Tag

Ism

All articles tagged with #ism

economy4 months ago

US Manufacturing Sector Contracts for Sixth Consecutive Month, ISM Reports Uncertainty in Tariffs

The ISM® PMI® Reports are monthly economic indicators that provide reliable insights into the manufacturing, services, and hospital sectors, guiding supply chain professionals, economists, and policymakers. The reports are released on the first, third, and fifth business days of each month, with seasonal adjustments made annually to improve accuracy. ISM also offers forecasts and strategic tips for leveraging PMI data in decision-making.

businesseconomy1 year ago

"Surprise Surge: US Manufacturing Hits Fastest Growth in March 2024"

The US manufacturing sector has shown its strongest performance since 2022, with the Institute for Supply Management reporting a reading of 50.3 in March, marking the first expansion since September 2022, and S&P Global indicating a 22-month high in production. This growth has led to optimism among Wall Street strategists, but concerns arise as prices paid increased in both reports, posing a challenge for the Federal Reserve's inflation targets.

science-and-technology1 year ago

"Enhancing Microscope Information with Photon-by-Photon Image Building"

A new compact ISM microscope equipped with a SPAD array detector provides high-resolution structural and functional imaging by recording the spatial distribution of incident light, enabling super-resolution technique known as image scanning microscopy (ISM). Researchers at the Italian Institute of Technology developed the microscope, which combines fluorescence lifetime measurements with ISM (FLISM) and time-resolved measurements with stimulated emission depletion (STED) microscopy, allowing for multispecies imaging with a single detector for increased structural specificity. The system can distinguish different dyes with their fluorescence lifetime values and enriches the microscopy dataset with additional spatial and temporal information without the need to change the optical architecture of a confocal microscope.

finance2 years ago

Gold prices react to shifting economic indicators and market trends.

Gold prices have risen as the US service sector activity fell more than expected in May, according to the Institute for Supply Management (ISM). The ISM said its Services Purchasing Managers Index fell to 50.3% last month, down from April's reading of 51.9%. The gold market has seen a solid bounce off of support just above $1,950 an ounce, and the disappointing economic data is providing new momentum. Analysts have said that gold is seeing new momentum as the disappointing economic data could force the Federal Reserve to end its interest rate hikes.

finance2 years ago

U.S. ISM Services PMI Holds Steady, Gold Prices Slightly Up.

Gold prices remain above $2,000 an ounce despite healthy economic growth, as the Institute for Supply Management (ISM) reports that its Services Purchasing Managers Index came in at 51.9% last month, roughly unchanged from March's reading at 51.8. The gold market is not seeing much reaction to the latest economic data as it attracts modest bullish attention. Meanwhile, inflation pressures continue to hold at elevated levels, with the Prices Index coming in at 59.6%, up slightly from March's reading.

finance2 years ago

Gold prices fluctuate amidst mixed economic data.

Gold prices fell below $2,000 an ounce after the U.S. manufacturing sector contracted for the sixth consecutive month in April, according to the Institute for Supply Management (ISM) manufacturing index. The employment index advanced into expansion territory, while the prices index increased to 53.2% from March's figure of 49.2%. The index for new orders rose but remained in contraction territory. Two of the six biggest manufacturing industries registered growth in April.

economy2 years ago

Global Manufacturing Slumps in March

The Institute for Supply Management's manufacturing activity fell to 46.3, the lowest since May 2020's 47.7, indicating contraction for four straight months. The survey confirms that the economy is coming off 2022's high boil, despite a continued robust job market and other signs of strength. The details of the ISM data look not so much recessionary, but more like things coming into a healthier balance in manufacturing. However, several categories of goods have continued shortages, particularly electronic components, and the supply chain disruption is still significant compared to pre-pandemic conditions.