconomic measures to assess state economic performance ( post ). Here, I use updated data to evaluate Minnesota's economic performance vis &… read more...
Comparing MN And WI Along 5 Variables
via: SeekingAlpha at 2018-08-04 04:20:22:000
Editor's note: This article was originally published on August 3, 2018, by Menzie Chinn here . In a recent paper , Ryan LeCloux and I use five macroeconomic measures to assess state economic performance ( post ). Here, I use updated data to evaluate Minnesota's economic performance vis &… read more...
Comparing MN And WI Along 5 Variables
via: SeekingAlpha at 2018-08-04 04:20:22:000
Editor's note: This article was originally published on August 3, 2018, by Menzie Chinn here . In a recent paper , Ryan LeCloux and I use five macroeconomic measures to assess state economic performance ( post ). Here, I use updated data to evaluate Minnesota's economic performance vis &… read more...
Comparing MN And WI Along 5 Variables
via: SeekingAlpha at 2018-08-04 04:20:22:000
Editor's note: This article was originally published on August 3, 2018, by Menzie Chinn here . In a recent paper , Ryan LeCloux and I use five macroeconomic measures to assess state economic performance ( post ). Here, I use updated data to evaluate Minnesota's economic performance vis &… read more...
Economic Growth Outlook - Don't Panic Just Yet
via: SeekingAlpha at 2018-08-03 14:54:41:000
In this article, I am going to discuss my monthly economic outlook. I will do this by combining leading regional manufacturing surveys and the ISM manufacturing index. The results show the inevitable growth peak after the economic acceleration of 2016 and 2017. However, even though we can exp… read more...
ISM Manufacturing Survey Pulls Back In July But Remains Strongly Positive
via: SeekingAlpha at 2018-08-03 06:21:48:000
By Robert Hughes The Manufacturing Purchasing Managers Index from the Institute for Supply Management registered a 58.1 percent reading in July, down from 60.2 in June. Despite the pullback, the index remains well above neutral and is a positive sign for the manufacturing sector. … read more...
ISM Manufacturing Index: PMI Down In July
via: SeekingAlpha at 2018-08-03 01:20:14:000
By Jill Mislinski On Wednesday, the Institute for Supply Management published its monthly Manufacturing Report for July. The latest headline Purchasing Managers Index (PMI) was 58.1 percent, a decrease of 2.1 percent from 60.2 the previous month. Wednesday's headline number was below the… read more...
Markit Manufacturing PMI: Growth Dips In July
via: SeekingAlpha at 2018-08-03 01:09:31:000
By Jill Mislinski The July US Manufacturing Purchasing Managers' Index conducted by Markit came in at 55.3, down slightly from the 55.4 final June figure. Markit's Manufacturing PMI is a diffusion index: A reading above 50 indicates expansion in the sector; below 50 indicates contraction. … read more...
Another 'Strongest Since' Inflation Indicator
via: SeekingAlpha at 2018-08-02 10:53:09:000
When it comes to different inflation readings, many releases have been accompanied by the phrase "strongest since" or something similar sounding. In each month's ISM Manufacturing report, respondents are asked which commodities they have seen price increases for and which ones they have seen d… read more...
ISM Manufacturing Drifts Lower
via: SeekingAlpha at 2018-08-02 02:40:53:000
Activity in the Manufacturing sector was slightly weaker than expected in July but still remained at strong levels. According to ISM, the Manufacturing PMI index fell from 60.2 down to 58.1 compared to expectations for a reading of 59.4. Putting this level into perspective, the Manufacturing P… read more...
July Regional Fed Manufacturing Overview
via: SeekingAlpha at 2018-07-31 06:40:03:000
By Jill Mislinski Five out of the twelve Federal Reserve Regional Districts currently publish monthly data on regional manufacturing: Dallas, Kansas City, New York, Richmond, and Philadelphia. Regional manufacturing surveys are a measure of local economic health and are used as a repre… read more...
July Regional Fed Manufacturing Overview
via: SeekingAlpha at 2018-07-31 06:40:03:000
By Jill Mislinski Five out of the twelve Federal Reserve Regional Districts currently publish monthly data on regional manufacturing: Dallas, Kansas City, New York, Richmond, and Philadelphia. Regional manufacturing surveys are a measure of local economic health and are used as a repre… read more...
Dallas Fed Manufacturing Outlook: Robust Expansion In July
via: SeekingAlpha at 2018-07-31 06:32:44:000
By Jill Mislinski This morning the Dallas Fed released its Texas Manufacturing Outlook Survey ((TMOS)) for July. The latest general business activity index came in at 32.3, down from 36.5 in June. Other components of the survey showed improved growth. All figures are seasonally adjusted…. read more...
Dallas Fed Manufacturing Outlook: Robust Expansion In July
via: SeekingAlpha at 2018-07-31 06:32:44:000
By Jill Mislinski This morning the Dallas Fed released its Texas Manufacturing Outlook Survey ((TMOS)) for July. The latest general business activity index came in at 32.3, down from 36.5 in June. Other components of the survey showed improved growth. All figures are seasonally adjusted…. read more...
Expansion, Record Or Not At All?
via: SeekingAlpha at 2018-07-27 02:41:55:000
We are closing in on a record for economic expansion. It's been talked about more frequently, especially since one has already been reached in the labor market. According to the BLS, there hasn't been a negative employment report since September 2010 (there was one in September last year, but … read more...
Expansion, Record Or Not At All?
via: SeekingAlpha at 2018-07-27 02:41:55:000
We are closing in on a record for economic expansion. It's been talked about more frequently, especially since one has already been reached in the labor market. According to the BLS, there hasn't been a negative employment report since September 2010 (there was one in September last year, but … read more...
Expansion, Record Or Not At All?
via: SeekingAlpha at 2018-07-27 02:41:55:000
We are closing in on a record for economic expansion. It's been talked about more frequently, especially since one has already been reached in the labor market. According to the BLS, there hasn't been a negative employment report since September 2010 (there was one in September last year, but … read more...
Expansion, Record Or Not At All?
via: SeekingAlpha at 2018-07-27 02:41:55:000
We are closing in on a record for economic expansion. It's been talked about more frequently, especially since one has already been reached in the labor market. According to the BLS, there hasn't been a negative employment report since September 2010 (there was one in September last year, but … read more...
Headline Durable Goods Orders Up 1% In June
via: SeekingAlpha at 2018-07-27 02:22:12:000
By Jill Mislinski The Advance Report on Manufacturers' Shipments, Inventories, and Orders released on Thursday gives us a first look at the latest durable goods numbers. Here is the Bureau's summary on new orders: New orders for manufactured durable goods in June increased $2.5 billion … read more...
Headline Durable Goods Orders Up 1% In June
via: SeekingAlpha at 2018-07-27 02:22:12:000
By Jill Mislinski The Advance Report on Manufacturers' Shipments, Inventories, and Orders released on Thursday gives us a first look at the latest durable goods numbers. Here is the Bureau's summary on new orders: New orders for manufactured durable goods in June increased $2.5 billion … read more...
Headline Durable Goods Orders Up 1% In June
via: SeekingAlpha at 2018-07-27 02:22:12:000
By Jill Mislinski The Advance Report on Manufacturers' Shipments, Inventories, and Orders released on Thursday gives us a first look at the latest durable goods numbers. Here is the Bureau's summary on new orders: New orders for manufactured durable goods in June increased $2.5 billion … read more...
Headline Durable Goods Orders Up 1% In June
via: SeekingAlpha at 2018-07-27 02:22:12:000
By Jill Mislinski The Advance Report on Manufacturers' Shipments, Inventories, and Orders released on Thursday gives us a first look at the latest durable goods numbers. Here is the Bureau's summary on new orders: New orders for manufactured durable goods in June increased $2.5 billion … read more...
These Economic Indicators Weakened First Prior To The Last 3 Recessions
via: SeekingAlpha at 2018-07-27 01:07:05:000
Due to my work with the BaR Analysis Grid , I've noticed that prior to recessions there tends to be a group of economic indicators that weakens first and signals a pending recession. This has prompted me to look at the last three recessions to see if this cohort consists of the same ind… read more...
These Economic Indicators Weakened First Prior To The Last 3 Recessions
via: SeekingAlpha at 2018-07-27 01:07:05:000
Due to my work with the BaR Analysis Grid , I've noticed that prior to recessions there tends to be a group of economic indicators that weakens first and signals a pending recession. This has prompted me to look at the last three recessions to see if this cohort consists of the same ind… read more...
These Economic Indicators Weakened First Prior To The Last 3 Recessions
via: SeekingAlpha at 2018-07-27 01:07:05:000
Due to my work with the BaR Analysis Grid , I've noticed that prior to recessions there tends to be a group of economic indicators that weakens first and signals a pending recession. This has prompted me to look at the last three recessions to see if this cohort consists of the same ind… read more...
These Economic Indicators Weakened First Prior To The Last 3 Recessions
via: SeekingAlpha at 2018-07-27 01:07:05:000
Due to my work with the BaR Analysis Grid , I've noticed that prior to recessions there tends to be a group of economic indicators that weakens first and signals a pending recession. This has prompted me to look at the last three recessions to see if this cohort consists of the same ind… read more...
Despite Getting No Respect, U.S. Manufacturing Is Alive And Well With Record Output At Falling Prices
via: SeekingAlpha at 2018-07-24 05:47:21:000
The BEA's report last week on GDP by Industry showed that real manufacturing output (value added) in the US reached an all-time record high of more than $2 trillion (in 2009 dollars) in the first quarter of this year. See related CD post, " De-industrialization? Well, America's thriving manu… read more...
Despite Getting No Respect, U.S. Manufacturing Is Alive And Well With Record Output At Falling Prices
via: SeekingAlpha at 2018-07-24 05:47:21:000
The BEA's report last week on GDP by Industry showed that real manufacturing output (value added) in the US reached an all-time record high of more than $2 trillion (in 2009 dollars) in the first quarter of this year. See related CD post, " De-industrialization? Well, America's thriving manu… read more...
Despite Getting No Respect, U.S. Manufacturing Is Alive And Well With Record Output At Falling Prices
via: SeekingAlpha at 2018-07-24 05:47:21:000
The BEA's report last week on GDP by Industry showed that real manufacturing output (value added) in the US reached an all-time record high of more than $2 trillion (in 2009 dollars) in the first quarter of this year. See related CD post, " De-industrialization? Well, America's thriving manu… read more...
Philly Rebounds
via: SeekingAlpha at 2018-07-19 13:25:44:000
After just barely breaking an 18-month streak of readings above +20 last month, the Philadelphia Fed Manufacturing report rebounded more than expected in July, rising from 19.9 up to 25.7 compared to consensus forecasts for a reading of 21.5. With this month's reading, the Philly Fed reading o… read more...
Philly Rebounds
via: SeekingAlpha at 2018-07-19 13:25:44:000
After just barely breaking an 18-month streak of readings above +20 last month, the Philadelphia Fed Manufacturing report rebounded more than expected in July, rising from 19.9 up to 25.7 compared to consensus forecasts for a reading of 21.5. With this month's reading, the Philly Fed reading o… read more...
Philly Rebounds
via: SeekingAlpha at 2018-07-19 13:25:44:000
After just barely breaking an 18-month streak of readings above +20 last month, the Philadelphia Fed Manufacturing report rebounded more than expected in July, rising from 19.9 up to 25.7 compared to consensus forecasts for a reading of 21.5. With this month's reading, the Philly Fed reading o… read more...
Sentimental Inflationary Reflation
via: SeekingAlpha at 2018-07-18 04:10:14:000
Sentiment surveys such as the ISM's Manufacturing Purchasing Managers Index are not strictly about current levels of production. Even if they were, they still wouldn't be as straightforward as is presented. Rather, the ISM index, or any PMI for that matter, is an amalgam of variables ostensibl… read more...
Gains In Industrial Production Support A Positive Outlook
via: SeekingAlpha at 2018-07-18 03:42:26:000
By Robert Hughes Industrial production jumped 0.6 percent in June, rebounding from a 0.5 percent drop in May. Over the past year, industrial production is up 3.8 percent, continuing a modest upward trend in growth (see chart). The gain helped push capacity utilization up 0.3 percentage poi… read more...
Empire State Manufacturing Survey: Continued Growth In July At Brisk Pace
via: SeekingAlpha at 2018-07-16 10:04:39:000
By Jill Mislinski This morning, we got the latest Empire State Manufacturing Survey . The diffusion index for General Business Conditions at 22.6 was a decrease of 2.4 from the previous month's 25.0. The Investing.com forecast was for a reading of 22.0. The Empire State Manufacturing … read more...
Empire State Manufacturing Survey: Continued Growth In July At Brisk Pace
via: SeekingAlpha at 2018-07-16 10:04:39:000
By Jill Mislinski This morning, we got the latest Empire State Manufacturing Survey . The diffusion index for General Business Conditions at 22.6 was a decrease of 2.4 from the previous month's 25.0. The Investing.com forecast was for a reading of 22.0. The Empire State Manufacturing … read more...
Healthcare upgraded, industrials cut at RBC
via: SeekingAlpha at 2018-07-13 07:53:00:000
Large-cap healthcare (NYSEARCA: XLV ) is the place to be as a stronger dollar is a boon to revenue and it's likely to be less affected by trade worries, says RBC strategist Lori Calvasina, upgrading the sector to Overweight. More news on: Health Care Select Sect SPDR ETF, Industrial Select… read more...
Healthcare upgraded, industrials cut at RBC
via: SeekingAlpha at 2018-07-13 07:53:00:000
Large-cap healthcare (NYSEARCA: XLV ) is the place to be as a stronger dollar is a boon to revenue and it's likely to be less affected by trade worries, says RBC strategist Lori Calvasina, upgrading the sector to Overweight. More news on: Health Care Select Sect SPDR ETF, Industrial Select… read more...
