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	<title>Search Results for &#8220;manufacturing&#8221; &#8211; ISABELNET</title>
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	<description>Advanced Stock Market Forecast for Professional and Individual</description>
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	<title>Search Results for &#8220;manufacturing&#8221; &#8211; ISABELNET</title>
	<link>https://www.isabelnet.com</link>
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		<title>Number of Rate Hikes per Fed Tightening Cycle, 1994 to 2023</title>
		<link>https://www.isabelnet.com/every-fed-tightening-cycle-has-preceded-a-slowdown-in-the-ism-manufacturing-index/</link>
		
		<dc:creator><![CDATA[isabelnet]]></dc:creator>
		<pubDate>Thu, 17 Sep 2026 08:33:40 +0000</pubDate>
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					<description><![CDATA[Number of Rate Hikes per Fed Tightening Cycle, 1994 to 2023 Since 1994, the Fed has gone through six tightening cycles. Five lasted for years and involved at least six rate hikes. But with real rates already starting from historically high levels, this cycle may be much shorter. Image: Real Investment Advice]]></description>
		
		
		
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		<title>U.S. ISM Services Prices Paid Index vs. U.S. CPI Inflation (Leading Indicator)</title>
		<link>https://www.isabelnet.com/u-s-ism-manufacturing-prices-paid-index-vs-u-s-cpi-inflation-leading-indicator/</link>
		
		<dc:creator><![CDATA[isabelnet]]></dc:creator>
		<pubDate>Thu, 10 Sep 2026 08:30:33 +0000</pubDate>
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					<description><![CDATA[U.S. ISM Services Prices Paid Index vs. U.S. CPI Inflation (Leading Indicator) The ISM Services Prices Paid Index, which typically leads U.S. CPI by around three months, just surged to its highest level since 2022. Inflationary pressure is building in the pipeline. Image: Deutsche Bank]]></description>
		
		
		
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		<title>ISM Manufacturing Index vs. S&#038;P 500 Index</title>
		<link>https://www.isabelnet.com/ism-manufacturing-index-vs-sp-500-index/</link>
		
		<dc:creator><![CDATA[isabelnet]]></dc:creator>
		<pubDate>Wed, 02 Sep 2026 08:31:28 +0000</pubDate>
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					<description><![CDATA[ISM Manufacturing Index vs. S&#38;P 500 Index U.S. manufacturing cooled slightly in August. The ISM Manufacturing Index slipped to 54.6, below expectations of 55.6 and marking an eighth straight month of expansion. Growth is still on solid footing. The chart shows the correlation between the U.S. ISM Manufacturing Index and the S&#38;P 500 index year-over-year&#8230;]]></description>
		
		
		
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		<title>Smoothed U.S. Recession Probabilities</title>
		<link>https://www.isabelnet.com/smoothed-u-s-recession-probabilities/</link>
		
		<dc:creator><![CDATA[isabelnet]]></dc:creator>
		<pubDate>Tue, 01 Sep 2026 08:30:30 +0000</pubDate>
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		<guid isPermaLink="false">https://www.isabelnet.com/?p=6193</guid>

					<description><![CDATA[Smoothed U.S. Recession Probabilities The probability of U.S. recession stands at 0.60%. When this recession indicator exceeds 5% (red line), history suggests that the probability of recession increases significantly. The chart shows the smoothed U.S. recession probabilities indicator on a log scale. Smoothed U.S. recession probabilities are obtained from a dynamic-factor markov-switching model applied to&#8230;]]></description>
		
		
		
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		<title>S&#038;P 500 Earnings Revisions vs. U.S. PMIs</title>
		<link>https://www.isabelnet.com/global-manufacturing-pmi-leads-earnings/</link>
		
		<dc:creator><![CDATA[isabelnet]]></dc:creator>
		<pubDate>Fri, 21 Aug 2026 08:30:33 +0000</pubDate>
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		<guid isPermaLink="false">https://www.isabelnet.com/?p=10370</guid>

					<description><![CDATA[S&#38;P 500 Earnings Revisions vs. U.S. PMIs The U.S. macro picture remains solid for now, reinforcing the optimism spreading across Wall Street. Image: Topdown Charts]]></description>
		
		
		
