U.S. Manufacturing Contraction Deepens, ISM PMI Approaches Pandemic Levels in March

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  • 03 Apr '23 at 7:00 am #56114
    Helmholtz Watson
    Participant

    The March ISM Manufacturing Index decreased to 46.3% (consensus 47.5%) from 47.7% in February, the lowest reading since May 2020. The index contracted
    [See the full post at: U.S. Manufacturing Contraction Deepens, ISM PMI Approaches Pandemic Levels in March]

    04 Apr '23 at 8:51 am #56167
    TradersCom
    Keymaster

    Factory orders fell 0.7% m/m in February (exp -0.5%) following downwardly revised 2.1% decline (from -1.6%) in January. Shipments of manufactured goods fell 0.5% m/m after increasing 0.3% in January
    Fits yesterday’s March ISM #Manufacturing fifth sub-50%

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