ISM Manufacturing PMI and ISM New Orders – Inventories

ISM Manufacturing PMI and ISM New Orders – Inventories The spread between U.S. ISM New Orders and Inventories does not suggest a promising upward trend in the ISM manufacturing PMI, as new orders are decreasing at a faster pace than inventories. Image: BofA Global Investment Strategy

Global Manufacturing PMI

Global Manufacturing PMI The global manufacturing PMI has returned to expansion territory, indicating a positive trend in global manufacturing activity. This is a welcome sign for the global economy. Image: Goldman Sachs Global Investment Research

U.S. ISM Manufacturing PMI vs. S&P 500 EPS Growth

U.S. ISM Manufacturing PMI vs. S&P 500 EPS Growth A rise in the U.S. ISM manufacturing PMI is suggesting positive growth in 1Q EPS, with expectations of outperforming the initial projections. Image: BofA US Equity & Quant Strategy

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

U.S. Nonfarm Payrolls vs. U.S. ISM Manufacturing PMI A reading below 50 on the ISM manufacturing index indicates a contraction in manufacturing activity, potentially affecting payrolls. However, the relationship between the index and actual payrolls is not straightforward. 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