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		<title>Global Monetary Policy Stimulus and Global Manufacturing PMI</title>
		<link>https://www.isabelnet.com/central-banks-global-monetary-policy-stimulus-leads-global-manufacturing-pmi/</link>
		
		<dc:creator><![CDATA[isabelnet]]></dc:creator>
		<pubDate>Fri, 07 Aug 2026 08:30:20 +0000</pubDate>
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					<description><![CDATA[Global Monetary Policy Stimulus and Global Manufacturing PMI 2026 belonged to global growth, but the wind is turning. Inflation is firming, putting rate hikes back in play. The road into 2027 looks slower and bumpier. Image: Topdown Charts]]></description>
		
		
		
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		<title>Daily Percentage Change in the Philadelphia Semiconductor Index (SOX)</title>
		<link>https://www.isabelnet.com/semiconductor-sales-lead-ism-manufacturing-index/</link>
		
		<dc:creator><![CDATA[isabelnet]]></dc:creator>
		<pubDate>Tue, 09 Jun 2026 08:30:42 +0000</pubDate>
				<category><![CDATA[Blog]]></category>
		<guid isPermaLink="false">https://www.isabelnet.com/?p=5946</guid>

					<description><![CDATA[Daily Percentage Change in the Philadelphia Semiconductor Index (SOX) The Philadelphia Semiconductor Index (SOX) fell 10.26% last Friday, its sharpest decline since March 2020. The long-term story remains intact, but expectations had clearly overheated. Image: Deutsche Bank]]></description>
		
		
		
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		<title>U.S. ISM Manufacturing Index vs. S&#038;P 500 EPS Annual % Change</title>
		<link>https://www.isabelnet.com/ism-manufacturing-index-vs-sp-500-eps-annual-change/</link>
		
		<dc:creator><![CDATA[isabelnet]]></dc:creator>
		<pubDate>Wed, 13 May 2026 08:33:25 +0000</pubDate>
				<category><![CDATA[Blog]]></category>
		<guid isPermaLink="false">https://www.isabelnet.com/?p=66453</guid>

					<description><![CDATA[U.S. ISM Manufacturing Index vs. S&#38;P 500 EPS Annual % Change With the ISM Manufacturing Index and S&#38;P 500 earnings growth moving hand in hand, either ISM climbs into the high 50s as the cycle heats up, or earnings estimates reset lower. At this point in the cycle, the revisions tend to come first. Image:&#8230;]]></description>
		
		
		
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		<title>Valuations &#8211; S&#038;P 500 P/E vs. U.S. ISM Manufacturing Prices Paid (Leading Indicator)</title>
		<link>https://www.isabelnet.com/sp-500-vs-ism-composite-pmi/</link>
		
		<dc:creator><![CDATA[isabelnet]]></dc:creator>
		<pubDate>Thu, 05 Mar 2026 09:30:25 +0000</pubDate>
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		<guid isPermaLink="false">https://www.isabelnet.com/?p=85006</guid>

					<description><![CDATA[Valuations &#8211; S&#38;P 500 P/E vs. U.S. ISM Manufacturing Prices Paid (Leading Indicator) When manufacturing costs climb, equities usually feel it later. Higher input prices work their way into the S&#38;P 500&#8217;s P/E ratio with a lag, showing up in valuations roughly a year down the road. Image: Bloomberg]]></description>
		
		
		
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		<title>U.S. ISM Manufacturing and Services Survey Data</title>
		<link>https://www.isabelnet.com/u-s-ism-manufacturing-and-services-survey-data/</link>
		
		<dc:creator><![CDATA[isabelnet]]></dc:creator>
		<pubDate>Thu, 26 Feb 2026 09:33:53 +0000</pubDate>
				<category><![CDATA[Blog]]></category>
		<guid isPermaLink="false">https://www.isabelnet.com/?p=83692</guid>

					<description><![CDATA[U.S. ISM Manufacturing and Services Survey Data Economists call it a &#8220;soft recession&#8221; when factories slow but services keep humming. That resilience on the services side is what kept the U.S. out of a recession. But if services begin to crack, things could shift quickly. Image: Real Investment Advice]]></description>
		
		
		
