Back to top

Real Time Insight

The ISM for Manufacturing Index came in lighter than expected at 50.7 in April confirming some of the not-so-great economic data of the last few weeks.

It still indicated expansion, however.

The ISM for Manufacturing Index has cooled off since January and February, when it hit a 12-month high of 54.2. But the index also had a similar decline last fall before rebounding.

Some of the sub indexes weren't that great. The Employment Index fell to 50.2% from 54.2% last month.

But, in a small sliver of good news, the New Orders Index actually moved higher to 52.3% from 51.4%.

This was the second month in a row that the ISM for Manufacturing weakened instead of strengthening. It's never good to see it slip back towards 50.

Is this just a normal soft patch?

Or is this a warning sign of rough times ahead this summer?


Just Released: 5 Stocks to Double

Today, you are invited to download a free Special Report from Zacks Investment Research. It reveals five moves that could gain +100% and more in the next 12 months:

One is a "boring" business delivering blistering growth. Another is a red-hot oil and gas producer set to surge on a drilling breakthrough. Still another, an online payment provider, ignited a 53% sales explosion during the past year.

Close This Panel X

Please login to or register to post a comment.