Healthcare upgraded, industrials cut at RBC
via: SeekingAlpha at 2018-07-13 07:53:00:000
Large-cap healthcare (NYSEARCA: XLV ) is the place to be as a stronger dollar is a boon to revenue and it's likely to be less affected by trade worries, says RBC strategist Lori Calvasina, upgrading the sector to Overweight. More news on: Health Care Select Sect SPDR ETF, Industrial Select… read more...
Wisconsin, Tradables, And The Impending Trade War
via: SeekingAlpha at 2018-07-06 02:04:14:000
Editor's note: This article was originally published on July 5, 2018, by Menzie Chinn here . I was wondering how Wisconsin, a steel using (not producing), manufacturing and export dependent state was faring as tariffs and retaliation loomed. Figure 1: Coincident indices for Minneso… read more...
Wisconsin, Tradables, And The Impending Trade War
via: SeekingAlpha at 2018-07-06 02:04:14:000
Editor's note: This article was originally published on July 5, 2018, by Menzie Chinn here . I was wondering how Wisconsin, a steel using (not producing), manufacturing and export dependent state was faring as tariffs and retaliation loomed. Figure 1: Coincident indices for Minneso… read more...
Wisconsin, Tradables, And The Impending Trade War
via: SeekingAlpha at 2018-07-06 02:04:14:000
Editor's note: This article was originally published on July 5, 2018, by Menzie Chinn here . I was wondering how Wisconsin, a steel using (not producing), manufacturing and export dependent state was faring as tariffs and retaliation loomed. Figure 1: Coincident indices for Minneso… read more...
Wisconsin, Tradables, And The Impending Trade War
via: SeekingAlpha at 2018-07-06 02:04:14:000
Editor's note: This article was originally published on July 5, 2018, by Menzie Chinn here . I was wondering how Wisconsin, a steel using (not producing), manufacturing and export dependent state was faring as tariffs and retaliation loomed. Figure 1: Coincident indices for Minneso… read more...
Wisconsin, Tradables, And The Impending Trade War
via: SeekingAlpha at 2018-07-06 02:04:14:000
Editor's note: This article was originally published on July 5, 2018, by Menzie Chinn here . I was wondering how Wisconsin, a steel using (not producing), manufacturing and export dependent state was faring as tariffs and retaliation loomed. Figure 1: Coincident indices for Minneso… read more...
A Pretty Weak 'Stronger-Than-Expected' ISM Services Report
via: SeekingAlpha at 2018-07-06 01:33:15:000
Thursday's release of the ISM Services report for the month of June came in stronger than expected at the headline level, but the internals of the report were somewhat weak. While economists were expecting the headline number to come in at 58.3, the actual reading was 59.1, which was the highe… read more...
A Pretty Weak 'Stronger-Than-Expected' ISM Services Report
via: SeekingAlpha at 2018-07-06 01:33:15:000
Thursday's release of the ISM Services report for the month of June came in stronger than expected at the headline level, but the internals of the report were somewhat weak. While economists were expecting the headline number to come in at 58.3, the actual reading was 59.1, which was the highe… read more...
A Pretty Weak 'Stronger-Than-Expected' ISM Services Report
via: SeekingAlpha at 2018-07-06 01:33:15:000
Thursday's release of the ISM Services report for the month of June came in stronger than expected at the headline level, but the internals of the report were somewhat weak. While economists were expecting the headline number to come in at 58.3, the actual reading was 59.1, which was the highe… read more...
A Pretty Weak 'Stronger-Than-Expected' ISM Services Report
via: SeekingAlpha at 2018-07-06 01:33:15:000
Thursday's release of the ISM Services report for the month of June came in stronger than expected at the headline level, but the internals of the report were somewhat weak. While economists were expecting the headline number to come in at 58.3, the actual reading was 59.1, which was the highe… read more...
A Pretty Weak 'Stronger-Than-Expected' ISM Services Report
via: SeekingAlpha at 2018-07-06 01:33:15:000
Thursday's release of the ISM Services report for the month of June came in stronger than expected at the headline level, but the internals of the report were somewhat weak. While economists were expecting the headline number to come in at 58.3, the actual reading was 59.1, which was the highe… read more...
Markit Services PMI: Business Activity Growth Remains Sharp In June
via: SeekingAlpha at 2018-07-06 01:20:42:000
By Jill Mislinski The June US Services Purchasing Managers' Index conducted by Markit came in at 56.0 percent, down 0.8 from the final May estimate of 56.8. The Investing.com consensus was for 56.5 percent. Markit's Services PMI is a diffusion index: A reading above 50 indicates expansion … read more...
Markit Services PMI: Business Activity Growth Remains Sharp In June
via: SeekingAlpha at 2018-07-06 01:20:42:000
By Jill Mislinski The June US Services Purchasing Managers' Index conducted by Markit came in at 56.0 percent, down 0.8 from the final May estimate of 56.8. The Investing.com consensus was for 56.5 percent. Markit's Services PMI is a diffusion index: A reading above 50 indicates expansion … read more...
Markit Services PMI: Business Activity Growth Remains Sharp In June
via: SeekingAlpha at 2018-07-06 01:20:42:000
By Jill Mislinski The June US Services Purchasing Managers' Index conducted by Markit came in at 56.0 percent, down 0.8 from the final May estimate of 56.8. The Investing.com consensus was for 56.5 percent. Markit's Services PMI is a diffusion index: A reading above 50 indicates expansion … read more...
Markit Services PMI: Business Activity Growth Remains Sharp In June
via: SeekingAlpha at 2018-07-06 01:20:42:000
By Jill Mislinski The June US Services Purchasing Managers' Index conducted by Markit came in at 56.0 percent, down 0.8 from the final May estimate of 56.8. The Investing.com consensus was for 56.5 percent. Markit's Services PMI is a diffusion index: A reading above 50 indicates expansion … read more...
Markit Services PMI: Business Activity Growth Remains Sharp In June
via: SeekingAlpha at 2018-07-06 01:20:42:000
By Jill Mislinski The June US Services Purchasing Managers' Index conducted by Markit came in at 56.0 percent, down 0.8 from the final May estimate of 56.8. The Investing.com consensus was for 56.5 percent. Markit's Services PMI is a diffusion index: A reading above 50 indicates expansion … read more...
The ISM Manufacturing Index Easily Beat Expectations
via: SeekingAlpha at 2018-07-03 10:13:40:000
Every month, I write at least one article about the general trend of the US economy based on the latest ISM manufacturing numbers. This article covers the results for the month of June that came in higher than expected. In addition to another higher ISM number, we get a lot of comments from … read more...
The ISM Manufacturing Index Easily Beat Expectations
via: SeekingAlpha at 2018-07-03 10:13:40:000
Every month, I write at least one article about the general trend of the US economy based on the latest ISM manufacturing numbers. This article covers the results for the month of June that came in higher than expected. In addition to another higher ISM number, we get a lot of comments from … read more...
The ISM Manufacturing Index Easily Beat Expectations
via: SeekingAlpha at 2018-07-03 10:13:40:000
Every month, I write at least one article about the general trend of the US economy based on the latest ISM manufacturing numbers. This article covers the results for the month of June that came in higher than expected. In addition to another higher ISM number, we get a lot of comments from … read more...
ISM Manufacturing Index Surges Past Expectations
via: SeekingAlpha at 2018-07-02 23:39:34:000
Manufacturing activity in the US really saw a bounce in June as the ISM Manufacturing report surged back above 60 from last month's reading of 58.7. This month's reading of 60.2 was well ahead of consensus expectations and was tied for the second highest reading of the current expansion. What'… read more...
ISM Manufacturing Index Surges Past Expectations
via: SeekingAlpha at 2018-07-02 23:39:34:000
Manufacturing activity in the US really saw a bounce in June as the ISM Manufacturing report surged back above 60 from last month's reading of 58.7. This month's reading of 60.2 was well ahead of consensus expectations and was tied for the second highest reading of the current expansion. What'… read more...
ISM Manufacturing Index Surges Past Expectations
via: SeekingAlpha at 2018-07-02 23:39:34:000
Manufacturing activity in the US really saw a bounce in June as the ISM Manufacturing report surged back above 60 from last month's reading of 58.7. This month's reading of 60.2 was well ahead of consensus expectations and was tied for the second highest reading of the current expansion. What'… read more...
Markit Manufacturing PMI: Growth Remains Strong In June
via: SeekingAlpha at 2018-07-02 23:24:32:000
By Jill Mislinski The June US Manufacturing Purchasing Managers' Index conducted by Markit came in at 55.4, down from the 56.4 final May figure. Markit's Manufacturing PMI is a diffusion index: A reading above 50 indicates expansion in the sector; below 50 indicates contraction. Here is… read more...
Markit Manufacturing PMI: Growth Remains Strong In June
via: SeekingAlpha at 2018-07-02 23:24:32:000
By Jill Mislinski The June US Manufacturing Purchasing Managers' Index conducted by Markit came in at 55.4, down from the 56.4 final May figure. Markit's Manufacturing PMI is a diffusion index: A reading above 50 indicates expansion in the sector; below 50 indicates contraction. Here is… read more...
Markit Manufacturing PMI: Growth Remains Strong In June
via: SeekingAlpha at 2018-07-02 23:24:32:000
By Jill Mislinski The June US Manufacturing Purchasing Managers' Index conducted by Markit came in at 55.4, down from the 56.4 final May figure. Markit's Manufacturing PMI is a diffusion index: A reading above 50 indicates expansion in the sector; below 50 indicates contraction. Here is… read more...
ISM Manufacturing Index: Expansion In June
via: SeekingAlpha at 2018-07-02 23:08:57:000
By Jill Mislinski Today the Institute for Supply Management published its monthly Manufacturing Report for June. The latest headline Purchasing Managers Index ((PMI)) was 60.2 percent, an increase of 1.5 percent from 58.7 the previous month. Today's headline number was above the Investin… read more...
ISM Manufacturing Index: Expansion In June
via: SeekingAlpha at 2018-07-02 23:08:57:000
By Jill Mislinski Today the Institute for Supply Management published its monthly Manufacturing Report for June. The latest headline Purchasing Managers Index ((PMI)) was 60.2 percent, an increase of 1.5 percent from 58.7 the previous month. Today's headline number was above the Investin… read more...
ISM Manufacturing Index: Expansion In June
via: SeekingAlpha at 2018-07-02 23:08:57:000
By Jill Mislinski Today the Institute for Supply Management published its monthly Manufacturing Report for June. The latest headline Purchasing Managers Index ((PMI)) was 60.2 percent, an increase of 1.5 percent from 58.7 the previous month. Today's headline number was above the Investin… read more...
Regional Manufacturing Surveys Indicate Strong Economic Growth And Rising Prices
via: SeekingAlpha at 2018-06-29 10:44:59:000
In this article, I will give you my monthly economic outlook based on leading regional manufacturing surveys. I look at five key regional bank surveys every month that tell us what we can expect in terms of economic growth. These regional banks are listed below. New York Philadelphia R… read more...
Regional Manufacturing Surveys Indicate Strong Economic Growth And Rising Prices
via: SeekingAlpha at 2018-06-29 10:44:59:000
In this article, I will give you my monthly economic outlook based on leading regional manufacturing surveys. I look at five key regional bank surveys every month that tell us what we can expect in terms of economic growth. These regional banks are listed below. New York Philadelphia R… read more...
Regional Manufacturing Surveys Indicate Strong Economic Growth And Rising Prices
via: SeekingAlpha at 2018-06-29 10:44:59:000
In this article, I will give you my monthly economic outlook based on leading regional manufacturing surveys. I look at five key regional bank surveys every month that tell us what we can expect in terms of economic growth. These regional banks are listed below. New York Philadelphia R… read more...
Regional Manufacturing Surveys Indicate Strong Economic Growth And Rising Prices
via: SeekingAlpha at 2018-06-29 10:44:59:000
In this article, I will give you my monthly economic outlook based on leading regional manufacturing surveys. I look at five key regional bank surveys every month that tell us what we can expect in terms of economic growth. These regional banks are listed below. New York Philadelphia R… read more...
Revisiting The Revised Revisions
via: SeekingAlpha at 2018-06-28 11:29:12:000
I missed durable goods last month for scheduling reasons, which was a shame, given that May is the month each year for benchmark revisions to the series. Since new estimates under the latest revisions were released today, it seems an appropriate time to revisit the topic of data bias, and why … read more...
Dallas Fed Manufacturing Outlook: Continued Expansion In June
via: SeekingAlpha at 2018-06-28 01:29:46:000
By Jill Mislinski Monday morning the Dallas Fed released its Texas Manufacturing Outlook Survey ((TMOS)) for June. The latest general business activity index came in at 36.5, up from 26.8 in May. All figures are seasonally adjusted. Here is an excerpt from the latest report : … read more...
IHS Markit U.S. PMI Survey Signals Weakening Manufacturing Trend
via: SeekingAlpha at 2018-06-27 06:29:08:000
An overall solid performance of the US economy in June masks a slowdown trend in manufacturing, with PMI survey respondents reporting weaker output and order book growth alongside rising prices and increasingly widespread supply delays. IHS Markit's PMI surveys indicated another month of rob… read more...
Biggest Miss In Philly Fed In Over 2 Years
via: SeekingAlpha at 2018-06-22 01:29:49:000
Thursday's Philadelphia Fed Manufacturing report was a disappointment for a number of reasons. For starters, the headline reading came in weaker than expected, at a level of 19.9 versus estimates for a reading of 29.0. Relative to expectations, that was the biggest miss since April 2016. The o… read more...
Biggest Miss In Philly Fed In Over 2 Years
via: SeekingAlpha at 2018-06-22 01:29:49:000
Thursday's Philadelphia Fed Manufacturing report was a disappointment for a number of reasons. For starters, the headline reading came in weaker than expected, at a level of 19.9 versus estimates for a reading of 29.0. Relative to expectations, that was the biggest miss since April 2016. The o… read more...
Biggest Miss In Philly Fed In Over 2 Years
via: SeekingAlpha at 2018-06-22 01:29:49:000
Thursday's Philadelphia Fed Manufacturing report was a disappointment for a number of reasons. For starters, the headline reading came in weaker than expected, at a level of 19.9 versus estimates for a reading of 29.0. Relative to expectations, that was the biggest miss since April 2016. The o… read more...
