Manufacturing

Economic data and analysis related to Manufacturing

ISM

ISM’s 52.7 Mirage: May 1 Release Masks Prices at 84.6, 31-Month Job Contraction, and Narrowing Breadth

## PRESS RELEASE SUMMARY

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Durable Goods

Defense Props the Headline: March Durable Orders +0.8% Masks a -0.3% Private-Sector Drop

The official release on 2026-04-29 cheered a **0.8%** rise in March durable goods orders. The part you could miss in the applause: strip out defense, and orders **fell 0.3%**. That isn’t a rounding...

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Philly Fed

Headline Heat, Hidden Chill: April Manufacturing Jumps to 26.7 While Backlogs Sink to -10.2 and Jobs Turn -5.1 (Press Release 2026-04-17)

The official press release dated **2026-04-17** (published April 16, 2026, 8:30 a.m. ET) touts a robust April rebound in manufacturing activity. The headline moved higher, new orders ripped, and sh...

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Durable Goods

Headline Orders Drop 1.4%, Core Capex Rises 0.6%: Aircraft Skews the April 7, 2026 Durable Goods Story

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ISM

PMI Says “Expansion,” Prices Say “Watch Your Back”: March at 52.7, Prices Spike to 78.3

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Philly Fed

Shipments Spike to 22.2 While New Orders Slip to 8.6: March Philly Fed’s “Expansion” Is Built on One Pillar

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Durable Goods

Core Capex Flatlines at 0.0% While Aircraft Prop Up Shipments: January’s Factory Report Isn’t What It Seems

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ISM

Expansion With Brake Lights: February PMI Prints 52.4 While Prices Rocket to 70.5 (Press Release 2026-03-02)

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Philly Fed

Expansion With Empty Trucks: Shipments at 0.3, Employment -1.3 Despite the Rosy Headline

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Industrial Production

January’s 0.7% IP Pop Masks a Softer Q4: Utilization Still 3.2 Points Below Norm

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Durable Goods

Aircraft Whiplash Masks a Solid +0.6% Core Capex Gain: December Durables’ -1.4% Headline Misleads

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Manufacturing

PMI 52.6 Meets a Hiring Freeze: The Feb 2, 2026 Release Reads Stronger Than the Data

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Manufacturing

PMI’s Blind Spot: Jan 29 Release Boosts Services (Jan Factors 0.939–0.987) and Suppresses Spring Orders—Without Supplier Deliveries

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Manufacturing

Orders Surge 5.3%, Shipments Slip: January 26, 2026 Release Shows Aerospace Is the Whole Story

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philly_fed

Expansion With Caveats: January Activity Jumps to 12.6 as Inventories Slide to -8.4

On the official release dated 2026-01-17, manufacturing “turned positive” with general activity at **12.6**. That’s the headline. The fine print? Inventories cratered to **-8.4** (lowest since July...

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Manufacturing

PMI 47.9, Yet 85% of Manufacturing Contracted: Jan 5 ISM Optimism Runs into a Demand Wall

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Manufacturing

October Durables Flip the Script: Headline Orders -2.2% m/m, Core Capex +0.5% as Backlogs Carry the Quarter

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philly_fed

Orders Flip Positive, Headline Stays Negative: December’s -10.2 vs. a Margin Tailwind Hiding in Plain Sight

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Manufacturing

Production Pops While PMI Drops: November Stalls at 48.2 as Orders Sink to 47.4

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data-driven

PMI Up, Demand Down: Oct 11 ISM Hails “Stability” While 28% of Manufacturing Slips into Strong Contraction

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