Posts Tagged ‘manufacturing’

ISM Services Catches Manufacturing’s Cold – Tumbles To Weakest Since 2016

After a week of abysmal global PMIs (and US manufacturing’s collapse to a standstill), expectations were ever hopeful for a small bounce in ISM Services data (even though it did bounce surprisingly in August) to save the world (and stocks). Markit Manufacturing BEAT – 51.1 (5mo highs) Markit Services MEET – 50.9 (up from 50.7 […]

Stocks, Bond Yields Plunge After Dismal Manufacturing Data

A 2nd consecutive contraction in US Manufacturing, according to ISM, has sparked selling in stocks and a bid for safe-havens like bonds and gold. ISM respondents “General market is slowing even more than a normal fourth-quarter slowdown.” (Fabricated Metal Products) “Business has been flat for us. Year-over-year growth has slowed dramatically.” (Miscellaneous Manufacturing) “We have seen […]

US Manufacturing Weakest Since 2009: "Business Sentiment Stuck At Gloomy Levels"

It’s been an ugly night for global economic surveys. September manufacturing PMIs from South Korea, Indonesia, South Africa, Italy, and the UK all printed below 50.0, confirming ongoing global weakness, and Sweden was a disaster. Only Canada and Brazil managed upside surprises as all eyes are firmly focused on US manufacturing surveys – hoping they […]

US manufacturing contracts for first time in 3 years

… by Press TV, Tehran [ Editor’s Note: The Trump regime has been doing a dance to avoid using the “R-word”, but that has been like trying to push a string. Now the statistics are here – two quarters of domestic manufacturing declines. It’s called a RECESSION. Overall, consumer spending is OK for now, and […]

Manufacturing Dissent: Modernization And The Surge Of Nonviolent Resistance

Manufacturing Dissent: Modernization And The Surge Of Nonviolent Resistance Above Photo: Igor Jeremic/Flickr Many studies have focused on the conditions that contribute to successful nonviolent resistance campaigns, but few analyze the reasons or events that cause these campaigns to emerge. This study provides insight into some of the possible explanations for the increase of nonviolent campaigns […]

Stocks, Bond Yields Plunge After Manufacturing Recession Signal

Following President Trump’s tweets towards China and ISM confirming US Manufacturing is in recession, US equity markets and bond yields are tumbling…. Dow was down over 400 points, erasing all the gains from so-called “phone calls” last week with China… And Treasury yields tumbled (after 30Y briefly topped 2.00% overnight)… Source: Bloomberg We’re gonna need […]

US Manufacturing Weakest In 10 Years As New Export Orders Collapse

With Flash PMI in contraction and ISM sliding fast, expectations were for a very modest rise in both measures of manufacturing in August as ‘hard’ US macro data picked up relative to expectations. The headline Markit Manufacturing PMI inched back into expansion with a final 50.3 print for August (after a 49.9 flash print), however, […]

The Manufacturing of Bone Diseases: The Story of Osteoporosis and Osteopenia

The Facts: The Facts:This article was written by Sayer Ji, Founder of Greenmedinfo.com where this article was originally published. Posted here with permission. Reflect On: Modern day definitions of Osteopenia & Osteoporosis were conceived by the World Health Organization (WHO) in the early 90’s and then projected upon millions of women’s bodies in order to […]

Recession Alarm: US Manufacturing PMI Unexpectedly Crashes Into Contraction With Lowest Print In 10 Years

With all eyes focused squarely on Germany’s dismal PMI prints, which have been in contraction for over half a year, the investing public forgot that the US economy is similarly slowing down. And moments ago it got a jarring reminder when Markit reported that the US manufacturing PMI unexpectedly tumbled into contraction territory, down from […]

"The Situation Is Crazy" – US Manufacturing PMI Plunges To 10-Year Lows

With China, Europe, and Japan Manufacturing PMIs are all signaling contraction, US Manufacturing PMI dropped to its weakest since September 2009 (at 50.4 vs 50.6 prior) and ISM Manufacturing tumbled to 51.2 – the lowest since Aug 2016. While manufacturing makes up only about 11% of the U.S. economy, the risk is that further weakness […]