			</item>
		<item>
		<title>DM Manufacturing PMI vs. Global Central Bank Decision Index</title>
		<link>https://www.isabelnet.com/central-bank-rate-cuts-lead-global-manufacturing-pmi/</link>
		
		<dc:creator><![CDATA[isabelnet]]></dc:creator>
		<pubDate>Thu, 19 Feb 2026 09:30:28 +0000</pubDate>
				<category><![CDATA[Blog]]></category>
		<guid isPermaLink="false">https://www.isabelnet.com/?p=14826</guid>

					<description><![CDATA[DM Manufacturing PMI vs. Global Central Bank Decision Index This year&#8217;s key macro theme is a global growth rebound, fueled by two years of aggressive monetary easing that have set the stage for a fresh wave of economic momentum. Image: TS Lombard]]></description>
		
		
		
			</item>
		<item>
		<title>Global Quarterly Tech Capex Growth</title>
		<link>https://www.isabelnet.com/manufacturing-pmi-and-sp-500-capex-yoy/</link>
		
		<dc:creator><![CDATA[isabelnet]]></dc:creator>
		<pubDate>Mon, 29 Dec 2025 09:30:52 +0000</pubDate>
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		<guid isPermaLink="false">https://www.isabelnet.com/?p=40044</guid>

					<description><![CDATA[Global Quarterly Tech Capex Growth Tech investment has surged in recent years, but the underlying rhythm hasn&#8217;t changed: global tech capex has grown 14.6% annually since 2013, right in line with its decade‑long trend. Image: Goldman Sachs Global Investment Research]]></description>
		
		
		
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		<title>U.S. Manufacturing PMI and Global Leading Indicator</title>
		<link>https://www.isabelnet.com/global-manufacturing-pmi-3/</link>
		
		<dc:creator><![CDATA[isabelnet]]></dc:creator>
		<pubDate>Thu, 04 Dec 2025 09:30:50 +0000</pubDate>
				<category><![CDATA[Blog]]></category>
		<guid isPermaLink="false">https://www.isabelnet.com/?p=25481</guid>

					<description><![CDATA[U.S. Manufacturing PMI and Global Leading Indicator Leading indicators are turning higher, signaling a growing chance of a global cyclical upswing into the first half of 2026. Image: Bloomberg]]></description>
		
		
		
			</item>
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		<title>Global Financial Conditions Index</title>
		<link>https://www.isabelnet.com/global-financial-conditions-index-and-global-manufacturing-pmi/</link>
		
		<dc:creator><![CDATA[isabelnet]]></dc:creator>
		<pubDate>Thu, 04 Sep 2025 08:30:18 +0000</pubDate>
				<category><![CDATA[Blog]]></category>
		<guid isPermaLink="false">https://www.isabelnet.com/?p=16314</guid>

					<description><![CDATA[Global Financial Conditions Index Global financial conditions have eased to a 12-month low, supported by expectations of monetary policy easing, improved investor sentiment, tightening credit spreads, and a more stable economic outlook. Image: Goldman Sachs Global Investment Research]]></description>
		
		
		
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		<title>Copper to Gold Ratio vs. U.S. ISM Manufacturing</title>
		<link>https://www.isabelnet.com/copper-gold-ratio-vs-u-s-10-year-yield/</link>
		
		<dc:creator><![CDATA[isabelnet]]></dc:creator>
		<pubDate>Fri, 08 Aug 2025 07:31:18 +0000</pubDate>
				<category><![CDATA[Blog]]></category>
		<guid isPermaLink="false">https://www.isabelnet.com/?p=82249</guid>

					<description><![CDATA[Copper to Gold Ratio vs. U.S. ISM Manufacturing A falling copper/gold ratio points to slower U.S. economic growth, reflecting investor caution toward the near-term economic environment. Image: Bloomberg]]></description>
		
		
		
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		<title>Proportion of S&#038;P 500 Firms Mentioning Recession during Quarterly Earnings Calls</title>
		<link>https://www.isabelnet.com/u-s-ism-manufacturing-index-and-proportion-of-russell-3000-firms-mentioning-recession-during-quarterly-earnings-calls/</link>
		
