Search Results for: U.S. PMI

U.S. ISM PMI Composite Index and U.S. Real GDP Chart showing the correlation between the U.S. ISM PMI Composite Index and U.S. real GDP. The service sector is still expanding. Image: Oxford Economics

U.S. Markit Manufacturing PMI vs. U.S. ISM Manufacturing PMI The ISM Manufacturing PMI fell to 47.8 (contraction) in September, while the Markit Manufacturing PMI improved to 51.1 (expansion). Image: Renaissance Macro

U.S. 10-Year Yield Leads Global PMI This interesting chart suggests that the U.S. 10-year yield (2-year change) leads global PMI by 18 months. Source: Macrobond and Brandywine Global

Global PMI vs. U.S. 10-Year Treasury Yield The chart suggests that the 10-year Treasury yield should be below 1.5%. Image: Pervalle Global

S&P 500 vs. ISM Composite PMI The divergence between the U.S. ISM Composite PMI and the S&P 500 has become increasingly notable, reflecting contrasting signals about the health of the U.S. economy. Image: Morgan Stanley Research

ISM Manufacturing PMI and ISM New Orders – 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

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

Russell 2000 / S&P 500 vs. ISM Manufacturing PMI (Leading Indicator) The performance of U.S. small caps relative to the S&P 500 suggests a decline in the ISM Manufacturing PMI. Image: Morgan Stanley Research

ISM Manufacturing PMI vs. MNI Chicago PMI The MNI Chicago PMI for December was better than expected, but remains in negative territory. Will the U.S. ISM Manufacturing PMI fall further? Image: The Daily Shot

ISM Manufacturing PMI vs. Mortgage Servicing Costs (Leading Indicator) Mortgage servicing costs tend to lead the U.S. ISM Manufacturing PMI by 12 months. Image: Topdown Charts

Russell 2000 Performance Relative to S&P 500 and ISM Manufacturing PMI Should investors expect a slowdown in U.S. economic activity? Image: Deutsche Bank