Independent Strategy

Tags: Manufacturing

US

POST » 5th November, 2019 » US October PMIs

We now have the final October purchasing managers indices for October and the data paints something of a mixed picture.  That could be seen as slightly encouraging given our concerns that the economic soft spot was turning into something more damaging.

US

POST » 17th September, 2019 » US August Industrial Production

Better than expected bounce in August industrial production, although it doesn’t look so flattering in y/y terms with the growth rate (if you can call it that) slowing further to just 0.36%. And that includes a +0.68 contribution from energy.  Manufacturing in other words is contracting, registering a drop of -0.44% y/y.

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