		<dc:creator><![CDATA[isabelnet]]></dc:creator>
		<pubDate>Wed, 07 May 2025 08:30:21 +0000</pubDate>
				<category><![CDATA[Blog]]></category>
		<guid isPermaLink="false">https://www.isabelnet.com/?p=73329</guid>

					<description><![CDATA[Proportion of S&#038;P 500 Firms Mentioning Recession during Quarterly Earnings Calls The proportion of S&#38;P 500 firms mentioning &#8220;recession&#8221; in their earnings calls has risen sharply to 24%, signaling growing worries about an economic slowdown despite continued positive earnings growth. Image: Goldman Sachs Global Investment Research]]></description>
		
		
		
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		<title>Indexed Return of Cyclicals vs. Defensives ex. Commodities and ISM Manufacturing Index</title>
		<link>https://www.isabelnet.com/indexed-return-of-cyclicals-vs-defensives-ex-commodities-and-ism-manufacturing-index/</link>
		
		<dc:creator><![CDATA[isabelnet]]></dc:creator>
		<pubDate>Wed, 27 Nov 2024 09:31:56 +0000</pubDate>
				<category><![CDATA[Blog]]></category>
		<guid isPermaLink="false">https://www.isabelnet.com/?p=69098</guid>

					<description><![CDATA[Indexed Return of Cyclicals vs. Defensives ex. Commodities and ISM Manufacturing Index U.S. equity sector rotations are pricing in a &#8220;no landing&#8221; economic scenario, where the U.S. economy avoids both recession and significant slowdown, maintaining steady growth instead. Image: Goldman Sachs Global Investment Research]]></description>
		
		
		
			</item>
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		<title>U.S. Nonfarm Payrolls vs. U.S. ISM Manufacturing PMI</title>
		<link>https://www.isabelnet.com/u-s-nonfarm-payrolls-vs-u-s-ism-manufacturing-new-orders/</link>
		
		<dc:creator><![CDATA[isabelnet]]></dc:creator>
		<pubDate>Fri, 11 Oct 2024 08:30:51 +0000</pubDate>
				<category><![CDATA[Blog]]></category>
		<guid isPermaLink="false">https://www.isabelnet.com/?p=79074</guid>

					<description><![CDATA[U.S. Nonfarm Payrolls vs. U.S. ISM Manufacturing PMI The U.S. ISM manufacturing index reading below 50 signals a contraction in manufacturing activity, which may impact payroll numbers. However, the relationship between the index and actual payroll figures is not straightforward. Image: BofA Global Investment Strategy]]></description>
		
		
		
			</item>
		<item>
		<title>U.S. ISM Manufacturing PMI vs. 10-Year U.S. Treasury Yield</title>
		<link>https://www.isabelnet.com/u-s-ism-manufacturing-pmi-vs-10-year-u-s-treasury-yield/</link>
		
		<dc:creator><![CDATA[isabelnet]]></dc:creator>
		<pubDate>Fri, 13 Sep 2024 08:30:44 +0000</pubDate>
				<category><![CDATA[Blog]]></category>
		<guid isPermaLink="false">https://www.isabelnet.com/?p=35072</guid>

					<description><![CDATA[U.S. ISM Manufacturing PMI vs. 10-Year U.S. Treasury Yield Easing rate pressure is projected to facilitate a recovery in U.S. manufacturing as financial conditions improve, inflation declines, and both domestic and foreign demand strengthen. Image: BofA US Equity &#38; Quant Strategy]]></description>
		
		
		
			</item>
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		<title>ISM Manufacturing PMI and ISM New Orders &#8211; Inventories</title>
		<link>https://www.isabelnet.com/ism-manufacturing-pmi-and-ism-new-orders-inventories/</link>
		
		<dc:creator><![CDATA[isabelnet]]></dc:creator>
		<pubDate>Sat, 31 Aug 2024 08:30:05 +0000</pubDate>
				<category><![CDATA[Blog]]></category>
		<guid isPermaLink="false">https://www.isabelnet.com/?p=83602</guid>

					<description><![CDATA[ISM Manufacturing PMI and ISM New Orders &#8211; Inventories The spread between U.S. ISM New Orders and Inventories suggests a positive upward trend in the ISM manufacturing PMI, with new orders increasing at a more rapid pace than inventories. Image: BofA Global Investment Strategy]]></description>
		
		
		
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