U.S. and Euroland manufacturing PMIs

Bigger U.S. than Ezone Acceleration in Manufacturing Last Month

February 1, 2017

The U.S. Institute of Supply Management reported a 1.5-point increase in the manufacturing purchasing managers index to a very robust 26-month high reading of 56.0. That advance, which followed a combined 2.5-point increase in the last two months of 2016, was powered in January by gains of 3.5 points in prices, 3.3 points in jobs, and […] More

Strong Factory Growth Acceleration in Both Ezone and U.S.

January 3, 2017

The Institute of Supply Management’s U.S. manufacturing purchasing managers index climbed 1.5 points in December to a two-year high of 54.7. Markit Economics’ U.S. factory-sector PMI told a similar story, printing at a 21-month peak of 54.3 in the final month of 2016. The euro area PMI in manufacturing, compiled by Markit Economics, rose almost […] More

U.S. Regains Small Manufacturing PMI Advantage Versus Euro Area in March

April 1, 2014

For a second straight month, the spread between the U.S. and Ezone purchasing manager indices was less than 1.0 in size, but after identical readings in February, the U.S. retook a modest 0.7-point advantage amid a further rise in the euro.  Currency appreciation can erode the competitiveness of Euroland exports and import-competing goods.  The improved […] More

Steady U.S. Advantage vs Ezone in Manufacturing

November 4, 2013

The U.S. commanded a 5.1-point manufacturing purchasing managers index premium over the euro area in October for the third time in the past four months.  Each index was above 50 in all four months, which signifies trends of expansion, but the pace is significantly fast in the United States.  The composition of the U.S. PMI […] More