ISM Mfg Index
Released On 1/2/2014 10:00:00 AM For Dec, 2013
Prior Consensus Consensus Range Actual
ISM Mfg Index - Level 57.3 56.8 55.4 to 58.0 57.0
Market Consensus before announcement
The composite index from the ISM manufacturing survey in November turned in its best month in 2-1/2 years, rising to 57.3 from October's already strong 56.4. New orders, up 3 points to 63.3, were also the strongest in 2-1/2 years. Export orders, unlike the reading in the PMI manufacturing index, were very strong, at 59.5 for the strongest rate of monthly growth since early last year. And new orders are piling up into backlogs which are at 54.0 which is very strong for this reading. Strength in orders points to gains ahead for production which was already humming at a 62.8 level in November.