ISM Manufacturing Index and Autos vs. Retail

ISM Manufacturing Index and Autos vs. Retail When there is robust economic growth, it is generally expected that the autos sector would outperform the retail sector. Image: Goldman Sachs Global Investment Research

ISM Manufacturing Index vs. S&P 500 Index

ISM Manufacturing Index vs. S&P 500 Index This chart shows the correlation between the ISM manufacturing index and the S&P 500 index year-over-year percent change, since 2011. The U.S. ISM Manufacturing Index increased to 47.6% in August. Click the Image to Enlarge

ISM Manufacturing Index vs. U.S. HY – IG Spread

ISM Manufacturing Index vs. U.S. HY – IG Spread The ISM Manufacturing Index in contraction is a sign of a potential recession, while the tight U.S. HY/IG spread suggests continued positive growth. Image: BofA Global Investment Strategy