Biggest Miss In Philly Fed In Over 2 Years
via: SeekingAlpha at 2018-06-22 01:29:49:000
Thursday's Philadelphia Fed Manufacturing report was a disappointment for a number of reasons. For starters, the headline reading came in weaker than expected, at a level of 19.9 versus estimates for a reading of 29.0. Relative to expectations, that was the biggest miss since April 2016. The o… read more...
Biggest Miss In Philly Fed In Over 2 Years
via: SeekingAlpha at 2018-06-22 01:29:49:000
Thursday's Philadelphia Fed Manufacturing report was a disappointment for a number of reasons. For starters, the headline reading came in weaker than expected, at a level of 19.9 versus estimates for a reading of 29.0. Relative to expectations, that was the biggest miss since April 2016. The o… read more...
First Trust declares quarterly distributions
via: SeekingAlpha at 2018-06-21 10:40:10:000
First Trust RBA American Industrial RenaissanceETF (NASDAQ: AIRR ) - $0.0196. First Trust Dorsey Wright DALI 1 ETF ( DALI ) - $0.0180. First Trust Nasdaq Retail ETF (NASDAQ: FTXD ) - $0.0330. First Trust Nasdaq Food & Beverage ETF (NASDAQ: FTXG ) - $0.0461. First Trust Nasd… read more...
Manufacturers' Optimism At Record High Too
via: SeekingAlpha at 2018-06-21 02:31:29:000
Last week I noted the NFIB Small Business Optimism Index reached the second-highest level in its 45-year history . As a follow-on, the National Association of Manufacturers released their Second Quarter Outlook Survey yesterday and reported manufacturers' optimism registered 95.1%, the high… read more...
First Trust Advisors L.P. Announces Distributions for Exchange-Traded Funds
via: Business Wire at 2018-06-20 17:15:00:000
First Trust Advisors L.P. ("FTA") announces the declaration of distributions for 121 exchange-traded funds (each a Fund, and collectively, the Funds) advised by FTA. The following dates apply to today's distribution declarations: FTA is a federally reg… read more...
There Isn't Supposed To Be The 2 Directions Of IP
via: SeekingAlpha at 2018-06-16 11:11:29:000
US Industrial Production dipped in May 2018. It was the first monthly drop since January. Year over year, IP was up just 3.5% from May 2017, down from 3.6% in each of prior three months. The reason for the soft spot was that American industry is being pulled in different directions by the two … read more...
There Isn't Supposed To Be The 2 Directions Of IP
via: SeekingAlpha at 2018-06-16 11:11:29:000
US Industrial Production dipped in May 2018. It was the first monthly drop since January. Year over year, IP was up just 3.5% from May 2017, down from 3.6% in each of prior three months. The reason for the soft spot was that American industry is being pulled in different directions by the two … read more...
There Isn't Supposed To Be The 2 Directions Of IP
via: SeekingAlpha at 2018-06-16 11:11:29:000
US Industrial Production dipped in May 2018. It was the first monthly drop since January. Year over year, IP was up just 3.5% from May 2017, down from 3.6% in each of prior three months. The reason for the soft spot was that American industry is being pulled in different directions by the two … read more...
There Isn't Supposed To Be The 2 Directions Of IP
via: SeekingAlpha at 2018-06-16 11:11:29:000
US Industrial Production dipped in May 2018. It was the first monthly drop since January. Year over year, IP was up just 3.5% from May 2017, down from 3.6% in each of prior three months. The reason for the soft spot was that American industry is being pulled in different directions by the two … read more...
Sweet 16 For Empire Manufacturing
via: SeekingAlpha at 2018-06-16 01:24:55:000
Today's Empire Manufacturing report for the month of June came in higher than expected with the headline General Business Conditions Index hitting its highest level since October. While economists were forecasting the headline number to come in at a level of 18.8, the actual reading came in at… read more...
Sweet 16 For Empire Manufacturing
via: SeekingAlpha at 2018-06-16 01:24:55:000
Today's Empire Manufacturing report for the month of June came in higher than expected with the headline General Business Conditions Index hitting its highest level since October. While economists were forecasting the headline number to come in at a level of 18.8, the actual reading came in at… read more...
Sweet 16 For Empire Manufacturing
via: SeekingAlpha at 2018-06-16 01:24:55:000
Today's Empire Manufacturing report for the month of June came in higher than expected with the headline General Business Conditions Index hitting its highest level since October. While economists were forecasting the headline number to come in at a level of 18.8, the actual reading came in at… read more...
Sweet 16 For Empire Manufacturing
via: SeekingAlpha at 2018-06-16 01:24:55:000
Today's Empire Manufacturing report for the month of June came in higher than expected with the headline General Business Conditions Index hitting its highest level since October. While economists were forecasting the headline number to come in at a level of 18.8, the actual reading came in at… read more...
Is Copper All About Escondida?
via: SeekingAlpha at 2018-06-14 06:00:00:000
Last week, the price of copper exploded to the upside. On May 30 the red metal was trading at a low of $3.01 per pound on the nearby July COMEX futures contract which was close to the March 26 low and level of critical technical support at $2.9585 per pound. Meanwhile, over the next eight trad… read more...
Is Copper All About Escondida?
via: SeekingAlpha at 2018-06-14 06:00:00:000
Last week, the price of copper exploded to the upside. On May 30 the red metal was trading at a low of $3.01 per pound on the nearby July COMEX futures contract which was close to the March 26 low and level of critical technical support at $2.9585 per pound. Meanwhile, over the next eight trad… read more...
ISM Non-Manufacturing: Continued Growth In May
via: SeekingAlpha at 2018-06-06 05:11:29:000
The Institute of Supply Management (ISM) has now released the May Non-Manufacturing Purchasing Managers' Index (PMI), also known as the ISM Services PMI. The headline Composite Index is at 58.6 percent, up 1.8 from 56.8 last month. Today's number came in below the Investing.com forecast of 5… read more...
ISM Non-Manufacturing: Continued Growth In May
via: SeekingAlpha at 2018-06-06 05:11:29:000
The Institute of Supply Management (ISM) has now released the May Non-Manufacturing Purchasing Managers' Index (PMI), also known as the ISM Services PMI. The headline Composite Index is at 58.6 percent, up 1.8 from 56.8 last month. Today's number came in below the Investing.com forecast of 5… read more...
ISM Non-Manufacturing: Continued Growth In May
via: SeekingAlpha at 2018-06-06 05:11:29:000
The Institute of Supply Management (ISM) has now released the May Non-Manufacturing Purchasing Managers' Index (PMI), also known as the ISM Services PMI. The headline Composite Index is at 58.6 percent, up 1.8 from 56.8 last month. Today's number came in below the Investing.com forecast of 5… read more...
ISM Non-Manufacturing: Continued Growth In May
via: SeekingAlpha at 2018-06-06 05:11:29:000
The Institute of Supply Management (ISM) has now released the May Non-Manufacturing Purchasing Managers' Index (PMI), also known as the ISM Services PMI. The headline Composite Index is at 58.6 percent, up 1.8 from 56.8 last month. Today's number came in below the Investing.com forecast of 5… read more...
ISM Services Report Tops Expectations
via: SeekingAlpha at 2018-06-05 13:45:04:000
Similar to the ISM Manufacturing report, which bounced back from two straight months of m/m declines, the ISM Non-Manufacturing report also rebounded in May, erasing a three-month streak of losses. While economists were forecasting the headline index to come in at 57.7, the actual reading was … read more...
Corrective Pressures Weigh On The Dollar
via: SeekingAlpha at 2018-06-04 07:09:32:000
The US dollar is broadly lower as corrective forces that were becoming evident in the second half of last week have carried over into today's activity. The greenback is lower against all the major and most emerging market currencies. Global equities have begun the new week on firm footing, a… read more...
May Regional Fed Manufacturing Overview
via: SeekingAlpha at 2018-05-30 06:55:29:000
By Jill Mislinski Five out of the twelve Federal Reserve Regional Districts currently publish monthly data on regional manufacturing: Dallas, Kansas City, New York, Richmond, and Philadelphia. Regional manufacturing surveys are a measure of local economic health and are used as a repre… read more...
May Regional Fed Manufacturing Overview
via: SeekingAlpha at 2018-05-30 06:55:29:000
By Jill Mislinski Five out of the twelve Federal Reserve Regional Districts currently publish monthly data on regional manufacturing: Dallas, Kansas City, New York, Richmond, and Philadelphia. Regional manufacturing surveys are a measure of local economic health and are used as a repre… read more...
May Regional Fed Manufacturing Overview
via: SeekingAlpha at 2018-05-30 06:55:29:000
By Jill Mislinski Five out of the twelve Federal Reserve Regional Districts currently publish monthly data on regional manufacturing: Dallas, Kansas City, New York, Richmond, and Philadelphia. Regional manufacturing surveys are a measure of local economic health and are used as a repre… read more...
Dallas Fed Manufacturing Outlook: Overall Activity Rose In May
via: SeekingAlpha at 2018-05-30 04:21:18:000
By Jill Mislinski On Tuesday morning, the Dallas Fed released its Texas Manufacturing Outlook Survey (TMOS) for May. The latest general business activity index came in at 26.8, up from 21.8 in April. All figures are seasonally adjusted. Here is an excerpt from the latest report : … read more...
Dallas Fed Manufacturing Outlook: Overall Activity Rose In May
via: SeekingAlpha at 2018-05-30 04:21:18:000
By Jill Mislinski On Tuesday morning, the Dallas Fed released its Texas Manufacturing Outlook Survey (TMOS) for May. The latest general business activity index came in at 26.8, up from 21.8 in April. All figures are seasonally adjusted. Here is an excerpt from the latest report : … read more...
Dallas Fed Manufacturing Outlook: Overall Activity Rose In May
via: SeekingAlpha at 2018-05-30 04:21:18:000
By Jill Mislinski On Tuesday morning, the Dallas Fed released its Texas Manufacturing Outlook Survey (TMOS) for May. The latest general business activity index came in at 26.8, up from 21.8 in April. All figures are seasonally adjusted. Here is an excerpt from the latest report : … read more...
IHS Markit U.S. Manufacturing PMI Survey Shows Price Pressures Building Amid Capacity Constraints
via: SeekingAlpha at 2018-05-24 08:42:50:000
IHS Markit's manufacturing PMI survey indicated further robust output growth and strong hiring momentum during May, according to preliminary flash data, but also highlighted how record supply chain delays are driving inflationary pressures higher. PMI close to four-year high The flash IHS … read more...
IHS Markit U.S. Manufacturing PMI Survey Shows Price Pressures Building Amid Capacity Constraints
via: SeekingAlpha at 2018-05-24 08:42:50:000
IHS Markit's manufacturing PMI survey indicated further robust output growth and strong hiring momentum during May, according to preliminary flash data, but also highlighted how record supply chain delays are driving inflationary pressures higher. PMI close to four-year high The flash IHS … read more...
IHS Markit U.S. Manufacturing PMI Survey Shows Price Pressures Building Amid Capacity Constraints
via: SeekingAlpha at 2018-05-24 08:42:50:000
IHS Markit's manufacturing PMI survey indicated further robust output growth and strong hiring momentum during May, according to preliminary flash data, but also highlighted how record supply chain delays are driving inflationary pressures higher. PMI close to four-year high The flash IHS … read more...
IHS Markit U.S. Manufacturing PMI Survey Shows Price Pressures Building Amid Capacity Constraints
via: SeekingAlpha at 2018-05-24 08:42:50:000
IHS Markit's manufacturing PMI survey indicated further robust output growth and strong hiring momentum during May, according to preliminary flash data, but also highlighted how record supply chain delays are driving inflationary pressures higher. PMI close to four-year high The flash IHS … read more...
IHS Markit U.S. Manufacturing PMI Survey Shows Price Pressures Building Amid Capacity Constraints
via: SeekingAlpha at 2018-05-24 08:42:50:000
IHS Markit's manufacturing PMI survey indicated further robust output growth and strong hiring momentum during May, according to preliminary flash data, but also highlighted how record supply chain delays are driving inflationary pressures higher. PMI close to four-year high The flash IHS … read more...
IHS Markit U.S. Manufacturing PMI Survey Shows Price Pressures Building Amid Capacity Constraints
via: SeekingAlpha at 2018-05-24 08:42:50:000
IHS Markit's manufacturing PMI survey indicated further robust output growth and strong hiring momentum during May, according to preliminary flash data, but also highlighted how record supply chain delays are driving inflationary pressures higher. PMI close to four-year high The flash IHS … read more...
IHS Markit U.S. Manufacturing PMI Survey Shows Price Pressures Building Amid Capacity Constraints
via: SeekingAlpha at 2018-05-24 08:42:50:000
IHS Markit's manufacturing PMI survey indicated further robust output growth and strong hiring momentum during May, according to preliminary flash data, but also highlighted how record supply chain delays are driving inflationary pressures higher. PMI close to four-year high The flash IHS … read more...
Avoiding The Landmines: A Roundtable With J Mintzmyer And Team
via: SeekingAlpha at 2018-05-24 07:30:00:000
The shipping and industrials sectors are complex - you have to wade in deep to understand all of the moving parts. And there are a lot of them. With the U.S.-China trade war at a standstill (at the time of writing, Wednesday, May 23, 2018), renewed sanctions for Iran and threats of sanctions f… read more...
Avoiding The Landmines: A Roundtable With J Mintzmyer And Team
via: SeekingAlpha at 2018-05-24 07:30:00:000
The shipping and industrials sectors are complex - you have to wade in deep to understand all of the moving parts. And there are a lot of them. With the U.S.-China trade war at a standstill (at the time of writing, Wednesday, May 23, 2018), renewed sanctions for Iran and threats of sanctions f… read more...
