Philly Fed Manufacturing Gauge Surges, Suggesting Factory Revival
The indexes for new orders, employment, and shipments all turned positive in July.
The indexes for new orders, employment, and shipments all turned positive in July.
After 16 months in contraction, the ISM manufacturing survey unexpectedly popped into positive territory.
The business conditions index falls to the lowest level since the pandemic-stricken months of 2020.
The manufacturing sector continued to contract in December, a closely watched economic barometer from the Institute for Supply Management indicated on Wednesday.
The N.Y. Fed’s “Empire State” manufacturing index sank to -14.5 in December, the lowest level in four months.
Orders are down. Employment is soft. Production is falling.
The Dallas Fed survey of manufacturers shows production expanded in October.
The Empire State manufacturing index has turned extremely volatile during the Bidenflation era.
The latest Federal Reserve regional manufacturing surveys provide growing evidence that the manufacturing sector is rebounding.
Factory activity picked up even as businesses say they are facing stiff wage pressures and a deteriorating business climate.
The Dallas Fed’s barometer of activity in the Texas manufacturing sector showed contraction for the 16th straight month.
Another sign that the economy is not cooling off despite Federal Reserve rate hikes.
The eighth straight month in negative territory.
A huge and unexpected surge in factory orders for New York manufacturers.
Production increased even though perceptions of general business business conditions worsened and new orders fell.
Another “no landing” report.
Manufacturing is rolling over but this probably will not help much on the inflation front.
S&P Global’s survey indicates a second consecutive month of contraction.
Texas manufacturing declined for the seventh straight month.
Manufacturers reported raising prices even more in November than in October or September.
Measures of new orders and general business activity show demand declining in Texas.
“Weak economic outlooks are dragging on demand. The indicator last fell below 40 in the initial pandemic shock of 2020,” the Chicago ISM said.
Another one bites the dust.
The third regional Fed report suggesting stagflation.
A very stagflationary report from the Federal Reserve Bank of Philadelphia.
Dueling surveys paint different pictures of demand and production.
The Kansas City Fed manufacturing survey indicated a significant slump in activity even while it remained in positive territory.
The latest sign that the economy is buckling under the weight of high inflation and rising interest rates.
A bit of relief after the shocking crash in the Empire State manufacturing index.
We regret to inform you that the recession is back on.
The Philly Fed’s manufacturing index plunges even deeper into negative territory as high prices destroy demand and interest rates rise.
The Richmond Fed misread its own survey data and produced a report that foretold a massive lurch into deflation and depression.
The Richmond Fed index unexpectedly fell even further into negative territory even as inflation pressures remain extremely high.