manufacturing PMIs in the U.S. and eurozone

Manufacturing Activity Grew Last Month at a Faster Pace in the U.S. and Euro Area

January 3, 2018

The U.S.-minus-Euroland PMI spread narrowed to -0.9 percentage points in December from -1.9 percentage points in November. The ISM’s U.S. index rose to a 3-month high of 59.7% from 58.2%, and IHS’s Euroland¬†purchasing managers index climbed to a record high of 60.6% from 60.1%. The high export content of manufacturing makes such more sensitive to […] More

Widest U.S. Manufacturing Advantage Versus Euroland in Two Years

March 1, 2017

The Institute of Supply Management’s U.S. manufacturing purchasing managers index jumped 1.7 points in February to a 28-month high of 57.7. This faster improvement of conditions was led by new orders, up 4.7 points, and production, up 1.5 points. Inflationary pressured settled back a point but remained well above the 50 level that separates expansion […] More

Scant Change in U.S.-Eurozone Factory PMI Spread Last Month

May 4, 2015

The differential between the U.S. and Euroland manufacturing purchasing manager indices was negative 0.5 points in April.¬† Such had previously swung from +7.5 in November to -0.7 in March.¬† The U.S. index printed at 51.5 for a second straight month in spite of increases of 2.2 points in production, 1.7 points in new business and […] More