ISM Composite Index vs. Recessions
ISM Composite Index vs. Recessions The U.S. ISM Composite Index does not indicate a recession. Image: Real Investment Advice
ISM Composite Index vs. Recessions The U.S. ISM Composite Index does not indicate a recession. Image: Real Investment Advice
ISM Composite Index vs. Corporate Profits The decline in the ISM Composite Index indicates a weakening of the U.S. economy, which could lead to lower corporate profits. Image: Merrill Lynch Wealth Management
U.S. ISM Composite Index and U.S. Real GDP This chart shows the good correlation between the ISM Composite Index (services + manufacturing) and U.S. real GDP. What about U.S. GDP growth in 2020? Image: Deutsche Bank Global Research
U.S. ISM PMI Composite Index and U.S. Real GDP Chart showing the correlation between the U.S. ISM PMI Composite Index and U.S. real GDP. The service sector is still expanding. Image: Oxford Economics
U.S. Long-Term Business Cycle and ISM Manufacturing Index The risk of recession increases when the Macro Composite is above 90% and the U.S. ISM Manufacturing Index is falling. Image: Pictet Asset Management
ISM Manufacturing Index and U.S. Long-Term Business Cycle The risk of recession increases when the Macro Composite is above 90% and the ISM Manufacturing Index is falling. Image: Pictet Asset Management