Avoiding The Landmines: A Roundtable With J Mintzmyer And Team
via: SeekingAlpha at 2018-05-24 07:30:00:000
The shipping and industrials sectors are complex - you have to wade in deep to understand all of the moving parts. And there are a lot of them. With the U.S.-China trade war at a standstill (at the time of writing, Wednesday, May 23, 2018), renewed sanctions for Iran and threats of sanctions f… read more...
Avoiding The Landmines: A Roundtable With J Mintzmyer And Team
via: SeekingAlpha at 2018-05-24 07:30:00:000
The shipping and industrials sectors are complex - you have to wade in deep to understand all of the moving parts. And there are a lot of them. With the U.S.-China trade war at a standstill (at the time of writing, Wednesday, May 23, 2018), renewed sanctions for Iran and threats of sanctions f… read more...
Avoiding The Landmines: A Roundtable With J Mintzmyer And Team
via: SeekingAlpha at 2018-05-24 07:30:00:000
The shipping and industrials sectors are complex - you have to wade in deep to understand all of the moving parts. And there are a lot of them. With the U.S.-China trade war at a standstill (at the time of writing, Wednesday, May 23, 2018), renewed sanctions for Iran and threats of sanctions f… read more...
Avoiding The Landmines: A Roundtable With J Mintzmyer And Team
via: SeekingAlpha at 2018-05-24 07:30:00:000
The shipping and industrials sectors are complex - you have to wade in deep to understand all of the moving parts. And there are a lot of them. With the U.S.-China trade war at a standstill (at the time of writing, Wednesday, May 23, 2018), renewed sanctions for Iran and threats of sanctions f… read more...
Avoiding The Landmines: A Roundtable With J Mintzmyer And Team
via: SeekingAlpha at 2018-05-24 07:30:00:000
The shipping and industrials sectors are complex - you have to wade in deep to understand all of the moving parts. And there are a lot of them. With the U.S.-China trade war at a standstill (at the time of writing, Wednesday, May 23, 2018), renewed sanctions for Iran and threats of sanctions f… read more...
Richmond Fed Manufacturing: Robust Growth In May
via: SeekingAlpha at 2018-05-23 01:47:53:000
By Jill Mislinski Today, the Richmond Fed Manufacturing Composite Index jumped to 16 for the month of April, up from last month's -3. Investing.com had forecast 9. Because of the highly volatile nature of this index, we include a 3-month moving average to facilitate the identification of t… read more...
Richmond Fed Manufacturing: Robust Growth In May
via: SeekingAlpha at 2018-05-23 01:47:53:000
By Jill Mislinski Today, the Richmond Fed Manufacturing Composite Index jumped to 16 for the month of April, up from last month's -3. Investing.com had forecast 9. Because of the highly volatile nature of this index, we include a 3-month moving average to facilitate the identification of t… read more...
Richmond Fed Manufacturing: Robust Growth In May
via: SeekingAlpha at 2018-05-23 01:47:53:000
By Jill Mislinski Today, the Richmond Fed Manufacturing Composite Index jumped to 16 for the month of April, up from last month's -3. Investing.com had forecast 9. Because of the highly volatile nature of this index, we include a 3-month moving average to facilitate the identification of t… read more...
Richmond Fed Manufacturing: Robust Growth In May
via: SeekingAlpha at 2018-05-23 01:47:53:000
By Jill Mislinski Today, the Richmond Fed Manufacturing Composite Index jumped to 16 for the month of April, up from last month's -3. Investing.com had forecast 9. Because of the highly volatile nature of this index, we include a 3-month moving average to facilitate the identification of t… read more...
Richmond Fed Manufacturing: Robust Growth In May
via: SeekingAlpha at 2018-05-23 01:47:53:000
By Jill Mislinski Today, the Richmond Fed Manufacturing Composite Index jumped to 16 for the month of April, up from last month's -3. Investing.com had forecast 9. Because of the highly volatile nature of this index, we include a 3-month moving average to facilitate the identification of t… read more...
Richmond Fed Manufacturing: Robust Growth In May
via: SeekingAlpha at 2018-05-23 01:47:53:000
By Jill Mislinski Today, the Richmond Fed Manufacturing Composite Index jumped to 16 for the month of April, up from last month's -3. Investing.com had forecast 9. Because of the highly volatile nature of this index, we include a 3-month moving average to facilitate the identification of t… read more...
Richmond Fed Manufacturing: Robust Growth In May
via: SeekingAlpha at 2018-05-23 01:47:53:000
By Jill Mislinski Today, the Richmond Fed Manufacturing Composite Index jumped to 16 for the month of April, up from last month's -3. Investing.com had forecast 9. Because of the highly volatile nature of this index, we include a 3-month moving average to facilitate the identification of t… read more...
Industrial Production Growth - As Good As It Gets?
via: SeekingAlpha at 2018-05-21 13:46:17:000
Two months ago, I wrote an article about industrial production. Back then, I mentioned growth acceleration and a favorable trend in every major segment. This month I once again see strong growth. However, the risks of a growth peak are rapidly rising. Source: ANZBAI Why A Growth Peak I… read more...
Industrial Production Growth - As Good As It Gets?
via: SeekingAlpha at 2018-05-21 13:46:17:000
Two months ago, I wrote an article about industrial production. Back then, I mentioned growth acceleration and a favorable trend in every major segment. This month I once again see strong growth. However, the risks of a growth peak are rapidly rising. Source: ANZBAI Why A Growth Peak I… read more...
Industrial Production Growth - As Good As It Gets?
via: SeekingAlpha at 2018-05-21 13:46:17:000
Two months ago, I wrote an article about industrial production. Back then, I mentioned growth acceleration and a favorable trend in every major segment. This month I once again see strong growth. However, the risks of a growth peak are rapidly rising. Source: ANZBAI Why A Growth Peak I… read more...
Industrial Production Growth - As Good As It Gets?
via: SeekingAlpha at 2018-05-21 13:46:17:000
Two months ago, I wrote an article about industrial production. Back then, I mentioned growth acceleration and a favorable trend in every major segment. This month I once again see strong growth. However, the risks of a growth peak are rapidly rising. Source: ANZBAI Why A Growth Peak I… read more...
Industrial Production Growth - As Good As It Gets?
via: SeekingAlpha at 2018-05-21 13:46:17:000
Two months ago, I wrote an article about industrial production. Back then, I mentioned growth acceleration and a favorable trend in every major segment. This month I once again see strong growth. However, the risks of a growth peak are rapidly rising. Source: ANZBAI Why A Growth Peak I… read more...
Industrial Production Growth - As Good As It Gets?
via: SeekingAlpha at 2018-05-21 13:46:17:000
Two months ago, I wrote an article about industrial production. Back then, I mentioned growth acceleration and a favorable trend in every major segment. This month I once again see strong growth. However, the risks of a growth peak are rapidly rising. Source: ANZBAI Why A Growth Peak I… read more...
Industrial Production Growth - As Good As It Gets?
via: SeekingAlpha at 2018-05-21 13:46:17:000
Two months ago, I wrote an article about industrial production. Back then, I mentioned growth acceleration and a favorable trend in every major segment. This month I once again see strong growth. However, the risks of a growth peak are rapidly rising. Source: ANZBAI Why A Growth Peak I… read more...
Philly Fed Manufacturing Index: Growth Picks Up In May
via: SeekingAlpha at 2018-05-18 01:04:37:000
By Jill Mislinski The Philly Fed's Manufacturing Business Outlook Survey is a monthly report for the Third Federal Reserve District, covers eastern Pennsylvania, southern New Jersey, and Delaware. While it focuses exclusively on business in this district, this regional survey gives a gen… read more...
Philly Fed Manufacturing Index: Growth Picks Up In May
via: SeekingAlpha at 2018-05-18 01:04:37:000
By Jill Mislinski The Philly Fed's Manufacturing Business Outlook Survey is a monthly report for the Third Federal Reserve District, covers eastern Pennsylvania, southern New Jersey, and Delaware. While it focuses exclusively on business in this district, this regional survey gives a gen… read more...
Philly Fed Manufacturing Index: Growth Picks Up In May
via: SeekingAlpha at 2018-05-18 01:04:37:000
By Jill Mislinski The Philly Fed's Manufacturing Business Outlook Survey is a monthly report for the Third Federal Reserve District, covers eastern Pennsylvania, southern New Jersey, and Delaware. While it focuses exclusively on business in this district, this regional survey gives a gen… read more...
Philly Fed Manufacturing Index: Growth Picks Up In May
via: SeekingAlpha at 2018-05-18 01:04:37:000
By Jill Mislinski The Philly Fed's Manufacturing Business Outlook Survey is a monthly report for the Third Federal Reserve District, covers eastern Pennsylvania, southern New Jersey, and Delaware. While it focuses exclusively on business in this district, this regional survey gives a gen… read more...
Philly Fed Manufacturing Index: Growth Picks Up In May
via: SeekingAlpha at 2018-05-18 01:04:37:000
By Jill Mislinski The Philly Fed's Manufacturing Business Outlook Survey is a monthly report for the Third Federal Reserve District, covers eastern Pennsylvania, southern New Jersey, and Delaware. While it focuses exclusively on business in this district, this regional survey gives a gen… read more...
Philly Fed Manufacturing Index: Growth Picks Up In May
via: SeekingAlpha at 2018-05-18 01:04:37:000
By Jill Mislinski The Philly Fed's Manufacturing Business Outlook Survey is a monthly report for the Third Federal Reserve District, covers eastern Pennsylvania, southern New Jersey, and Delaware. While it focuses exclusively on business in this district, this regional survey gives a gen… read more...
Philly Fed Manufacturing Index: Growth Picks Up In May
via: SeekingAlpha at 2018-05-18 01:04:37:000
By Jill Mislinski The Philly Fed's Manufacturing Business Outlook Survey is a monthly report for the Third Federal Reserve District, covers eastern Pennsylvania, southern New Jersey, and Delaware. While it focuses exclusively on business in this district, this regional survey gives a gen… read more...
Philly Fed Manufacturing Index: Growth Picks Up In May
via: SeekingAlpha at 2018-05-18 01:04:37:000
By Jill Mislinski The Philly Fed's Manufacturing Business Outlook Survey is a monthly report for the Third Federal Reserve District, covers eastern Pennsylvania, southern New Jersey, and Delaware. While it focuses exclusively on business in this district, this regional survey gives a gen… read more...
Philly Fed Manufacturing Index: Growth Picks Up In May
via: SeekingAlpha at 2018-05-18 01:04:37:000
By Jill Mislinski The Philly Fed's Manufacturing Business Outlook Survey is a monthly report for the Third Federal Reserve District, covers eastern Pennsylvania, southern New Jersey, and Delaware. While it focuses exclusively on business in this district, this regional survey gives a gen… read more...
Philly Fed Manufacturing Index: Growth Picks Up In May
via: SeekingAlpha at 2018-05-18 01:04:37:000
By Jill Mislinski The Philly Fed's Manufacturing Business Outlook Survey is a monthly report for the Third Federal Reserve District, covers eastern Pennsylvania, southern New Jersey, and Delaware. While it focuses exclusively on business in this district, this regional survey gives a gen… read more...
Philly Fed Manufacturing Index: Growth Picks Up In May
via: SeekingAlpha at 2018-05-18 01:04:37:000
By Jill Mislinski The Philly Fed's Manufacturing Business Outlook Survey is a monthly report for the Third Federal Reserve District, covers eastern Pennsylvania, southern New Jersey, and Delaware. While it focuses exclusively on business in this district, this regional survey gives a gen… read more...
Philly Feeling Fine
via: SeekingAlpha at 2018-05-18 00:43:02:000
After a better-than-expected Empire Manufacturing report on Tuesday, Thursday's release of the Philly Fed Manufacturing report also came in better than expected (34.4 vs. 21.0), and was up from last month's reading of 23.2. What makes this month impressive is that it now represents the 18th st… read more...
Philly Feeling Fine
via: SeekingAlpha at 2018-05-18 00:43:02:000
After a better-than-expected Empire Manufacturing report on Tuesday, Thursday's release of the Philly Fed Manufacturing report also came in better than expected (34.4 vs. 21.0), and was up from last month's reading of 23.2. What makes this month impressive is that it now represents the 18th st… read more...
Philly Feeling Fine
via: SeekingAlpha at 2018-05-18 00:43:02:000
After a better-than-expected Empire Manufacturing report on Tuesday, Thursday's release of the Philly Fed Manufacturing report also came in better than expected (34.4 vs. 21.0), and was up from last month's reading of 23.2. What makes this month impressive is that it now represents the 18th st… read more...
Philly Feeling Fine
via: SeekingAlpha at 2018-05-18 00:43:02:000
After a better-than-expected Empire Manufacturing report on Tuesday, Thursday's release of the Philly Fed Manufacturing report also came in better than expected (34.4 vs. 21.0), and was up from last month's reading of 23.2. What makes this month impressive is that it now represents the 18th st… read more...
Philly Feeling Fine
via: SeekingAlpha at 2018-05-18 00:43:02:000
After a better-than-expected Empire Manufacturing report on Tuesday, Thursday's release of the Philly Fed Manufacturing report also came in better than expected (34.4 vs. 21.0), and was up from last month's reading of 23.2. What makes this month impressive is that it now represents the 18th st… read more...
Philly Feeling Fine
via: SeekingAlpha at 2018-05-18 00:43:02:000
After a better-than-expected Empire Manufacturing report on Tuesday, Thursday's release of the Philly Fed Manufacturing report also came in better than expected (34.4 vs. 21.0), and was up from last month's reading of 23.2. What makes this month impressive is that it now represents the 18th st… read more...
Philly Feeling Fine
via: SeekingAlpha at 2018-05-18 00:43:02:000
After a better-than-expected Empire Manufacturing report on Tuesday, Thursday's release of the Philly Fed Manufacturing report also came in better than expected (34.4 vs. 21.0), and was up from last month's reading of 23.2. What makes this month impressive is that it now represents the 18th st… read more...
Philly Feeling Fine
via: SeekingAlpha at 2018-05-18 00:43:02:000
After a better-than-expected Empire Manufacturing report on Tuesday, Thursday's release of the Philly Fed Manufacturing report also came in better than expected (34.4 vs. 21.0), and was up from last month's reading of 23.2. What makes this month impressive is that it now represents the 18th st… read more...
