U.S manufacturing PMI

U.S.-Ezone Manufacturing PMI Differential Narrowed in September

October 1, 2020

The Institute of Supply Management’s U.S. manufacturing purchasing managers index settled back 0.6 points to a 2-month low of 55.4 in September. Sub-indices for production and orders showed a more pronounced slowdown, dropping 2.3 and 7.4 points under their August readings. The IHS-compiled euro area factory PMI, in contrast, increased 2.0 points to a 25-month […] More

Factory PMI Spread Shifts in U.S. Direction for Third Straight Month

May 2, 2014

The U.S. minus Euroland manufacturing purchasing managers index differential rose to 1.5 points in April from 0.7 in March, 0.0 in February and minus 2.7 in January.  The U.S. reading rose in each of those months, including a 1.2-point advance in April.  This connotes an acceleration in the rise of manufacturing activity since January.  The […] More

U.S. Manufacturing Advantage over Ezone Extended in February

March 1, 2013

Purchasing manager survey data indicate that the United States last month enjoyed its widest advantage over the euro area since July, although such was just as good in October.  The difference between the two indices is shown in the column below labeled “spread.”  The U.S. reading of 54.2 was 1.1 points greater than in January […] More

U.S.-Minus-Ezone Manufacturing PMI Differential Widened Last Month

October 1, 2012

The U.S. manufacturing purchasing managers index climbed back above the 50 no change level after three straight sub-50 readings, while Euroland’s counterpart stayed below the 50 threshold for a fourteenth straight month.  The spread between the two indices widened by 0.9 to 5.4 points.  The United States has enjoyed an advantage versus Euroland since August […] More

U.S. Enjoyed Greatest Manufacturing Advantage over Euro Area in 22 Months

December 1, 2011

In November, America’s manufacturing purchasing managers index rose 1.9 points to 52,7, while the Euroland counterpart weakened 0.7 points to 46.4.  Values above 50 signify expanding activity, and those below that level imply a contraction. The U.S. index hasn’t printed below 50 since July 2009, the first month of the present business cycle expansion.  Euroland’s […] More