May 2013 Jobs Data Could Show Fed Has No Reason To Signal Or Taper In 2013

Recent Fed Signaling May Be Too Early Depending On May 2013 Jobs Data: The stock market has been on a tear recently but Fed officials have been making comments that are getting market participants nervous.  This week’s ISM report, ADP payroll information and initial jobless claims data shows this approach may have been a bit[…]

U.S. Equities Fail To Follow Through On Poor ISM Data March 2013

Market may be overextended and pausing for next leg of the rally. The stock market gave back some of last week gains as poor economic data decreased bullish trading sentiment.  Stocks lost luster after a gap up in the early part of the session and continued to lose ground throughout the day.  What appeared to[…]

Dow Closes Above 14,000 On Positive Jobs Data, Consumer Confidence And Manufacturing Data

Dow Closes Above 14,000 On Positive Jobs Data, Consumer Confidence And Manufacturing Data: Just when the economy looked like it was teetering, the data gets better.  Today, a slew of economic data confirmed the economy isn’t in contraction mode although it’s still growing at a slow pace.  January 2013 nonfarm payrolls rose by 157,000 which[…]

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ISM Contracts For 3 Straight Months As Investors Await ECB and August 2012 Unemployment Rate

ISM Contracts For 3 Straight Months As Investors Await ECB and August 2012 Unemployment Rate: The Institute for Supply Management index reading today was more proof the economy is in slow recovery mode.  The ISM dropped to 49.6% in August from 49.8% in July.  This is the worst reading since July 2009 and the trend[…]

manufacturing

June 2012 ISM Shows Manufacturing Slowed For First Time Since 2009, China PMI Contracts

June 2012 ISM Shows Manufacturing Slowed For First Time Since 2009: The U.S. economy showed further signs of weakness today.  U.S. manufacturing declined significantly in June 2012 to levels that indicate the economy is contracting after nearly three years of expansion.  According to the Institute for Supply Management, domestic manufacturing fell from a May reading[…]

jobs

ISM Helps U.S. Stocks Rally Before April 2012 Unemployment Report

ISM Helps U.S. Stocks Rally Before April 2012 Employment Report: The stock market reached new highs today as the Dow jumped to a levels not seen in 4 years.  The Institute for Supply Management factory index shows manufacturing grew in April 2012 with a reading of 54.8 from March’s reading of 53.4.  Any reading above[…]

economy

March 2012 ISM Manufacturing Index Rises: February Construction Spending Falls 1.1 Percent

March 2012 ISM Manufacturing Index Rises: February Construction Spending Falls 1.1 Percent: The Institute of Supply Management (ISM) manufacturing index rose which helped push the Dow, S&P500 and NASDAQ up today.  The ISM said today, its manufacturing index rose to 53.4 in March from 52.4 in February 2012.  A reading above 50 suggests the economy[…]

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U.S. Factory Orders Decline But ISM Services, Non-Manufacturing Sector Expanded

U.S. Factory Orders Decline But ISM Services, Non-Manufacturing Sector Expanded: U.S. factory orders fell.  This is the first time U.S. factory orders have declined in three months and demand for big ticket items including machinery, steel as well as some other inputs fell. The economic data released today suggests the economy isn’t recovering as much[…]

Economic Data Points Released Today Show Mixed Results: The Fed Gets More Time?

Economic Data Points Released Today Show Mixed Results: The Fed Gets More Time? Economic data may make Fed decision easier. Today is an economic data intensive day as more reports on the overall health of the U.S. economy were released but showed mixed trends leaning towards some further weakness. Private Sector Jobs Fall ADP released[…]

ISM Report April 1, 2011 – Manufacturing Slows: Services & Jobs

ISM Report April 1, 2011 – Manufacturing Slows: Services & Jobs Manufacturing slows marginally.  Manufacturing fell slightly according to the Institute of Supply Management.  The ISM index fell from 61.4 to 61.2 and manufacturing may have cooled due to global concerns, Japan and disruptions caused by slow but steady employment growth.  Manufacturers are having a[…]