U.S. Manufacturing Index Edges Down To Lowest Level Since May 2020

RTTNews | 1084 dni temu

(RTTNews) - The Institute for Supply Management released a report on Wednesday showing U.S. manufacturing activity contracted at a slightly faster rate in the month of December.

The ISM said its manufacturing PMI edged down to 48.4 in December from 49.0 in November, with a reading below 50 indicating a contraction. Economists had expected the index to slip to 48.5.

Manufacturing activity contracted for the second consecutive month after expanding for 29 straight months, with the manufacturing PMI falling to its lowest level since hitting 43.5 in May 2020.

"The U.S. manufacturing sector again contracted, with the Manufacturing PMI at its lowest level since the coronavirus pandemic recovery began," said Timothy R. Fiore, Chair of the ISM Manufacturing Business Survey Committee.

He added, "With Business Survey Committee panelists reporting softening new order rates over the previous seven months, the December composite index reading reflects companies' slowing their output."

The report said the new orders index fell to 45.2 in December from 47.2 in November, while the production index slid to 48.5 in December from 51.5 in November.

Meanwhile, the number of employees index climbed to 51.4 in December from 48.4 in November, indicating job growth in the manufacturing sector.

The ISM also said the prices index dropped to 39.4 in December from 43.0 in November, falling to its lowest reading since April 2020.

Paul Ashworth, Chief North America Economist at Capital Economics, called the decrease by the manufacturing PMI "another sign that the economy was losing momentum at the tail-end of last year."

"Nearly all the survey-based evidence points to a complete stagnation or even contraction in activity," Ashworth added.

On Friday, the ISM is scheduled to release a separate report on activity in the service sector in the month of December.

The services PMI is expected to slip to 55.0 in December from 56.5 in November, although a reading above 50 would still indicate growth.

Tagi: USD

U.S. Consumer Confidence Deteriorates For Fifth Straight Month In December

Consumer confidence in the U.S. deteriorated for the fifth consecutive month in December, according to a report released by the Conference Board on Tuesday. The Conference Board said its consumer confidence index slid to 89.1 in December from an upwardly revised 92.9 in November.

RTTNews | 2g 6 minut temu

U.S. Industrial Production Rises 0.2% In November, Slightly More Than Expected

A report released by the Federal Reserve on Tuesday showed industrial production in the U.S. increased by slightly more than expected in the month of November. The Fed said industrial production rose by 0.2 percent in November after edging down by 0.1 percent in October. Economists had expected industrial production to inch up by 0.1 percent.

RTTNews | 2g 10 minut temu

U.S. Economy Grows Much More Than Expected In Q3

A report released by the Commerce Department on Tuesday showed the U.S. economy grew by much more than expected in the third quarter of 2025. The Commerce Department said real gross domestic product spiked by 4.3 percent in the third quarter after surging by 3.8 percent in the second quarter. Economists had expected GDP to jump by 3.3 percent.

RTTNews | 2g 31 minut temu

U.S. Durable Goods Orders Plunge 2.2% In October, More Than Expected

Reflecting a steep drop in orders for transportation equipment, the Commerce Department released a report on Tuesday showing new orders for U.S. manufactured durable goods fell by more than expected in the month of October. The report said durable goods orders tumbled by 2.2 percent in October after climbing by an upwardly revised 0.7 percent in September.

RTTNews | 2g 45 minut temu

U.S. Industrial Production Rises Slightly More Than Expected In November

A report released by the Federal Reserve on Tuesday showed industrial production in the U.S. increased by slightly more than expected in the month of November.

RTTNews | 3g 4 minut temu

U.S. Gross Domestic Product Spikes Much More Than Expected In Q3

A report released by the Commerce Department on Tuesday showed the U.S. economy grew by much more than expected in the third quarter of 2025.

RTTNews | 3g 50 minut temu

U.S. Durable Goods Orders Plunge More Than Expected In October

Reflecting a steep drop in orders for transportation equipment, the Commerce Department released a report on Tuesday showing new orders for U.S. manufactured durable goods tumbled by more than expected in the month of October.

RTTNews | 3g 53 minut temu

U.S. Consumer Sentiment Rebounds Less Than Previously Estimated In December

Consumer sentiment in the U.S. rebounded by less than previously estimates in the month of December, according to revised data released by the University of Michigan on Friday. The University of Michigan said its consumer sentiment index for December was downwardly revised to 52.9 from a preliminary reading of 53.3. Economists had expected the index to be upwardly revised to 53.4.

RTTNews | 4 dni temu

EURUSD	1.17765	GBPUSD	1.34818	AUDUSD	0.66916
USDJPY	156.366	USDCAD	1.37153	USDCHF	0.78934