Philly Feeling Fine
via: SeekingAlpha at 2018-05-18 00:43:02:000
After a better-than-expected Empire Manufacturing report on Tuesday, Thursday's release of the Philly Fed Manufacturing report also came in better than expected (34.4 vs. 21.0), and was up from last month's reading of 23.2. What makes this month impressive is that it now represents the 18th st… read more...
Philly Feeling Fine
via: SeekingAlpha at 2018-05-18 00:43:02:000
After a better-than-expected Empire Manufacturing report on Tuesday, Thursday's release of the Philly Fed Manufacturing report also came in better than expected (34.4 vs. 21.0), and was up from last month's reading of 23.2. What makes this month impressive is that it now represents the 18th st… read more...
Philly Feeling Fine
via: SeekingAlpha at 2018-05-18 00:43:02:000
After a better-than-expected Empire Manufacturing report on Tuesday, Thursday's release of the Philly Fed Manufacturing report also came in better than expected (34.4 vs. 21.0), and was up from last month's reading of 23.2. What makes this month impressive is that it now represents the 18th st… read more...
Globally Synchronized Asynchronous Growth
via: SeekingAlpha at 2018-05-17 08:57:27:000
Industrial Production in the United States rose 3.5% year over year in April 2018, down slightly from a revised 3.7% rise in March. Since accelerating to 3.4% growth back in November 2017, US industry has failed to experience much beyond that clear hurricane-related boost. IP for prior months,… read more...
Globally Synchronized Asynchronous Growth
via: SeekingAlpha at 2018-05-17 08:57:27:000
Industrial Production in the United States rose 3.5% year over year in April 2018, down slightly from a revised 3.7% rise in March. Since accelerating to 3.4% growth back in November 2017, US industry has failed to experience much beyond that clear hurricane-related boost. IP for prior months,… read more...
Globally Synchronized Asynchronous Growth
via: SeekingAlpha at 2018-05-17 08:57:27:000
Industrial Production in the United States rose 3.5% year over year in April 2018, down slightly from a revised 3.7% rise in March. Since accelerating to 3.4% growth back in November 2017, US industry has failed to experience much beyond that clear hurricane-related boost. IP for prior months,… read more...
U.S. Industrial Output Boosts Q2 Growth Hopes
via: SeekingAlpha at 2018-05-17 05:43:34:000
By James Knightley, Chief International Economist The US consumer is in good spirits and industry appears to be, too. It increasingly looks as though the US economy is rebounding sharply in 2Q18. US industrial production rose 0.7% month on month in April, a touch above the 0.6% mar… read more...
U.S. Industrial Output Boosts Q2 Growth Hopes
via: SeekingAlpha at 2018-05-17 05:43:34:000
By James Knightley, Chief International Economist The US consumer is in good spirits and industry appears to be, too. It increasingly looks as though the US economy is rebounding sharply in 2Q18. US industrial production rose 0.7% month on month in April, a touch above the 0.6% mar… read more...
U.S. Industrial Output Boosts Q2 Growth Hopes
via: SeekingAlpha at 2018-05-17 05:43:34:000
By James Knightley, Chief International Economist The US consumer is in good spirits and industry appears to be, too. It increasingly looks as though the US economy is rebounding sharply in 2Q18. US industrial production rose 0.7% month on month in April, a touch above the 0.6% mar… read more...
Empire State Manufacturing Survey: Growth Strengthened In May
via: SeekingAlpha at 2018-05-16 01:09:33:000
By Jill Mislinski Tuesday morning we got the latest Empire State Manufacturing Survey . The diffusion index for General Business Conditions at 20.1 was an increase of 4.3 from the previous month's 15.8. The Investing.com forecast was for a reading of 15.1. The Empire State Manufacturi… read more...
Empire State Manufacturing Survey: Growth Strengthened In May
via: SeekingAlpha at 2018-05-16 01:09:33:000
By Jill Mislinski Tuesday morning we got the latest Empire State Manufacturing Survey . The diffusion index for General Business Conditions at 20.1 was an increase of 4.3 from the previous month's 15.8. The Investing.com forecast was for a reading of 15.1. The Empire State Manufacturi… read more...
Empire State Manufacturing Survey: Growth Strengthened In May
via: SeekingAlpha at 2018-05-16 01:09:33:000
By Jill Mislinski Tuesday morning we got the latest Empire State Manufacturing Survey . The diffusion index for General Business Conditions at 20.1 was an increase of 4.3 from the previous month's 15.8. The Investing.com forecast was for a reading of 15.1. The Empire State Manufacturi… read more...
Empire State Manufacturing Survey: Growth Strengthened In May
via: SeekingAlpha at 2018-05-16 01:09:33:000
By Jill Mislinski Tuesday morning we got the latest Empire State Manufacturing Survey . The diffusion index for General Business Conditions at 20.1 was an increase of 4.3 from the previous month's 15.8. The Investing.com forecast was for a reading of 15.1. The Empire State Manufacturi… read more...
Empire State Manufacturing Survey: Growth Strengthened In May
via: SeekingAlpha at 2018-05-16 01:09:33:000
By Jill Mislinski Tuesday morning we got the latest Empire State Manufacturing Survey . The diffusion index for General Business Conditions at 20.1 was an increase of 4.3 from the previous month's 15.8. The Investing.com forecast was for a reading of 15.1. The Empire State Manufacturi… read more...
Empire State Manufacturing Survey: Growth Strengthened In May
via: SeekingAlpha at 2018-05-16 01:09:33:000
By Jill Mislinski Tuesday morning we got the latest Empire State Manufacturing Survey . The diffusion index for General Business Conditions at 20.1 was an increase of 4.3 from the previous month's 15.8. The Investing.com forecast was for a reading of 15.1. The Empire State Manufacturi… read more...
Empire State Manufacturing Survey: Growth Strengthened In May
via: SeekingAlpha at 2018-05-16 01:09:33:000
By Jill Mislinski Tuesday morning we got the latest Empire State Manufacturing Survey . The diffusion index for General Business Conditions at 20.1 was an increase of 4.3 from the previous month's 15.8. The Investing.com forecast was for a reading of 15.1. The Empire State Manufacturi… read more...
Empire Manufacturing Report Better Than Expected
via: SeekingAlpha at 2018-05-16 01:07:45:000
Tuesday's release of the Empire Manufacturing report for the month of May came in better than expected, with the headline index rising back up to 20.1 from last month's level of 15.8. Economists, meanwhile, were looking for a modest decline. You may recall that in last month's report, we saw e… read more...
Empire Manufacturing Report Better Than Expected
via: SeekingAlpha at 2018-05-16 01:07:45:000
Tuesday's release of the Empire Manufacturing report for the month of May came in better than expected, with the headline index rising back up to 20.1 from last month's level of 15.8. Economists, meanwhile, were looking for a modest decline. You may recall that in last month's report, we saw e… read more...
Empire Manufacturing Report Better Than Expected
via: SeekingAlpha at 2018-05-16 01:07:45:000
Tuesday's release of the Empire Manufacturing report for the month of May came in better than expected, with the headline index rising back up to 20.1 from last month's level of 15.8. Economists, meanwhile, were looking for a modest decline. You may recall that in last month's report, we saw e… read more...
Empire Manufacturing Report Better Than Expected
via: SeekingAlpha at 2018-05-16 01:07:45:000
Tuesday's release of the Empire Manufacturing report for the month of May came in better than expected, with the headline index rising back up to 20.1 from last month's level of 15.8. Economists, meanwhile, were looking for a modest decline. You may recall that in last month's report, we saw e… read more...
Empire Manufacturing Report Better Than Expected
via: SeekingAlpha at 2018-05-16 01:07:45:000
Tuesday's release of the Empire Manufacturing report for the month of May came in better than expected, with the headline index rising back up to 20.1 from last month's level of 15.8. Economists, meanwhile, were looking for a modest decline. You may recall that in last month's report, we saw e… read more...
Empire Manufacturing Report Better Than Expected
via: SeekingAlpha at 2018-05-16 01:07:45:000
Tuesday's release of the Empire Manufacturing report for the month of May came in better than expected, with the headline index rising back up to 20.1 from last month's level of 15.8. Economists, meanwhile, were looking for a modest decline. You may recall that in last month's report, we saw e… read more...
Empire Manufacturing Report Better Than Expected
via: SeekingAlpha at 2018-05-16 01:07:45:000
Tuesday's release of the Empire Manufacturing report for the month of May came in better than expected, with the headline index rising back up to 20.1 from last month's level of 15.8. Economists, meanwhile, were looking for a modest decline. You may recall that in last month's report, we saw e… read more...
Lumber Continues To Astound
via: SeekingAlpha at 2018-05-15 06:00:00:000
Lumber is an essential ingredient when it comes to construction. Lumber is one of many industrial commodities that reflect economic conditions, and the price of wood can be highly volatile. While many speculators trade other raw materials in liquid futures markets, lumber is another story. W… read more...
Lumber Continues To Astound
via: SeekingAlpha at 2018-05-15 06:00:00:000
Lumber is an essential ingredient when it comes to construction. Lumber is one of many industrial commodities that reflect economic conditions, and the price of wood can be highly volatile. While many speculators trade other raw materials in liquid futures markets, lumber is another story. W… read more...
Lumber Continues To Astound
via: SeekingAlpha at 2018-05-15 06:00:00:000
Lumber is an essential ingredient when it comes to construction. Lumber is one of many industrial commodities that reflect economic conditions, and the price of wood can be highly volatile. While many speculators trade other raw materials in liquid futures markets, lumber is another story. W… read more...
Lumber Continues To Astound
via: SeekingAlpha at 2018-05-15 06:00:00:000
Lumber is an essential ingredient when it comes to construction. Lumber is one of many industrial commodities that reflect economic conditions, and the price of wood can be highly volatile. While many speculators trade other raw materials in liquid futures markets, lumber is another story. W… read more...
Lumber Continues To Astound
via: SeekingAlpha at 2018-05-15 06:00:00:000
Lumber is an essential ingredient when it comes to construction. Lumber is one of many industrial commodities that reflect economic conditions, and the price of wood can be highly volatile. While many speculators trade other raw materials in liquid futures markets, lumber is another story. W… read more...
Lumber Continues To Astound
via: SeekingAlpha at 2018-05-15 06:00:00:000
Lumber is an essential ingredient when it comes to construction. Lumber is one of many industrial commodities that reflect economic conditions, and the price of wood can be highly volatile. While many speculators trade other raw materials in liquid futures markets, lumber is another story. W… read more...
Avoid Industrials
via: SeekingAlpha at 2018-05-10 10:25:18:000
Industrials stocks are weakening. Everyone who bought in December of 2017 is currently breakeven while people who bought the top are down more than 9%. In this article, I will explain why traders should wait for a better entry when it comes to industrial stocks. Note that I mean the SPDR S… read more...
Avoid Industrials
via: SeekingAlpha at 2018-05-10 10:25:18:000
Industrials stocks are weakening. Everyone who bought in December of 2017 is currently breakeven while people who bought the top are down more than 9%. In this article, I will explain why traders should wait for a better entry when it comes to industrial stocks. Note that I mean the SPDR S… read more...
Manufacturing In Wisconsin: Still Below Peak Despite Tax Breaks
via: SeekingAlpha at 2018-05-05 07:58:06:000
Editor's note: This article was originally published on May 4, 2018, by Menzie Chinn here . State level data for GDP in 2017Q4 were released today. This is an opportunity to update the progress of manufacturing value added (as opposed to employment) in Wisconsin after passage of the… read more...
Manufacturing In Wisconsin: Still Below Peak Despite Tax Breaks
via: SeekingAlpha at 2018-05-05 07:58:06:000
Editor's note: This article was originally published on May 4, 2018, by Menzie Chinn here . State level data for GDP in 2017Q4 were released today. This is an opportunity to update the progress of manufacturing value added (as opposed to employment) in Wisconsin after passage of the… read more...
Markit Services PMI: April Highest In 3 Months
via: SeekingAlpha at 2018-05-04 03:31:37:000
By Jill Mislinski The April US Services Purchasing Managers' Index conducted by Markit came in at 54.6 percent, up 0.6 from the final March estimate of 54.0. The Investing.com consensus was for 54.4 percent. Markit's Services PMI is a diffusion index: a reading above 50 indicates expansion… read more...
Markit Services PMI: April Highest In 3 Months
via: SeekingAlpha at 2018-05-04 03:31:37:000
By Jill Mislinski The April US Services Purchasing Managers' Index conducted by Markit came in at 54.6 percent, up 0.6 from the final March estimate of 54.0. The Investing.com consensus was for 54.4 percent. Markit's Services PMI is a diffusion index: a reading above 50 indicates expansion… read more...
ISM Services Also Disappoints
via: SeekingAlpha at 2018-05-04 02:06:14:000
Just like its counterpart that covers the Manufacturing sector, the ISM Services report for April declined this month and came in lower than expected. While economists were expecting the headline index to come in at a level of 58.0, the actual reading was notably weaker at 56.8. While both i… read more...
ISM Services Also Disappoints
via: SeekingAlpha at 2018-05-04 02:06:14:000
Just like its counterpart that covers the Manufacturing sector, the ISM Services report for April declined this month and came in lower than expected. While economists were expecting the headline index to come in at a level of 58.0, the actual reading was notably weaker at 56.8. While both i… read more...
Biggest ISM Manufacturing Disappointment In A Year
via: SeekingAlpha at 2018-05-02 02:59:01:000
May certainly hasn't gotten off to the best start in terms of market performance or economic data. A case in point? Tuesday's ISM Manufacturing report for the month of April. While economists were forecasting the headline reading to come in at a level of 58.5, the actual reading came in 1.2 po… read more...
Biggest ISM Manufacturing Disappointment In A Year
via: SeekingAlpha at 2018-05-02 02:59:01:000
May certainly hasn't gotten off to the best start in terms of market performance or economic data. A case in point? Tuesday's ISM Manufacturing report for the month of April. While economists were forecasting the headline reading to come in at a level of 58.5, the actual reading came in 1.2 po… read more...
