News
U.S. Manufacturing Contracts at Slower Pace in November
In November, U.S. manufacturing remained in contraction but at the slowest pace of the past five months. The S&P Global U.S. Manufacturing PMI rose to 49.7 in November from 48.5 in October, barely below the 50 threshold that indicates a contraction in the sector. This suggests manufacturing conditions continued to deteriorate but to a lesser […]
Consumer and Intermediate Goods Drive Growth Despite Investment Goods Decline
In November, the global manufacturing sector stabilized at 50.0 after contracting for four consecutive months. Three of the five PMI components were at levels consistent with expansion, as output and new orders registered meager growth, and average vendor lead times lengthened. On the other hand, employment and stocks of purchases both declined but at slower […]
Production and Inventories See Slower Declines Amid Tariff Concerns
In November, the U.S. manufacturing sector contracted for the eighth consecutive month, with the ISM Manufacturing® PMI rising to a five-month high at 48.4% from 46.5% the prior month, indicating activity contracted at a slower pace. The New Orders Index returned to expansion after seven months of contraction, registering 50.4%. Meanwhile, production (46.8%), inventories (48.1%) […]
U.S. Job Openings Rise Despite Cooling Labor Market
In October, job openings for manufacturing dropped by 13,000 to 465,000, decreasing in both durable and nondurable goods by 4,000 and 8,000 job openings, The manufacturing job openings rate fell 0.1% to 3.5% in October and declined from 4.3% the previous year. The rate for durable goods manufacturing stayed the same at 3.8%, while it […]
Unemployment Rate Rises Slightly, Labor Participation Dips
Nonfarm payroll employment increased by 227,000 in November, recovering from the measly job gain the prior month and beating the expectation of 214,000. October’s job gain, which was revised upward to 36,000 from 12,000, was impacted heavily by hurricanes and strike activity. The 12-month average stands at 186,000 job gains per month. The unemployment rate […]
NAM: D.C. Circuit Should Preserve SEC Oversight of Proxy Firms
brief. What’s going on: The Nov. 15 brief asking the appeals court to overturn a February ruling by the D.C. District Court is the latest in a campaign by the NAM to ensure reasonable regulation of proxy firms. These powerful, unregulated entities often dictate how shareholders vote on proxy ballot proposals that come before public …
Month-to-Month Prices Edge Down Before Seasonal Adjustments
In September, the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index recorded a 3.9% annual gain, down from 4.3% in August. Similarly, the 10-City Composite saw an annual increase of 5.2% in September, a decrease from 6.0% the previous month, while the 20-City Composite rose 4.6% year-over-year, down from 5.2% in August. Among the […]
