August 1, 2022 | Daily JAM, Morning Briefing |
U.S. factory activity fell to 52.8 in July, according to the Institute for Supply Management’s manufacturing survey. That’s the lowest level on this index since June 2020 and it’s a slight dip from 53 in June. In this index anything above 50 indicates expansion and anything below 50 indicates contraction. A decline in new orders seems to be behind the dip.
April 15, 2020 | Daily JAM |
U.S. factory output dropped in March by 6.3% from February, according to the Federal Reserve today. That's the biggest drop since 1946, when the country's factories were gearing down after World War II. Economists surveyed by Bloomberg had forecast a 4.1% drop. Motor...
December 2, 2019 | Daily JAM, Mid Term |
According to the Purchasing Managers Index from the Institute for Supply Management the U.S.manufacturing sector slipped further into contraction in November with the index dropping to 48.1 in November from 48.3 in October. That was a fourth-straight monthly...