Markit Manufacturing PMI: Highest In Over 3 Years
via: SeekingAlpha at 2018-05-02 02:25:03:000
By Jill Mislinski The April US Manufacturing Purchasing Managers' Index conducted by Markit came in at 56.5, up from the 55.6 final March figure. Markit's Manufacturing PMI is a diffusion index: a reading above 50 indicates expansion in the sector; below 50 indicates contraction. Here is… read more...
ISM Manufacturing Index: Business Conditions Decrease In April, Still Expanding
via: SeekingAlpha at 2018-05-02 02:20:17:000
By Jill Mislinski On Tuesday, the Institute for Supply Management published its monthly Manufacturing Report for April. The latest headline Purchasing Managers Index (PMI) was 57.3 percent, a decrease of 2.0 percent from 59.3 the previous month. Tuesday's headline number was below the In… read more...
The Big 4 Economic Indicators: Industrial Production Down 0.1% In January
via: SeekingAlpha at 2018-02-16 02:02:13:000
By Jill Mislinski Note: This commentary has been updated to incorporate the January data for Industrial Production. Official recession calls are the responsibility of the NBER Business Cycle Dating Committee, which is understandably vague about the specific indicators on which they… read more...
The Big 4 Economic Indicators: Industrial Production Down 0.1% In January
via: SeekingAlpha at 2018-02-16 02:02:13:000
By Jill Mislinski Note: This commentary has been updated to incorporate the January data for Industrial Production. Official recession calls are the responsibility of the NBER Business Cycle Dating Committee, which is understandably vague about the specific indicators on which they… read more...
The Big 4 Economic Indicators: Industrial Production Down 0.1% In January
via: SeekingAlpha at 2018-02-16 02:02:13:000
By Jill Mislinski Note: This commentary has been updated to incorporate the January data for Industrial Production. Official recession calls are the responsibility of the NBER Business Cycle Dating Committee, which is understandably vague about the specific indicators on which they… read more...
The Big 4 Economic Indicators: Industrial Production Down 0.1% In January
via: SeekingAlpha at 2018-02-16 02:02:13:000
By Jill Mislinski Note: This commentary has been updated to incorporate the January data for Industrial Production. Official recession calls are the responsibility of the NBER Business Cycle Dating Committee, which is understandably vague about the specific indicators on which they… read more...
The Big 4 Economic Indicators: Industrial Production Down 0.1% In January
via: SeekingAlpha at 2018-02-16 02:02:13:000
By Jill Mislinski Note: This commentary has been updated to incorporate the January data for Industrial Production. Official recession calls are the responsibility of the NBER Business Cycle Dating Committee, which is understandably vague about the specific indicators on which they… read more...
The Big 4 Economic Indicators: Industrial Production Down 0.1% In January
via: SeekingAlpha at 2018-02-16 02:02:13:000
By Jill Mislinski Note: This commentary has been updated to incorporate the January data for Industrial Production. Official recession calls are the responsibility of the NBER Business Cycle Dating Committee, which is understandably vague about the specific indicators on which they… read more...
The Big 4 Economic Indicators: Industrial Production Down 0.1% In January
via: SeekingAlpha at 2018-02-16 02:02:13:000
By Jill Mislinski Note: This commentary has been updated to incorporate the January data for Industrial Production. Official recession calls are the responsibility of the NBER Business Cycle Dating Committee, which is understandably vague about the specific indicators on which they… read more...
The Big 4 Economic Indicators: Industrial Production Down 0.1% In January
via: SeekingAlpha at 2018-02-16 02:02:13:000
By Jill Mislinski Note: This commentary has been updated to incorporate the January data for Industrial Production. Official recession calls are the responsibility of the NBER Business Cycle Dating Committee, which is understandably vague about the specific indicators on which they… read more...
The Big 4 Economic Indicators: Industrial Production Down 0.1% In January
via: SeekingAlpha at 2018-02-16 02:02:13:000
By Jill Mislinski Note: This commentary has been updated to incorporate the January data for Industrial Production. Official recession calls are the responsibility of the NBER Business Cycle Dating Committee, which is understandably vague about the specific indicators on which they… read more...
Philly Fed Manufacturing Index: Continued Expansion In February
via: SeekingAlpha at 2018-02-16 01:40:47:000
By Jill Mislinski The Philly Fed's Manufacturing Business Outlook Survey is a monthly report for the Third Federal Reserve District, covers eastern Pennsylvania, southern New Jersey, and Delaware. While it focuses exclusively on business in this district, this regional survey gives a gen… read more...
Philly Fed Manufacturing Index: Continued Expansion In February
via: SeekingAlpha at 2018-02-16 01:40:47:000
By Jill Mislinski The Philly Fed's Manufacturing Business Outlook Survey is a monthly report for the Third Federal Reserve District, covers eastern Pennsylvania, southern New Jersey, and Delaware. While it focuses exclusively on business in this district, this regional survey gives a gen… read more...
Philly Fed Manufacturing Index: Continued Expansion In February
via: SeekingAlpha at 2018-02-16 01:40:47:000
By Jill Mislinski The Philly Fed's Manufacturing Business Outlook Survey is a monthly report for the Third Federal Reserve District, covers eastern Pennsylvania, southern New Jersey, and Delaware. While it focuses exclusively on business in this district, this regional survey gives a gen… read more...
Philly Fed Manufacturing Index: Continued Expansion In February
via: SeekingAlpha at 2018-02-16 01:40:47:000
By Jill Mislinski The Philly Fed's Manufacturing Business Outlook Survey is a monthly report for the Third Federal Reserve District, covers eastern Pennsylvania, southern New Jersey, and Delaware. While it focuses exclusively on business in this district, this regional survey gives a gen… read more...
Philly Fed Manufacturing Index: Continued Expansion In February
via: SeekingAlpha at 2018-02-16 01:40:47:000
By Jill Mislinski The Philly Fed's Manufacturing Business Outlook Survey is a monthly report for the Third Federal Reserve District, covers eastern Pennsylvania, southern New Jersey, and Delaware. While it focuses exclusively on business in this district, this regional survey gives a gen… read more...
Philly Fed Manufacturing Index: Continued Expansion In February
via: SeekingAlpha at 2018-02-16 01:40:47:000
By Jill Mislinski The Philly Fed's Manufacturing Business Outlook Survey is a monthly report for the Third Federal Reserve District, covers eastern Pennsylvania, southern New Jersey, and Delaware. While it focuses exclusively on business in this district, this regional survey gives a gen… read more...
Philly Fed Manufacturing Index: Continued Expansion In February
via: SeekingAlpha at 2018-02-16 01:40:47:000
By Jill Mislinski The Philly Fed's Manufacturing Business Outlook Survey is a monthly report for the Third Federal Reserve District, covers eastern Pennsylvania, southern New Jersey, and Delaware. While it focuses exclusively on business in this district, this regional survey gives a gen… read more...
Philly Fed Manufacturing Index: Continued Expansion In February
via: SeekingAlpha at 2018-02-16 01:40:47:000
By Jill Mislinski The Philly Fed's Manufacturing Business Outlook Survey is a monthly report for the Third Federal Reserve District, covers eastern Pennsylvania, southern New Jersey, and Delaware. While it focuses exclusively on business in this district, this regional survey gives a gen… read more...
Philly Fed Manufacturing Index: Continued Expansion In February
via: SeekingAlpha at 2018-02-16 01:40:47:000
By Jill Mislinski The Philly Fed's Manufacturing Business Outlook Survey is a monthly report for the Third Federal Reserve District, covers eastern Pennsylvania, southern New Jersey, and Delaware. While it focuses exclusively on business in this district, this regional survey gives a gen… read more...
U.S. IP On The Other Side Of Harvey And Irma
via: SeekingAlpha at 2018-02-16 01:35:55:000
Industrial Production in the US was revised to a lower level for December 2017, and then was slightly lower still in the first estimates for January 2018. Year over year, IP was up 3.7%. However, more than two-thirds of the gain was registered in September, October, and November (and nearly al… read more...
U.S. IP On The Other Side Of Harvey And Irma
via: SeekingAlpha at 2018-02-16 01:35:55:000
Industrial Production in the US was revised to a lower level for December 2017, and then was slightly lower still in the first estimates for January 2018. Year over year, IP was up 3.7%. However, more than two-thirds of the gain was registered in September, October, and November (and nearly al… read more...
U.S. IP On The Other Side Of Harvey And Irma
via: SeekingAlpha at 2018-02-16 01:35:55:000
Industrial Production in the US was revised to a lower level for December 2017, and then was slightly lower still in the first estimates for January 2018. Year over year, IP was up 3.7%. However, more than two-thirds of the gain was registered in September, October, and November (and nearly al… read more...
U.S. IP On The Other Side Of Harvey And Irma
via: SeekingAlpha at 2018-02-16 01:35:55:000
Industrial Production in the US was revised to a lower level for December 2017, and then was slightly lower still in the first estimates for January 2018. Year over year, IP was up 3.7%. However, more than two-thirds of the gain was registered in September, October, and November (and nearly al… read more...
U.S. IP On The Other Side Of Harvey And Irma
via: SeekingAlpha at 2018-02-16 01:35:55:000
Industrial Production in the US was revised to a lower level for December 2017, and then was slightly lower still in the first estimates for January 2018. Year over year, IP was up 3.7%. However, more than two-thirds of the gain was registered in September, October, and November (and nearly al… read more...
U.S. IP On The Other Side Of Harvey And Irma
via: SeekingAlpha at 2018-02-16 01:35:55:000
Industrial Production in the US was revised to a lower level for December 2017, and then was slightly lower still in the first estimates for January 2018. Year over year, IP was up 3.7%. However, more than two-thirds of the gain was registered in September, October, and November (and nearly al… read more...
U.S. IP On The Other Side Of Harvey And Irma
via: SeekingAlpha at 2018-02-16 01:35:55:000
Industrial Production in the US was revised to a lower level for December 2017, and then was slightly lower still in the first estimates for January 2018. Year over year, IP was up 3.7%. However, more than two-thirds of the gain was registered in September, October, and November (and nearly al… read more...
U.S. IP On The Other Side Of Harvey And Irma
via: SeekingAlpha at 2018-02-16 01:35:55:000
Industrial Production in the US was revised to a lower level for December 2017, and then was slightly lower still in the first estimates for January 2018. Year over year, IP was up 3.7%. However, more than two-thirds of the gain was registered in September, October, and November (and nearly al… read more...
U.S. IP On The Other Side Of Harvey And Irma
via: SeekingAlpha at 2018-02-16 01:35:55:000
Industrial Production in the US was revised to a lower level for December 2017, and then was slightly lower still in the first estimates for January 2018. Year over year, IP was up 3.7%. However, more than two-thirds of the gain was registered in September, October, and November (and nearly al… read more...
Philly Fed Surpasses Expectations
via: SeekingAlpha at 2018-02-16 01:20:41:000
While the Empire Manufacturing report (released earlier) disappointed relative to consensus forecasts, the February Philly Fed report beat expectations, coming in at a level of 25.8, compared to January's reading of 22.8. At 21 months and counting, the Philly Fed is currently in its longest st… read more...
Philly Fed Surpasses Expectations
via: SeekingAlpha at 2018-02-16 01:20:41:000
While the Empire Manufacturing report (released earlier) disappointed relative to consensus forecasts, the February Philly Fed report beat expectations, coming in at a level of 25.8, compared to January's reading of 22.8. At 21 months and counting, the Philly Fed is currently in its longest st… read more...
Philly Fed Surpasses Expectations
via: SeekingAlpha at 2018-02-16 01:20:41:000
While the Empire Manufacturing report (released earlier) disappointed relative to consensus forecasts, the February Philly Fed report beat expectations, coming in at a level of 25.8, compared to January's reading of 22.8. At 21 months and counting, the Philly Fed is currently in its longest st… read more...
Philly Fed Surpasses Expectations
via: SeekingAlpha at 2018-02-16 01:20:41:000
While the Empire Manufacturing report (released earlier) disappointed relative to consensus forecasts, the February Philly Fed report beat expectations, coming in at a level of 25.8, compared to January's reading of 22.8. At 21 months and counting, the Philly Fed is currently in its longest st… read more...
Philly Fed Surpasses Expectations
via: SeekingAlpha at 2018-02-16 01:20:41:000
While the Empire Manufacturing report (released earlier) disappointed relative to consensus forecasts, the February Philly Fed report beat expectations, coming in at a level of 25.8, compared to January's reading of 22.8. At 21 months and counting, the Philly Fed is currently in its longest st… read more...
Philly Fed Surpasses Expectations
via: SeekingAlpha at 2018-02-16 01:20:41:000
While the Empire Manufacturing report (released earlier) disappointed relative to consensus forecasts, the February Philly Fed report beat expectations, coming in at a level of 25.8, compared to January's reading of 22.8. At 21 months and counting, the Philly Fed is currently in its longest st… read more...
Philly Fed Surpasses Expectations
via: SeekingAlpha at 2018-02-16 01:20:41:000
While the Empire Manufacturing report (released earlier) disappointed relative to consensus forecasts, the February Philly Fed report beat expectations, coming in at a level of 25.8, compared to January's reading of 22.8. At 21 months and counting, the Philly Fed is currently in its longest st… read more...
Philly Fed Surpasses Expectations
via: SeekingAlpha at 2018-02-16 01:20:41:000
While the Empire Manufacturing report (released earlier) disappointed relative to consensus forecasts, the February Philly Fed report beat expectations, coming in at a level of 25.8, compared to January's reading of 22.8. At 21 months and counting, the Philly Fed is currently in its longest st… read more...
Philly Fed Surpasses Expectations
via: SeekingAlpha at 2018-02-16 01:20:41:000
While the Empire Manufacturing report (released earlier) disappointed relative to consensus forecasts, the February Philly Fed report beat expectations, coming in at a level of 25.8, compared to January's reading of 22.8. At 21 months and counting, the Philly Fed is currently in its longest st… read more...