Iran gains technology for manufacturing airbag control units

A major Iranian auto parts maker says it has gained the technology needed for manufacturing the airbag control unit (ACU) amid sanctions that have restricted Iran’s ability to import high-tech parts needed in its automotive industry. The CEO of the Crouse Company, the largest car parts manufacturer in Iran, said on Thursday that his […]

US Manufacturing PMI Slumps To 10-Year Low, Business Outlook Worst On Record

Despite a collapse in European Manufacturing PMIs (led by Germany), and 3rd month of contraction in Japan PMIs; US PMIs were expected to modestly rebound in preliminary July data, but instead the picture was mixed: US Manufacturing PMI missed – printing 50.0 versus 51.0 exp and down from 50.6 in June US Services PMI beat […]

Dollar Impact On U.S. Manufacturing Employment

Via Global Macro Monitor, We came across a very interesting find tonight when looking at the monthly year-on-year change in the value of the trade-weighted dollar index relative to the 3-month change in manufacturing payrolls since 2014.   We found that when the change in the value of the dollar is lagged 9-months in the past […]

US Composite PMI Hovers Near 3-Year Lows: Manufacturing Slowdown Spreads To Services

With the global composite manufacturing PMI tumbling into contraction, hope remains high that ‘services’ can save the world and Markit’s Services PMI did indeed offer some hope today with a small rebound from May’s 39-month lows. US Services PMI rose from 50.9 to 51.5 in June (up from the flash 50.7 print also) but remains […]

US Manufacturing Surveys "Paint A Worrying Sign Of Marked Declines"

Overnight saw surveys confirm that factory activity collapsed in June across Asia and Europe. China’s manufacturers saw sales, exports and production fall, while Germany suffered from weaker foreign demand. Exports from South Korea plunged almost 14%, and Japan’s Tankan confidence index dropped to a three-year low. This comes on the heels of the total, broad-based […]

US Manufacturing PMI Plunges To 10-Year Lows, Services ‘Hope’ Lowest On Record

Following (slightly) better-than-expected European PMIs, expectations for US PMIs was for some stabilization after May’s collapse but they did not. Both preliminary Manufacturing and Services PMIs for June dropped further, edging closer to contraction: Flash U.S. Composite Output Index at 50.6 (50.9 in May). 40-month low. Flash U.S. Services Business Activity Index at 50.7 (50.9 […]

US Manufacturing ‘Hope’ Crashes To Record Low

Following the US Services sector’s collapse (and Canada and China’s plunge), US Manufacturing’s soft survey data tumbled in May. The headline PMI fell to its lowest level since September 2009 as output growth eased (with output expectations crashing to the joint-lowest since records began) and new orders fell for the first time since August 2009. […]

“Manufacturing Dissent”: The Anti-globalization Movement is Funded by the Corporate Elites

This article was first published in 2010. The author’s introductory quote was first formulated in 2001 in the context of the Summit of the Americas in Quebec City which was held a few months before 9/11 “Everything the [Ford] Foundation did could be regarded as “making the World safe for capitalism”, reducing social tensions by […]

Media is complicit in manufacturing consent for Venezuela regime change, but that’s nothing new

Danielle Ryan is an Irish freelance writer based in Dublin. Her work has appeared in Salon, The Nation, Rethinking Russia, teleSUR, RBTH, The Calvert Journal and others. Follow her on Twitter @DanielleRyanJ It is a documented and indisputable fact that the US government lies to provoke wars – and the media’s continued refusal to accept […]

US Services Economy Surges In Feb As Manufacturing Slumps

While Manufacturing surveys (ISM and PMI) plummeted in February – tracking the plunge in ‘hard’ data – Services PMI just rebounded from 54.2 to 56.0 (admittedly very marginally below the preliminary print of 56.2). The upper pane below shows the dramatic divergence between Markit’s Manufacturing (plunge) and Services (surge) surveys. The lower pane shows the […]

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