U.S. ISM Manufacturing PMI vs. Philadelphia Fed General Activity vs. U.S. Empire State Manufacturing Survey Regional business activity surveys suggest a lower ISM Manufacturing PMI over the coming months. Image: Morgan Stanley Research
Philly Fed Manufacturing Index and Empire State Manufacturing Survey and ISM Manufacturing Index Despite the coronavirus, both regional PMIs suggest an increase in U.S. ISM manufacturing this month. Image: Swedbank Research
ISM Manufacturing Index vs. Richmond Fed Survey The Richmond Fed survey suggests that the ISM Manufacturing Index could plunge to 45, but the Empire State Manufacturing Survey is a better predictor over the past two years. Image: Lohman Econometrics
ISM Manufacturing Index vs. Predictors The chart shows that the Empire State Manufacturing Survey is a better predictor of the ISM Manufacturing Index over the past two years. Image: Nordea and Macrobond