Archive for the ‘Growth Mode’ tag
Chicago Business Barometer Bounces into Growth, Prices at 28-Year High
The ISM-Chicago business barometer bounced into
growth mode in July following five months of slowdown. The growth was led
by advances in production and new orders, even as prices hit a 28-year
high and employment remained in contraction for the eighth straight
month.
ISM Manufacturing Halts Four Months of Declines, Rebounds to 50.2
The U.S. manufacturing sector halted a four-month
trend of deterioration and rebounded into growth mode at 50.2 in June,
against expectations of a decline to 48.5, according to the ISM
manufacturing survey released on Tuesday morning. Despite the headline
advance, prices moved up to the highest level since July 1979, at 91.5,
and other components were mixed.