manufacturing

This from today's Fed Beige Book survey: Reports from the twelve Federal Reserve Districts suggest that economic activity continued to expand moderately from November through December. Conditions were said to be improving in the Boston,…

by Annaly Capital Management Yesterday the Census Bureau released manufacturers’ new orders, which is usually seen as a leading indicator for the US economy. According to a Bloomberg article titled Orders to U.S. Factories Increase in Sign…

The PMI Index for the December 2010 Manufacturing ISM Report On Business® released this morning increased to 57.0% from 56.6% in November. With 50 seen as the demarcation between expansion and contraction, the report shows a manufacturing…

from the BBH Currency Strategy Team The US dollar extended its Wednesday's losses after softer bond yields prevailed following yesterday's successful auction and light volume weighed on the dollar's tone. The euro traded on a supportive…

By Dr. Lacy Hunt, Hoisington Investment Mgt. Co. The October employment situation was dramatically weaker than the headline 159k increase in the payroll employment measure. The broader household employment fell 330k. The only reason that…

The Institute for Supply Management (formerly the National Association of Purchasing Management) releases the widely-followed Report On Business® each month.  This is considered the most important data set in the manufacturing sector.…

by Annaly Capital Management Thursday’s third quarter GDP release provides a ton of fodder for the data dorks among us. There will be more to follow on this in the October monthly commentary, but today we’ll look at just one of the…

by Win Thin We don’t think that the timing of the PBOC hike was any coincidence, as the monthly data deluge from China is scheduled for October 21.  It appears that price pressures and bank lending remain too strong for the…

The US industrial production fell 0.2% in Sept.  The market consensus was for a gain of the same magnitude.  This is the first decline since June 2009.  Manufacturing output fell 0.2%, utility output fell 1.9%, and mining…

Because of US and European pressure Beijing may allow much faster appreciation of the renminbi than it likes over the next year, but this will almost certainly be accompanied with policies that reduce the adverse employment impact. In my…