Global factory activity continues to accelerate. According to business managers worldwide, manufacturing vivification is now at the highest rate in nearly four years and new orders growth is now at a rate not seen in more that five and a half years.
The global PMI index is produced by JP Morgan with input from research and [...]

We’ve continued to point to the ISM Manufacturing Index as a superb indicator of what is occuring in the overall US economy. In addition to reporting the manufacturing sector conditions, the ISM’s PMI index has an impressive track record in GDP growth correlation. A PMI in excess of 41.2 percent, over a period of time, [...]

On Wednesday the Institute for Supply Management published its manufacturing report for June 2009. It’s overall index (PMI) bumped up for the sixth straight month and stood at 44.8%. The reading suggests, “the overall economy grew for the second consecutive month” in June.
The reading also shows the overall manufacturing sector still on track for a [...]