S&P 500 and Manufacturing PMI

S&P 500 and Manufacturing PMI Morgan Stanley expects lower U.S. equity prices in 1H2022. Image: Morgan Stanley 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 declined to 58.7% in December. Click the Image to Enlarge