Empire Manufacturing Report Disappoints
via: SeekingAlpha at 2018-02-16 01:17:56:000
Thursday morning's report on manufacturing activity in the New York area provides one of the first reads on how business activity is trending for the month of February, and the results were a bit weaker than expected. While economists were expecting the headline General Business Conditions ind… read more...
Empire Manufacturing Report Disappoints
via: SeekingAlpha at 2018-02-16 01:17:56:000
Thursday morning's report on manufacturing activity in the New York area provides one of the first reads on how business activity is trending for the month of February, and the results were a bit weaker than expected. While economists were expecting the headline General Business Conditions ind… read more...
Empire Manufacturing Report Disappoints
via: SeekingAlpha at 2018-02-16 01:17:56:000
Thursday morning's report on manufacturing activity in the New York area provides one of the first reads on how business activity is trending for the month of February, and the results were a bit weaker than expected. While economists were expecting the headline General Business Conditions ind… read more...
Empire Manufacturing Report Disappoints
via: SeekingAlpha at 2018-02-16 01:17:56:000
Thursday morning's report on manufacturing activity in the New York area provides one of the first reads on how business activity is trending for the month of February, and the results were a bit weaker than expected. While economists were expecting the headline General Business Conditions ind… read more...
Empire Manufacturing Report Disappoints
via: SeekingAlpha at 2018-02-16 01:17:56:000
Thursday morning's report on manufacturing activity in the New York area provides one of the first reads on how business activity is trending for the month of February, and the results were a bit weaker than expected. While economists were expecting the headline General Business Conditions ind… read more...
Empire Manufacturing Report Disappoints
via: SeekingAlpha at 2018-02-16 01:17:56:000
Thursday morning's report on manufacturing activity in the New York area provides one of the first reads on how business activity is trending for the month of February, and the results were a bit weaker than expected. While economists were expecting the headline General Business Conditions ind… read more...
Empire Manufacturing Report Disappoints
via: SeekingAlpha at 2018-02-16 01:17:56:000
Thursday morning's report on manufacturing activity in the New York area provides one of the first reads on how business activity is trending for the month of February, and the results were a bit weaker than expected. While economists were expecting the headline General Business Conditions ind… read more...
Empire Manufacturing Report Disappoints
via: SeekingAlpha at 2018-02-16 01:17:56:000
Thursday morning's report on manufacturing activity in the New York area provides one of the first reads on how business activity is trending for the month of February, and the results were a bit weaker than expected. While economists were expecting the headline General Business Conditions ind… read more...
Empire Manufacturing Report Disappoints
via: SeekingAlpha at 2018-02-16 01:17:56:000
Thursday morning's report on manufacturing activity in the New York area provides one of the first reads on how business activity is trending for the month of February, and the results were a bit weaker than expected. While economists were expecting the headline General Business Conditions ind… read more...
Industrial group entering maturing cycle, rated Neutral at Barclays
via: SeekingAlpha at 2018-02-15 19:37:19:000
Industrial stocks have easily outpaced the broader market over the past three months, but Barclays analyst Julian Mitchell believes some of the forces that have propelled the group higher are set to reverse . More news on: Emerson Electric Co., Honeywell International, Inc., United Techno… read more...
Industrial group entering maturing cycle, rated Neutral at Barclays
via: SeekingAlpha at 2018-02-15 19:37:19:000
Industrial stocks have easily outpaced the broader market over the past three months, but Barclays analyst Julian Mitchell believes some of the forces that have propelled the group higher are set to reverse . More news on: Emerson Electric Co., Honeywell International, Inc., United Techno… read more...
Industrial group entering maturing cycle, rated Neutral at Barclays
via: SeekingAlpha at 2018-02-15 19:37:19:000
Industrial stocks have easily outpaced the broader market over the past three months, but Barclays analyst Julian Mitchell believes some of the forces that have propelled the group higher are set to reverse . More news on: Emerson Electric Co., Honeywell International, Inc., United Techno… read more...
Industrial group entering maturing cycle, rated Neutral at Barclays
via: SeekingAlpha at 2018-02-15 19:37:19:000
Industrial stocks have easily outpaced the broader market over the past three months, but Barclays analyst Julian Mitchell believes some of the forces that have propelled the group higher are set to reverse . More news on: Emerson Electric Co., Honeywell International, Inc., United Techno… read more...
Industrial group entering maturing cycle, rated Neutral at Barclays
via: SeekingAlpha at 2018-02-15 19:37:19:000
Industrial stocks have easily outpaced the broader market over the past three months, but Barclays analyst Julian Mitchell believes some of the forces that have propelled the group higher are set to reverse . More news on: Emerson Electric Co., Honeywell International, Inc., United Techno… read more...
Industrial group entering maturing cycle, rated Neutral at Barclays
via: SeekingAlpha at 2018-02-15 19:37:19:000
Industrial stocks have easily outpaced the broader market over the past three months, but Barclays analyst Julian Mitchell believes some of the forces that have propelled the group higher are set to reverse . More news on: Emerson Electric Co., Honeywell International, Inc., United Techno… read more...
Industrial group entering maturing cycle, rated Neutral at Barclays
via: SeekingAlpha at 2018-02-15 19:37:19:000
Industrial stocks have easily outpaced the broader market over the past three months, but Barclays analyst Julian Mitchell believes some of the forces that have propelled the group higher are set to reverse . More news on: Emerson Electric Co., Honeywell International, Inc., United Techno… read more...
Industrial group entering maturing cycle, rated Neutral at Barclays
via: SeekingAlpha at 2018-02-15 19:37:19:000
Industrial stocks have easily outpaced the broader market over the past three months, but Barclays analyst Julian Mitchell believes some of the forces that have propelled the group higher are set to reverse . More news on: Emerson Electric Co., Honeywell International, Inc., United Techno… read more...
Industrial group entering maturing cycle, rated Neutral at Barclays
via: SeekingAlpha at 2018-02-15 19:37:19:000
Industrial stocks have easily outpaced the broader market over the past three months, but Barclays analyst Julian Mitchell believes some of the forces that have propelled the group higher are set to reverse . More news on: Emerson Electric Co., Honeywell International, Inc., United Techno… read more...
Introducing Stability & Opportunity: Research That Makes A Difference
via: SeekingAlpha at 2018-02-13 10:30:00:000
(Editors' Note: This article is meant as an introduction for Stability & Opportunity , a new Marketplace service by Early Retiree.) Please, not yet another newsletter! Personally, I have always thought I would never subscribe to an investment newsletter. Therefore, I would have neve… read more...
Introducing Stability & Opportunity: Research That Makes A Difference
via: SeekingAlpha at 2018-02-13 10:30:00:000
(Editors' Note: This article is meant as an introduction for Stability & Opportunity , a new Marketplace service by Early Retiree.) Please, not yet another newsletter! Personally, I have always thought I would never subscribe to an investment newsletter. Therefore, I would have neve… read more...
Introducing Stability & Opportunity: Research That Makes A Difference
via: SeekingAlpha at 2018-02-13 10:30:00:000
(Editors' Note: This article is meant as an introduction for Stability & Opportunity , a new Marketplace service by Early Retiree.) Please, not yet another newsletter! Personally, I have always thought I would never subscribe to an investment newsletter. Therefore, I would have neve… read more...
Trump to unveil infrastructure plan
via: SeekingAlpha at 2018-02-12 04:46:21:000
The White House will roll out a long-awaited infrastructure plan today, which already faces hurdles in Congress because it doesn't offer as much new federal funding as Democrats want, or directly address how to pay for the effort. More news on: Alcoa, Inc., AK Steel Holding Corp, Alleghe… read more...
Trump to unveil infrastructure plan
via: SeekingAlpha at 2018-02-12 04:46:21:000
The White House will roll out a long-awaited infrastructure plan today, which already faces hurdles in Congress because it doesn't offer as much new federal funding as Democrats want, or directly address how to pay for the effort. More news on: Alcoa, Inc., AK Steel Holding Corp, Alleghe… read more...
Trump to unveil infrastructure plan
via: SeekingAlpha at 2018-02-12 04:46:21:000
The White House will roll out a long-awaited infrastructure plan today, which already faces hurdles in Congress because it doesn't offer as much new federal funding as Democrats want, or directly address how to pay for the effort. More news on: Alcoa, Inc., AK Steel Holding Corp, Alleghe… read more...
A Bet On PAVE Is A Bet On The Trump Administration's Success In 2018
via: SeekingAlpha at 2018-02-07 09:20:13:000
For decades, China has been the demand side of the fundamental, supply and demand equation, for industrial raw material prices. The Chinese have been built their way into the second largest economy on earth and could overtake the U.S. in a matter of a few short years. China is the world’… read more...
A Bet On PAVE Is A Bet On The Trump Administration's Success In 2018
via: SeekingAlpha at 2018-02-07 09:20:13:000
For decades, China has been the demand side of the fundamental, supply and demand equation, for industrial raw material prices. The Chinese have been built their way into the second largest economy on earth and could overtake the U.S. in a matter of a few short years. China is the world’… read more...
A Bet On PAVE Is A Bet On The Trump Administration's Success In 2018
via: SeekingAlpha at 2018-02-07 09:20:13:000
For decades, China has been the demand side of the fundamental, supply and demand equation, for industrial raw material prices. The Chinese have been built their way into the second largest economy on earth and could overtake the U.S. in a matter of a few short years. China is the world’… read more...
A Bet On PAVE Is A Bet On The Trump Administration's Success In 2018
via: SeekingAlpha at 2018-02-07 09:20:13:000
For decades, China has been the demand side of the fundamental, supply and demand equation, for industrial raw material prices. The Chinese have been built their way into the second largest economy on earth and could overtake the U.S. in a matter of a few short years. China is the world’… read more...
A Bet On PAVE Is A Bet On The Trump Administration's Success In 2018
via: SeekingAlpha at 2018-02-07 09:20:13:000
For decades, China has been the demand side of the fundamental, supply and demand equation, for industrial raw material prices. The Chinese have been built their way into the second largest economy on earth and could overtake the U.S. in a matter of a few short years. China is the world’… read more...
A Bet On PAVE Is A Bet On The Trump Administration's Success In 2018
via: SeekingAlpha at 2018-02-07 09:20:13:000
For decades, China has been the demand side of the fundamental, supply and demand equation, for industrial raw material prices. The Chinese have been built their way into the second largest economy on earth and could overtake the U.S. in a matter of a few short years. China is the world’… read more...
The Nickel Bull And Norilsk
via: SeekingAlpha at 2018-02-07 08:37:25:000
When you bring up Siberia to most people, they think of a cold wasteland near the north pole where political prisoners sat in gulags during the days of the old Soviet Union. Siberia extends east from the Ural Mountains to the watershed between the Pacific and Arctic drainage basins. Siberia is… read more...
The Nickel Bull And Norilsk
via: SeekingAlpha at 2018-02-07 08:37:25:000
When you bring up Siberia to most people, they think of a cold wasteland near the north pole where political prisoners sat in gulags during the days of the old Soviet Union. Siberia extends east from the Ural Mountains to the watershed between the Pacific and Arctic drainage basins. Siberia is… read more...
The Nickel Bull And Norilsk
via: SeekingAlpha at 2018-02-07 08:37:25:000
When you bring up Siberia to most people, they think of a cold wasteland near the north pole where political prisoners sat in gulags during the days of the old Soviet Union. Siberia extends east from the Ural Mountains to the watershed between the Pacific and Arctic drainage basins. Siberia is… read more...
The Nickel Bull And Norilsk
via: SeekingAlpha at 2018-02-07 08:37:25:000
When you bring up Siberia to most people, they think of a cold wasteland near the north pole where political prisoners sat in gulags during the days of the old Soviet Union. Siberia extends east from the Ural Mountains to the watershed between the Pacific and Arctic drainage basins. Siberia is… read more...
The Nickel Bull And Norilsk
via: SeekingAlpha at 2018-02-07 08:37:25:000
When you bring up Siberia to most people, they think of a cold wasteland near the north pole where political prisoners sat in gulags during the days of the old Soviet Union. Siberia extends east from the Ural Mountains to the watershed between the Pacific and Arctic drainage basins. Siberia is… read more...
The Nickel Bull And Norilsk
via: SeekingAlpha at 2018-02-07 08:37:25:000
When you bring up Siberia to most people, they think of a cold wasteland near the north pole where political prisoners sat in gulags during the days of the old Soviet Union. Siberia extends east from the Ural Mountains to the watershed between the Pacific and Arctic drainage basins. Siberia is… read more...
ISM Services Back At Cycle Highs
via: SeekingAlpha at 2018-02-06 00:58:07:000
While activity in the Manufacturing sector slowed down modestly during the month of January, things really picked up steam in the Services sector, and by even more than economists were expecting. As shown in the top chart below, the ISM Services report for January surged to 59.9 from last mont… read more...
ISM Services Back At Cycle Highs
via: SeekingAlpha at 2018-02-06 00:58:07:000
While activity in the Manufacturing sector slowed down modestly during the month of January, things really picked up steam in the Services sector, and by even more than economists were expecting. As shown in the top chart below, the ISM Services report for January surged to 59.9 from last mont… read more...
ISM Services Back At Cycle Highs
via: SeekingAlpha at 2018-02-06 00:58:07:000
While activity in the Manufacturing sector slowed down modestly during the month of January, things really picked up steam in the Services sector, and by even more than economists were expecting. As shown in the top chart below, the ISM Services report for January surged to 59.9 from last mont… read more...
ISM Manufacturing Index: Business Conditions Contracted Slightly In January
via: SeekingAlpha at 2018-02-02 01:08:34:000
By Jill Mislinski Thursday the Institute for Supply Management published its monthly Manufacturing Report for January. The latest headline Purchasing Managers Index (PMI) was 59.1 percent, a decrease of 0.2 percent from a revised 59.3 the previous month. Today's headline number was abo… read more...
