U.S. Nonfarm Payrolls vs. U.S. ISM Manufacturing PMI

U.S. Nonfarm Payrolls vs. U.S. ISM Manufacturing PMI When the U.S. economy experiences a period of weakness, it commonly results in a subsequent decline in nonfarm payrolls. Image: BofA Global Investment Strategy

ISM Manufacturing PMI and ISM New Orders – Inventories

ISM Manufacturing PMI and ISM New Orders – Inventories The U.S. ISM New Orders less Inventories spread suggests a potential rise in the ISM manufacturing PMI, as new orders are increasing at a faster pace than inventories. Image: BofA Global Investment Strategy

ISM Manufacturing PMI vs. ISM New Orders – Inventories

ISM Manufacturing PMI vs. ISM New Orders – Inventories The U.S. ISM New Orders less Inventories spread continues to suggest a higher ISM Manufacturing PMI. This correlation points towards a positive outlook for the manufacturing sector. Image: The Daily Shot

Big 4 Asia Imports vs. ISM Manufacturing PMI

Big 4 Asia Imports vs. ISM Manufacturing PMI The weak demand in Asian markets is affecting various industries and economies worldwide. Image: BofA Global Investment Strategy

ISM Manufacturing PMI and U.S. Recessions

ISM Manufacturing PMI and U.S. Recessions When the U.S. ISM Manufacturing PMI falls below 45, recession risks are rising significantly, as the manufacturing sector is experiencing a sharp decline. Image: BofA Global Investment Strategy