Market Update





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September 2020

ISM Non-Manufacturing Index: The Institute for Supply Management’s non-manufacturing composite index decreased by 1.2 points month-over-month, (-2.1% m/m,) to 56.9 in August 2020.
ISM Manufacturing Index:  The Institute of Supply Management’s Index moved up 1.8 points on the month (m/m) to 56.0 for August 2020; this value is stronger than the forecast of 50.  The index has been higher than 50 for three consecutive months.

August 2020

U.S. Manufacturing Capacity Utilization: Manufacturing capacity utilization (MCU), scored a 69.2% in July, up 3.4% month on month, (m/m), its third monthly increase since April.
ISM Non-Manufacturing Index: The Institute for Supply Management’s non-manufacturing composite index increased by 1.0 point month-over-month, (+1.8% m/m,) to 58.1 in July 2020.
ISM Manufacturing Index:  The Institute of Supply Management’s Index moved up 1.6 points on the month (m/m) to 54.2 for July 2020; this value is stronger than the forecast of 50.  The index has been higher than 50 for two consecutive months (expansion = 50+).

July 2020

U.S. Manufacturing Capacity Utilization: Manufacturing capacity utilization (MCU) scored a 66.8% in June, up 7.3% month on month (m/m) – its second monthly increase since April. On a year on year (y/y) comparison, the MCU was a modest -11.7%.
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