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Manufacturing sector falls; weak dollar aids exports
The economy in recent months was in slightly better shape than economists predicted, data released Monday show, casting further doubt on whether the Federal Reserve will cut interest rates later this month. The Institute for Supply Management's purchasing managers index that tracks manufacturing rose a point...
Tags: economist, Federal Reserve Board, ISM, Manufacturing, recession
Research articles 2008-06-03
Wall Street stumbles
NEW YORK -- Wall Street pulled back in erratic trading Monday as investors grew more concerned about a deteriorating housing market and the widening impact of soured debt after Citigroup Inc. warned it plans to book $8 billion to $11 billion in additional losses. The Dow Jones...
Tags: Citigroup Inc., FINANCE, Investment, ISM, Merrill Lynch & Co. Inc., Prince, stock
Research articles 2007-11-06
Economy slows down but keeps on growing
NEW YORK -- The shriveled housing market may be a drag on U.S. business activity, but it hasn't stopped it. The nation's service economy, like its manufacturing sector, slowed in September but still saw growth. The service sector hasn't seen a month of contraction in four- and-a-half...
Tags: Federal Reserve Board, FINANCE, inflation, ISM
Research articles 2007-10-04
Wall Street to focus on manufacturing, jobs
NEW YORK -- The first week of the third quarter will probably be a quiet one as many fund managers, having put the final touches on their portfolios last week, leave on their Fourth of July vacations. But a few key snapshots of the economy -- notably the...
Tags: FINANCE, ISM, job, Manufacturing, U.S. Department of Labor
Research articles 2007-07-02
The 28th annual engine yearbook
ARROW Arrow Engine Co. 2301 E. Independence Tulsa, OK 74110-4900 Tel: (918) 583-5711 (800) 331-3662 Fax: (918) 388-3202 Website: wwwarrowengine.com Contacts Sales & Marketing: Kevin Doucher, Kavas Mistry Engineering: Everett Treat Parts & Service: Dave Reak Warranty: Roger...
Tags: Cummins Inc., ISM, U.S. Environmental Protection Agency
Research articles 2007-06-01
Construction Spending Rises 0.2%
Construction spending rose 0.2% in March, the second straight monthly increase, the Commerce Department said last week.In other economic news last week:* Consumer personal spending rose 0.3% in March, the Commerce said. Incomes rose 0.7% for a second straight month.* First-quarter U.S. worker productivity rose 1.7%, compared with a 2.1%...
Tags: construction, FINANCE, ISM, Manufacturing, U.S. Department of Commerce, worker
Research articles 2007-05-07
U.S. manufacturing sector expands at faster-than-expected rate in
NEW YORK -- The nation's manufacturing sector showed surprising strength in April, growing at a faster-than-expected pace and pushing up prices for fuel, metals and corn-based products, a trade group said Tuesday. The Institute for Supply Management, based in Tempe, Ariz., said its manufacturing index registered 54.7, above...
Tags: Federal Reserve Board, FINANCE, inflation, ISM, Manufacturing
Research articles 2007-05-01
US service sector growth cools: ISM
WASHINGTON AFP — Growth in the vast services sector of the US economy cooled in February, a survey by the Institute of Supply Management showed Monday. The ISM nonmanufacturing index fell to 54.3 percent last month from 59 percent in January. The figure was considerably weaker than the...
Tags: Agence France-Presse, FINANCE, ISM, MARKETING, survey
Research articles 2007-03-05
US industrial sector rebounds: ISM survey
WASHINGTON AFP — The struggling US manufacturing sector rebounded in February as factories trimmed inventories and boosted output for a broad range of goods, the Institute of Supply Management ISM reported Thursday. The ISM index of national industrial activity rose to 52.3 percent from 49.3 percent in January. ...
Tags: Agence France-Presse, ISM, Manufacturing, MARKETING, survey
Research articles 2007-03-01
US manufacturing activity rebounds: ISM
WASHINGTON AFP — US industrial activity rebounded in December following a surprise contraction in the prior month, a survey by the Institute of Supply Management showed. The ISM index of national industrial activity rose to a better-than-expected 51.4 percent in December from 49.5 percent in November. Most Wall Street analysts...
