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Philly Fed Manufacturing Index Rebounds In August For Strongest Month Since April 2022
Thursday, August 17, 2023 - 9:23am | 473Philadelphia’s manufacturing sector demonstrated a remarkable turnaround in August, as indicated by the latest report from the Philadelphia Fed Manufacturing Index. The index surged to +12, a stark contrast to July’s dismal -13.5 figure. This positive uptick not only surpassed market...
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March Purchasing Managers Index Falls More Than Expected: US Yields Tumble
Monday, April 3, 2023 - 10:57am | 435Economic activity in the manufacturing sector fell for the fifth month in a row in March, according to the latest Manufacturing Institute of Supply Management (ISM) Report On Business released Monday. The March Manufacturing PMI came in at 46.3, the lowest since May 2020, down from 47.7...
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Today's Pickup: Another ELD Provider Shuts Down
Monday, May 4, 2020 - 12:44pm | 782Good day, When the electronic logging device (ELD) mandate went into effect, there were more than 250 companies that self-registered their devices for compliance. Most expected that number to shrink over time, and it has. The latest company to abandon its ELD program is Continental. The company...
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Unleash The Bulls: Surge In September Hiring Data Jolts Markets Higher
Friday, October 3, 2014 - 4:42pm | 1615U.S. markets rose sharply after the U.S. government reported that 248,000 jobs were created in September, bringing the unemployment rate to 5.9 percent, the lowest it has been since July 2008. In addition to the jobs report, data from the U.S. government showed the trade deficit narrowing in...
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Previewing This Week's Economic Reports
Friday, September 9, 2011 - 2:09pm | 237There is a slew of economic data this week, with a look at inflation, retail sales, initial jobless claims, and manufacturing data leading the way. There are no economic reports scheduled to be released on Monday. Tuesday, September 13, we get August export and import prices at 8:30 a.m. At 2...
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Manufacturing Data Drives Up Sentiments, Market (PGJ, FXI, INDY, EWA, AA, X, CENX)
Monday, February 1, 2010 - 3:18pm | 302China's manufacturing sector continued its manufacturing expansion in January, with the purchasing managers’ index released by HSBC Holdings Plc and Markit Economics rising to 10.7%, a record high since 2007. Meanwhile, India and Australia also reported manufacturing growth. The strong data drove...