Institute for Supply Management

U.S. Factory Activity Intensifies in December

The manufacturing sector expanded for the 17th straight month in December, with new orders rising faster than inventories. When combined with improvements in other sector components, the data suggest the factory sector will continue to support the U.S. economy expansion through at least the first quarter of 2011.

U.S. Manufacturing Grew a Bit Slower in November

A key U.S. manufacturing index unexpectedly dipped slightly in November, but it remained at a level that indicates that the industrial expansion continues. Led by export demand, the factory sector expanded for the 16th consecutive month.

Philly Fed Index Hits a High
for This Year

Manufacturing activity in the mid-Atlantic region unexpectedly surged in November, the Federal Reserve Bank of Philadelphia reported Thursday. The Philly Fed's Business Outlook Survey index jumped to 22.5 in November from 1 in October, it's highest reading since December 2009.

Strong News From the Services Sector

The services sector unexpectedly grew at a faster pace in September -- lowering the risk that the U.S. economy will fall into a double-dip recession. What%u2019s more, key services index components suggest both business activity and hiring will increase in the immediate quarters ahead -- something that could lead to increased hiring.

Factory Index Dipped in September, but Still Indicates Expansion

Manufacturing activity slowed in September, but the sector continues to expand, the Institute for Supply Management said Friday. What%u2019s more key component data for new orders point to weaker industrial growth in the fourth quarter, the group added.

Factory Orders Rise, but Not as Much as Expected

Factory orders rose just 0.1% in July, the U.S. Commerce Department announced Thursday in a report that further clarified that the manufacturing sector's expansion slowed down this summer. While the statistic did indicate tepid growth, it was less than the 0.3% gain economists had predicted.

Services Sector Index Unexpectedly Rose in July

The Institute for Supply Management's Non-Manufacturing Index showed the vital U.S. services sector expanding faster in July, which means a reduced risk of the nation's economy falling into a double-dip recession. What's more, July%u2019s data also points to an increase in hiring.

Service Sector Growth Slows in June

The June service sector report from the the Institute for Supply Management (ISM) shows slower growth heading into the second half of the year. The group's non-manufacturing index fell from a more robust reading in May. Despite the drop, the June number still indicates growth, just at a lower rate.