Tags: Agence France-Presse, contraction, ISM, Manufacturing, MARKETING, survey
Research articles 2007-01-03
Is index decline good?
When is a slipping business-conditions barometer a good thing? Apparently when it portends long-term growth. That's the conclusion of Ernie Goss, a Creighton University economics professor who puts together the Mountain States Business Conditions Index. The index indicated that Utah's 56.4 figure for November -- down...
Tags: Federal Reserve Board, ISM, job, Manufacturing, survey, Utah
Research articles 2006-12-02
Factory Orders, Personal Spending Rise
Factory orders rose 2.1% in September, the Commerce Department said Nov. 2. The increase, driven by rising aircraft orders, followed a 0.3% decline in August. Excluding transportation equipment, orders fell 2.4%, following a 0.7% decline.In other economic news last week:* Personal spending rose 0.1% in September, Commerce said. Personal incomes...
Tags: aircraft, Institute for Supply management, ISM, Manufacturing, Transportation, U.S. Department of Commerce
Research articles 2006-11-06
US manufacturing activity cools further: ISM
WASHINGTON AFP — Growth in US industrial activity slowed in October while inflation pressures eased, a survey by the Institute of Supply Management showed. The ISM index of national industrial activity fell to 51.2 percent from 52.9 percent in September. That was weaker than the figure of 53.0 percent expected...
Tags: Agence France-Presse, FINANCE, inflation, ISM, Manufacturing, MARKETING, survey
Research articles 2006-11-01
US manufacturing index falls
WASHINGTON AFP — US manufacturing grew at a cooler pace in September but still reflected steady overall growth, a survey by the Institute of Supply Management has showed. The widely tracked ISM index of national industrial activity eased to a weaker-than-anticipated 52.9 percent in September from 54.5 percent in July....
Tags: Agence France-Presse, ISM, Manufacturing, MARKETING, survey
Research articles 2006-10-02
Acceleration in US service sector: ISM
WASHINGTON AFP — Economic activity accelerated in the US economy's vast services sector in August, the Institute for Supply Management said. The ISM index of nonmanufacturing activity rose to 57.0 percent in August from 54.8 percent in July. Any figure above 50 indicates expansion, so the ISM report suggested stronger...
Tags: Agence France-Presse, ISM
Research articles 2006-09-06
US service sector weakens: ISM
WASHINGTON AFP — The US economy's pivotal services sector weakened in July, the Institute for Supply Management said. The ISM index of non-manufacturing activity slipped to 54.8 percent from 57.0 percent in June. That was less than Wall Street's consensus target of 56.5 percent. The report will feed...
Tags: Agence France-Presse, FINANCE, Institute for Supply management, ISM
Research articles 2006-08-03
Key US service sector decelerates: ISM
WASHINGTON AFP — The US economy's massive service sector cooled in June, a survey by the Institute of Supply Management showed. The ISM nonmanufacturing index fell to 57.0 percent in June from 60.1 percent in May. Any number above 50 indicates growth, so the latest report suggests a...
Tags: Agence France-Presse, ISM, MARKETING, survey
Research articles 2006-07-06
Utah economy humming
Interest rate hikes and high gas prices are finally showing their teeth, nibbling into the regional and national economies -- except in Utah, where the state's business leaders and supply managers are reporting brisk economic activity. The Mountain States Business Conditions Index, released Monday, dipped to 65.4 in...
Tags: Federal Reserve Board, FINANCE, ISM, MARKETING, Utah
Research articles 2006-07-04
US service sector weakens in May: ISM
WASHINGTON AFP — The US economy's all-important services sector weakened in May, according to a survey by the Institute for Supply Management. The ISM non-manufacturing index slipped to 60.1 percent from 63.0 percent in April, roughly in line with Wall Street expectations. Any figure above 50 indicates expansion,...
Tags: Agence France-Presse, ISM, MARKETING, survey
Research articles 2006-06-05
US manufacturing activity cools: ISM
WASHINGTON AFP — Claims for US unemployment benefits rose 7,000 to 336,000 in May, the US Department of Labor said. The number of claims was higher than the 320,000 expected by Wall Street analysts for the week up to May 27. The four-week moving average for initial claims...
Tags: Agence France-Presse, ISM, Manufacturing
Research articles 2006-06-01
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