The Markit PMI preliminary report showed relatively better figures than expected in the US. manufacturing index it rose to 58.5 in February, matching the market consensus. For its part, the indicator of service sector climbed from 58.3 to 58.9, being that a fall to 57.5 was expected. The composite index went from 58.7 to 58.8. […]
Tag: Manufacturer
Philly Fed backs off less than expected from one-year highs
The main indicator of the manufacturing survey prepared by the regional bank of the Federal Reserve of Philadelphia fell from 26.5 in January to 23.1 in January. The reading was higher than 20.0, which was the market consensus. December’s had been the highest since February 2020. The New orders index went from 30.0 to 23.4, […]
Industrial production expands 0.9% in January compared to 0.5% expected
Industrial production in the US continued to expand at a solid rate in January. The US Dollar DXY Index is holding on to gains around the 91.00 level after the data. Industrial production in the United States expanded 0.9% on a monthly basis in January, the Federal Reserve of the United States reported on Wednesday. […]
New York’s Empire State Manufacturing Index improves to 12.1 points in February from 6 expected
The New York Empire State Manufacturing Index improved sharply in February. The US Dollar DXY Index bounces to 90.50 after the data. The general index of commercial conditions of the New York Fed’s Empire State manufacturing survey rose to 12.1 points in February from 3.5 in January, as revealed by the New York Fed report […]
Manufacturing sales increase 0.9% in December compared to 0.6% expected
Sales in Canada’s manufacturing sector increased more than expected in December. The USD / CAD pair is trading deep in negative territory around 1.2650. Manufacturing sales in Canada increased 0.9% in December to $ 54.2 billion, data released by Statistics Canada on Monday revealed. This reading arrives after the November drop of 0.4% and has […]
Factory orders increase 1.1% in December vs. 0.7% expected
Factory orders in the US increased more than expected in December. The US dollar index rises towards 91.50 in US business hours. New orders for manufactured goods, factory orders, in the US rose by $ 5.2 billion, or 1.1%, to $ 493.5 billion in December, data released by the US Census Bureau on Wednesday showed. […]
ISM Manufacturing falls more than expected in January to 58.7
The ISM manufacturing activity index fell in January from 60.5 to 58.7. The data implied a setback greater than expected since the market consensus was for a reading of 60.0. The December data was downward from 60.7 to 60.5. The ISM employment index rose from 51.7 to 52.6, while that of new orders went from […]
Manufacturing PMI falls more than expected in January to 54.4
The report of Canada January Markit Manufacturing PMI showed figures below expectations showing a drop to 54.4, from the reading of 57.9, lower than the 57 of the market consensus. Shreeya Patel, an economist at IHS Markit said that signs of fragility emerged with the five components of the PMI easing at the beginning of […]
Final manufacturing PMI exceeds estimates with 54.1 points in January
Activity in the UK manufacturing sector improved more than expected in January, IHS Markit’s final report confirmed on Monday. The IHS Markit / CIPS Manufacturing PMI Purchasing Managers Index for the UK seasonally adjusted it was revised up to 54.1 points in January compared to the 52.9 expected and the first reading of 52.9. Despite […]
PMI for services and manufacturing rises more than expected in January
He Marklit’s preliminary report showed better-than-expected data from the US. The sector indicator services it rose to 57.5 in January, above the market consensus of 53.4. The previous month it had stood at 54.8. With respect to manufacturer it posted a rise to 59.1 from 56.5, beating the expectation of 56.5 The index compound it […]