ISM Manufacturing Index: Business Conditions Contracted Slightly In January
via: SeekingAlpha at 2018-02-02 01:08:34:000
By Jill Mislinski Thursday the Institute for Supply Management published its monthly Manufacturing Report for January. The latest headline Purchasing Managers Index (PMI) was 59.1 percent, a decrease of 0.2 percent from a revised 59.3 the previous month. Today's headline number was abo… read more...
ISM Manufacturing Index: Business Conditions Contracted Slightly In January
via: SeekingAlpha at 2018-02-02 01:08:34:000
By Jill Mislinski Thursday the Institute for Supply Management published its monthly Manufacturing Report for January. The latest headline Purchasing Managers Index (PMI) was 59.1 percent, a decrease of 0.2 percent from a revised 59.3 the previous month. Today's headline number was abo… read more...
ISM Manufacturing Index: Business Conditions Contracted Slightly In January
via: SeekingAlpha at 2018-02-02 01:08:34:000
By Jill Mislinski Thursday the Institute for Supply Management published its monthly Manufacturing Report for January. The latest headline Purchasing Managers Index (PMI) was 59.1 percent, a decrease of 0.2 percent from a revised 59.3 the previous month. Today's headline number was abo… read more...
ISM Manufacturing Index: Business Conditions Contracted Slightly In January
via: SeekingAlpha at 2018-02-02 01:08:34:000
By Jill Mislinski Thursday the Institute for Supply Management published its monthly Manufacturing Report for January. The latest headline Purchasing Managers Index (PMI) was 59.1 percent, a decrease of 0.2 percent from a revised 59.3 the previous month. Today's headline number was abo… read more...
Markit Manufacturing PMI: 'Strongest Manufacturing Growth Since March 2015'
via: SeekingAlpha at 2018-02-02 01:05:49:000
By Jill Mislinski The January US Manufacturing Purchasing Managers' Index conducted by Markit came in at 55.5, up from the 55.1 final December figure. Today's headline number was at the Investing.com forecast of 55.0. Markit's Manufacturing PMI is a diffusion index: a reading above 50 indi… read more...
Markit Manufacturing PMI: 'Strongest Manufacturing Growth Since March 2015'
via: SeekingAlpha at 2018-02-02 01:05:49:000
By Jill Mislinski The January US Manufacturing Purchasing Managers' Index conducted by Markit came in at 55.5, up from the 55.1 final December figure. Today's headline number was at the Investing.com forecast of 55.0. Markit's Manufacturing PMI is a diffusion index: a reading above 50 indi… read more...
Markit Manufacturing PMI: 'Strongest Manufacturing Growth Since March 2015'
via: SeekingAlpha at 2018-02-02 01:05:49:000
By Jill Mislinski The January US Manufacturing Purchasing Managers' Index conducted by Markit came in at 55.5, up from the 55.1 final December figure. Today's headline number was at the Investing.com forecast of 55.0. Markit's Manufacturing PMI is a diffusion index: a reading above 50 indi… read more...
Markit Manufacturing PMI: 'Strongest Manufacturing Growth Since March 2015'
via: SeekingAlpha at 2018-02-02 01:05:49:000
By Jill Mislinski The January US Manufacturing Purchasing Managers' Index conducted by Markit came in at 55.5, up from the 55.1 final December figure. Today's headline number was at the Investing.com forecast of 55.0. Markit's Manufacturing PMI is a diffusion index: a reading above 50 indi… read more...
Markit Manufacturing PMI: 'Strongest Manufacturing Growth Since March 2015'
via: SeekingAlpha at 2018-02-02 01:05:49:000
By Jill Mislinski The January US Manufacturing Purchasing Managers' Index conducted by Markit came in at 55.5, up from the 55.1 final December figure. Today's headline number was at the Investing.com forecast of 55.0. Markit's Manufacturing PMI is a diffusion index: a reading above 50 indi… read more...
ISM Manufacturing Kicks Off January Data On A Positive Note
via: SeekingAlpha at 2018-02-02 00:01:32:000
Manufacturing activity in the US appears to have kicked off the year on a positive note as the ISM Manufacturing report for January saw a slight decline but came in higher than expected. While economists were forecasting a headline print of 58.6, the actual reading came in at 59.1 compared to … read more...
ISM Manufacturing Kicks Off January Data On A Positive Note
via: SeekingAlpha at 2018-02-02 00:01:32:000
Manufacturing activity in the US appears to have kicked off the year on a positive note as the ISM Manufacturing report for January saw a slight decline but came in higher than expected. While economists were forecasting a headline print of 58.6, the actual reading came in at 59.1 compared to … read more...
ISM Manufacturing Kicks Off January Data On A Positive Note
via: SeekingAlpha at 2018-02-02 00:01:32:000
Manufacturing activity in the US appears to have kicked off the year on a positive note as the ISM Manufacturing report for January saw a slight decline but came in higher than expected. While economists were forecasting a headline print of 58.6, the actual reading came in at 59.1 compared to … read more...
ISM Manufacturing Kicks Off January Data On A Positive Note
via: SeekingAlpha at 2018-02-02 00:01:32:000
Manufacturing activity in the US appears to have kicked off the year on a positive note as the ISM Manufacturing report for January saw a slight decline but came in higher than expected. While economists were forecasting a headline print of 58.6, the actual reading came in at 59.1 compared to … read more...
ISM Manufacturing Kicks Off January Data On A Positive Note
via: SeekingAlpha at 2018-02-02 00:01:32:000
Manufacturing activity in the US appears to have kicked off the year on a positive note as the ISM Manufacturing report for January saw a slight decline but came in higher than expected. While economists were forecasting a headline print of 58.6, the actual reading came in at 59.1 compared to … read more...
January Regional Fed Manufacturing Overview
via: SeekingAlpha at 2018-01-30 06:51:33:000
By Jill Mislinski Five out of the twelve Federal Reserve Regional Districts currently publish monthly data on regional manufacturing: Dallas, Kansas City, New York, Richmond, and Philadelphia. Regional manufacturing surveys are a measure of local economic health and are used as a repre… read more...
January Regional Fed Manufacturing Overview
via: SeekingAlpha at 2018-01-30 06:51:33:000
By Jill Mislinski Five out of the twelve Federal Reserve Regional Districts currently publish monthly data on regional manufacturing: Dallas, Kansas City, New York, Richmond, and Philadelphia. Regional manufacturing surveys are a measure of local economic health and are used as a repre… read more...
January Regional Fed Manufacturing Overview
via: SeekingAlpha at 2018-01-30 06:51:33:000
By Jill Mislinski Five out of the twelve Federal Reserve Regional Districts currently publish monthly data on regional manufacturing: Dallas, Kansas City, New York, Richmond, and Philadelphia. Regional manufacturing surveys are a measure of local economic health and are used as a repre… read more...
Dallas Fed Manufacturing Outlook: Business Index Highest In 12 Years
via: SeekingAlpha at 2018-01-30 04:07:02:000
By Jill Mislinski On Monday morning, the Dallas Fed released its Texas Manufacturing Outlook Survey (TMOS) for January. The latest general business activity index came in at 33.4, up from 29.7 in December. Here is an excerpt from the latest report : Texas factory activity cont… read more...
Dallas Fed Manufacturing Outlook: Business Index Highest In 12 Years
via: SeekingAlpha at 2018-01-30 04:07:02:000
By Jill Mislinski On Monday morning, the Dallas Fed released its Texas Manufacturing Outlook Survey (TMOS) for January. The latest general business activity index came in at 33.4, up from 29.7 in December. Here is an excerpt from the latest report : Texas factory activity cont… read more...
Dallas Fed Manufacturing Outlook: Business Index Highest In 12 Years
via: SeekingAlpha at 2018-01-30 04:07:02:000
By Jill Mislinski On Monday morning, the Dallas Fed released its Texas Manufacturing Outlook Survey (TMOS) for January. The latest general business activity index came in at 33.4, up from 29.7 in December. Here is an excerpt from the latest report : Texas factory activity cont… read more...
The Dismal Boom
via: SeekingAlpha at 2018-01-25 05:04:56:000
There is a fundamental assumption behind any purchasing manager index, or PMI. These are often but not always normalized to the number 50. That's done simply for comparison purposes and the ease of understanding in the general public. That level at least in the literature and in theory is supp… read more...
The Dismal Boom
via: SeekingAlpha at 2018-01-25 05:04:56:000
There is a fundamental assumption behind any purchasing manager index, or PMI. These are often but not always normalized to the number 50. That's done simply for comparison purposes and the ease of understanding in the general public. That level at least in the literature and in theory is supp… read more...
Unlike The Eagles, The Philly Fed Disappoints
via: SeekingAlpha at 2018-01-19 01:12:05:000
Although it was still solid, the January report on Manufacturing from the Philadelphia Fed came in slightly weaker than expected. Think about it like the current Eagles without Carson Wentz; not quite as strong, but respectable nonetheless. While economists were forecasting the headline readin… read more...
Philly Fed Manufacturing Index: Continued Growth In January
via: SeekingAlpha at 2018-01-19 01:08:42:000
By Jill Mislinski The Philly Fed's Manufacturing Business Outlook Survey is a monthly report for the Third Federal Reserve District, and covers eastern Pennsylvania, southern New Jersey, and Delaware. While it focuses exclusively on business in this district, this regional survey gives a… read more...
The Big 4 Economic Indicators: Industrial Production Up 0.9% In December
via: SeekingAlpha at 2018-01-18 05:03:46:000
By Jill Mislinski Note: This commentary has been updated to incorporate the December data for Industrial Production. Official recession calls are the responsibility of the NBER Business Cycle Dating Committee, which is understandably vague about the specific indicators on which they … read more...
Industrial Production And Retail Sales Both Had Strong 4th Quarters
via: SeekingAlpha at 2018-01-18 01:56:00:000
By New Deal democrat By now I'm sure you've read elsewhere that industrial production rose strongly in December. That's certainly true, and to put it in perspective, here is the overall number (red) together with manufacturing (blue) and mining (including oil and gas) (green): All of the… read more...
Is Un-Humming A Word? It Might Need To Become One
via: SeekingAlpha at 2018-01-18 01:11:40:000
Industrial Production in the US was up 3.6% year over year in December 2017. That's the best for American industry since November 2014, when annual IP growth was 3.7%. That's ultimately the problem, though, given all that has happened this year. In other words, despite a clear boost the past f… read more...
Empire State Manufacturing Survey: Continued Growth In January
via: SeekingAlpha at 2018-01-17 03:34:07:000
By Jill Mislinski Tuesday morning we got the latest Empire State Manufacturing Survey . The diffusion index for General Business Conditions at 17.7 was a decrease of 1.9 from the previous month's 19.6. Annual benchmark revisions were made. The Investing.com forecast was for a reading of… read more...
Manufacturing Is Off To A Strong Start
via: SeekingAlpha at 2018-01-10 01:09:44:000
Last week brought the good news that the December ISM manufacturing index exceeded expectations (59.7 vs. 58.2), while the new orders subindex hit a 14-yr high. Some impressive charts: Chart #1 Chart #1 compares the ISM manufacturing index to quarterly annualized GDP growth. The two tend t… read more...
4 Reasons For Higher Raw Materials Prices In 2018
via: SeekingAlpha at 2018-01-08 06:15:00:000
Commodities price moved just under 8% higher in 2017 when considering all of the sectors including precious metals, base metals, energy, grains, soft commodities, and animal proteins. However, it was a tale of two markets in the raw materials sector as agricultural prices lagged and dragged do… read more...
ISM Non-Manufacturing: Continued Growth In December
via: SeekingAlpha at 2018-01-06 06:38:22:000
By Jill Mislinski The Institute of Supply Management ((ISM)) has now released the December Non-Manufacturing Purchasing Managers' Index ((PMI)), also known as the ISM Services PMI. The headline Composite Index is at 55.9 percent, down 1.5 from 57.4 last month. Today's number came in below … read more...
| Ex-Date | Payment Date | Record Date | Declared Date | Amount | Flag | Dividend Type | Qualified | Indicated |
|---|---|---|---|---|---|---|---|---|
| 2017-12-21 | 2017-12-29 | 2017-12-22 | 2017-12-20 | 0.0303 | Dividend income | |||
| 2017-09-21 | 2017-09-29 | 2017-09-22 | 2017-09-20 | 0.0276 | Dividend income | |||
| 2017-06-22 | 2017-06-30 | 2017-06-26 | 2017-06-21 | 0.02 | Dividend income | |||
| 2017-03-23 | 2017-03-31 | 2017-03-27 | 2017-03-22 | 0.0044 | Dividend income | |||
| 2016-12-21 | 2016-12-30 | 2016-12-23 | 2016-12-20 | 0.008 | Dividend income | |||
| 2016-09-21 | 2016-09-30 | 2016-09-23 | 2016-09-20 | 0.0114 | Dividend income | |||
| 2016-06-30 | 2016-06-30 | SU | Dividend income | |||||
| 2016-03-31 | 2016-03-31 | SU | Dividend income | |||||
| 2015-12-23 | 2015-12-31 | 2015-12-28 | 2015-12-22 | 0.045 | Dividend income | |||
| 2015-09-23 | 2015-09-30 | 2015-09-25 | 2015-09-22 | 0.019 | Dividend income | |||
| 2015-06-24 | 2015-06-30 | 2015-06-26 | 2015-06-23 | 0.0136 | Dividend income | |||
| 2015-03-31 | 2015-03-31 | SU | Dividend income | |||||
| 2014-12-23 | 2014-12-31 | 2014-12-26 | 2014-12-22 | 0.0302 | UR | Dividend income | ||
| 2014-09-23 | 2014-09-30 | 2014-09-25 | 2014-09-22 | 0.0072 | UR | Dividend income | ||
| 2014-06-24 | 2014-06-30 | 2014-06-26 | 2014-06-23 | 0.0314 | UR | Dividend income | ||
| 2014-03-25 | 2014-03-31 | 2014-03-27 | UR | Dividend income |
| Ex-Date | Declared Date | Record Date | Payment Date | Ratio | To Factor | For Factor |
|---|