US manufacturing activity jumps to more than four-year high in July

Creighton survey shows slippage, but still growth in Iowa manufacturing

A Creighton University survey of supply managers in manufacturing plants in the middle of the country shows business conditions improved in the region last month and remain solid in Iowa. Creighton University Economics Professor Ernie Goss conducts the survey. “It’s consistent with solid overall regional economic growth as it spills over into the broader economy,” Goss […]

Manufacturing Index Reflects Continued Strong Growth - Highest in 4 Years

What we can take away from the Institute for Supply Management (ISM) index on manufacturing [Data Here]: overall, the U.S. manufacturing sector is continuing to expand significantly.  The current index of 55.6 percent in July is 2.3 percentage points above the June figure and the highest reading since May 2022 (55.9 percent), when we were […] The post Manufacturing Index Reflects Continued Strong Growth – Highest in 4 Years appeared first on The…

Here’s Why the US Manufacturing Surveys Are Diverging So Dramatically…

Here’s Why the US Manufacturing Surveys Are Diverging So Dramatically… Update (1015ET): As we noted below, there was a significant divergence between the two manufacturing surveys for July… which is not that unusual, and also an odd divergence between falling inflation expectations and universally rising commodity prices. Based on the responses to the ISM survey,...

U.S. Factory Growth Reaches Four-Year High as Production and Hiring Accelerate

American manufacturing expanded for a seventh consecutive month in July, with factory output reaching its strongest level since 2021 and employment returning to growth for ... The post U.S. Factory Growth Reaches Four-Year High as Production and Hiring Accelerate first appeared on [your]NEWS.

Dr. Copper Signals Boom As ISM PMI Hits 4-Year High - Global X Copper Miners ETF (ARCA:COPX)

Copper is up nearly 50% in a year, the ISM Manufacturing PMI hit a four-year high and factory employment expanded for the first time in 33 months.

US Manufacturing Jumps to 4-Year High in July