The Chicago Purchasing Managers Index (PMI) in November it was 58.2 below the expected reading of 59.0, which implied a drop greater than expected from 61.1 registered in October. The dollar did not register variations after the report and remained under pressure against the main European currencies. . Donald WestbrookDonald-43Westbrook, a distinguished contributor at worldstockmarket, […]
Tag: Manufacturer
Durable Goods Requests Up 1.3% in October, Beating Expectations
The Durable goods requests in October rose 1.3%, beating the market consensus of 0.9% and after having advanced 2.1% in September (revised up from 1.9%). In general, all aspects of the report showed figures that were above expectations. The orders without taking into account defense, or aviation climbed 0.7% (against 0.5% expected) in October after […]
Markit Manufacturing and Services PMI Surprise Up in November to Year-Highs
The preliminary estimate of the Markit PMI index for Novemberbre showed higher than expected figures, which was followed by a recovery of the dollar in the market. The Manufacturing PMI index it rose from 53.4 to 56.7, beating the expectation that was for a reading of 53. Regarding the service sector index it went from […]
Chicago Fed activity index rises to 0.83 in October
The National activity index prepared by the Chicago Federal Reserve regional bank stood at 0.83 in October, which represents an improvement from September’s 0.32 reading, which was revised up from 0.27. The report highlighted that three of the four categories of indicators made positive contributions in October. The index’s three-month average fell to 0.75 from […]
Preliminary manufacturing PMI falls to 57.9 points in November from 56.5 expected
The German manufacturing PMI reaches 57.9 in November compared to the expected 56.5. Germany’s services PMI falls to 46.2 in November from 46.3 forecast. According to the preliminary IHS / Markit manufacturing activity report, released Monday, the preliminary figure for the German manufacturing PMI fell to 57.9 points in November. The figure is even better […]
Philly Fed Manufacturing Index falls less than expected in November to 26.3
Philly Fed falls in November, but exceeds expectations. The main index of the Manufacturing survey from the Philadelphia Federal Reserve regional bank showed a November drop from 32.3 to 26.3, A figure that despite the decline was better than the market consensus which was 22. The report highlights that it is the sixth consecutive positive […]
Empire Manufacturing Index falls in November to 6.3 against expectations of a rise to 13.5
The Empire manufacturing sector index showed an unexpected drop in November since 10.5 to 6.3, being that the market consensus was for a reading of 13.5. The order index fell from 12.3 to 3.7, the shipping index from 17.8 to 6.3 and the number of employees went from 7.2 to 9.4. The data was below […]
Ministry of Finance announces measures to stimulate investment in the manufacturing sector
The UK Ministry of Finance has said in a statement on Thursday that extend the £ 1 million tax break to stimulate investment in the country’s manufacturing sector. In addition, the annual investment allowance of £ 1 million will run until January 1, 2022, has added the Ministry. This occurs after the broader British industrial […]
Factory orders up 1.1% in September
The factory orders during the month of September they rose 1.1%, exceeding the expectation of an increase of 1%. In turn, the August figures were revised from + 0.7% to + 0.6%. It was previously known that the index New York ISM in October it climbed from 56.1 to 65.1. The data was ignored by […]
ISM manufacturing jumps to 59.3 in October, beating expectations
The ISM manufacturing sector activity report showed figures above expectations for October. The ISM manufacturing index it rose from 55.4 to 59.3, beating the market consensus of 55.8. The reading was the highest since September 2018. The employment indicator it went from 49.6 to 53.2, with a decline to 40.9 expected. The new order rate […]