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January 3, 2017 | ISM PMI Shows New Orders, Production, Employment Growing

Mike 'Mish' Shedlock

Mike Shedlock / Mish is a registered investment advisor representative for SitkaPacific Capital Management. Sitka Pacific is an asset management firm whose goal is strong performance and low volatility, regardless of market direction.

The Manufacturing PMI Report from the Institute of Supply Management put in a good set of numbers today.

IndexDecNovPP ChangeDirectionRate of ChangeTrend in Months
PMI®54.753.21.5GrowingFaster3
New Orders60.253.07.2GrowingFaster3
Production60.356.04.3GrowingFaster3
Employment53.152.30.8GrowingFaster2
Supplier Deliveries52.955.7-2.8SlowingSlower7
Inventories47.049.0-2.0ContractingFaster17
Customers’ Inventories49.049.00.0Too lowSame2
Prices65.554.511.0IncreasingFaster9
Backlog of Orders49.049.00.0ContractingSame5
New Export Orders56.052.04.0GrowingFaster9
Imports50.550.50.0GrowingSame2

Mike “Mish” Shedlock

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January 3rd, 2017

Posted In: Mish Talk

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