Coming up: ISM survey of U.S. factory activity in March
The numbers: The Institute for Supply Management’s Manufacturing PMI, a closely followed index of U.S.-based manufacturing activity, slipped to 57.1% in March from 58.6% in the prior month, the research group said Friday. This is the lowest level since September 2020.
Any... The numbers: The Institute for Supply Management’s Manufacturing PMI, a closely followed index of U.S.-based manufacturing activity, slipped to 57.1% in March from 58.6% in the prior month, the research group said Friday. This is the lowest level since September 2020. Any number above 50% signifies growth. This is the 22nd straight month the index has been above the breakeven rate.
Released after the jobs report, the employment index rose 3.4 points to 56.3%. The prices index shot up 11.5 points to 87.1%.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
US: ISM Manufacturing PMI falls to 57.1 in March versus 59.0 expectedThe headline ISM Manufacturing Purchasing Manager's Index (PMI) figure fell to 57.1 in March from 58.6 in February, a miss against expectations for a
Read more »
US Dollar Index clings to gains around 98.60, focus on NFP, ISMThe greenback, in terms of the US Dollar Index (DXY), extends the rebound to the 98.60 region, where some initial resistance seems to have turned up s
Read more »
March jobs report 2022: Solid month of US hiring expected despite obstaclesThe U.S. government will issue the March jobs report at 8:30 a.m. ET on Friday.
Read more »
March jobs report: US employers added 431,000 jobs last month, unemployment rate shrinks to 3.6%Despite the inflation surge, damage from COVID-19 and now a war in Europe, employers have added at least 400,000 jobs for 11 straight months.
Read more »
Poole party: March best month for third-year guardJordan Poole has caught the attention of the entire league this month.
Read more »