U.S. equity markets opened mixed this morning after most of the day's economic data was delivered in Europe. Eurozone PMI rose slightly more than expected (more coverage here) and Spain reported that it added more than 17,000 jobs (seasonally adjusted) as the country's tourist season ramps up (more coverage here). Show More Summary
By Hale Stewart: Continuing with our look at the current state of the U.S. economy, let's turn to the manufacturing sector, starting with the latest ISM report: The PMI™ registered 51.3 percent, a decrease of 2.9 percentage points from...Show More Summary
Fresh on the heels of a report that shows China Manufacturing PMI barely Above Contraction comes news the Chinese service sector is following suit. The Markit China Composite PMI shows Activity growth eases across both the manufacturing...Show More Summary
Over the last three days, countries around the world have been publishing their manufacturing purchasing managers index (PMI) reports. And the message around the world is clear: manufacturing activity decelerated sharply in April. The U.S. Show More Summary
Disappointing Eurozone PMI
The Markit Eurozone Manufacturing PMI report did not have a single good thing in it. Not only did the region's activity contract, it also contracted in most of the eurozone's largest nations by gross domestic product. Show More Summary
The Markit Eurozone Manufacturing PMI report did not have a single good thing in it. Not only did the region's activity contract, it also contracted in most of the eurozone's largest nations by gross domestic product.
Along with a string...Show More Summary
The Eurozone's PMI manufacturing reports for April are out and it's clear that the economy remains in deep depression. The good news is that in many countries things imploded at a less-worse rate than they did the month before. The bad...Show More Summary
The HSBC China manufacturing PMI report comes out at 9:45 PM ET. Economists surveyed by Bloomberg are looking for a reading of 50.5, down from 51.6 a month ago. This report follows yesterday's official PMI report published by China's National Bureau of Statistics. Show More Summary
HEADS UP: The world's biggest economies are releasing their April manufacturing PMI reports. And this is our scorecard. So far, the reports reflect a global deceleration. China's official manufacturing PMI report slipped to 50.6 from 50.9 in March. Show More Summary
By Lamarcus R. Coleman: China just reported that its manufacturing grew at a slower pace. Chinese PMI came in at 50.6 for April, just below estimates, and a 50.9 March reading. New orders, finished goods, and an index of new export orders all declined. Show More Summary
Today the Institute for Supply Management published its February Manufacturing Report. The latest headline PMI at 50.7 percent is the fifth month above 50 after one month below. However today's number was below the Briefing.com consensus of 51.0 percent.
After yesterday's Chicago PMI came in below 50 for the first time since September 2009, some investors breathed a sigh of relief today as the ISM Manufacturing report for April came in above 50 and slightly better than expected (50.7 vs. Show More Summary
China's official purchasing managers' index (PMI) falls to 50.6 in April from an 11-month high in March of 50.9. (Reuters)
Sharp is expected to report a worse-than-anticipated loss. (Reuters)
European Union regulations likely will prompt Yahoo! Inc. Show More Summary
At 9:00 PM ET, China's National Bureau of Statistics will publish its April manufacturing PMI report.
Economists expect this number to slip to 50.7, down from 50.9 in March.
Earlier this month, we got a preliminary reading of HSBC'sShow More Summary
Stock markets moved sideways today on a few conflicting economic reports. The Chicago PMI fell to 49 in April from 52.4 in March, which shows contraction in manufacturing. On the flip side, the Conference Board's reading of consumer confidence jumped to 68.1 in April from 61.9 in March. Show More Summary
Earlier we reported on the weak Chicago PMI report, which fell into contraction at a 49 level, vs. the 52 level that analysts had expected. The various sub-indices of the report were really ugly as well, especially employment. Check it out. Show More Summary
The Chicago Purchasing Managers Index for the month of April came out as recessionary, or in contraction. This is yet another regional economic report confirming that weakness is ruling the roost. Overall the index fell to 49.0 in April from 52.5 in March. Show More Summary
Heads up! Minutes away from the release of the April Chicago PMI report, due out at 9:45 AM ET.
The headline index is expected to tick up to 52.5 from last month's 52.4 reading, indicating a slight acceleration in the pace of expansion in Midwest manufacturing in April.
We will have the full release LIVE at 9:45 AM ET. Show More Summary
Earlier today from LPS: U.S. Home Prices Up 1.0 Percent for the Month; Up 7.3 Percent Year-Over-Year. LPS reported their House Price Index increased to $210,000 in February, up from $208,000 or 1.0% from January - and up from $196,000 or 7.3% from February 2012. Show More Summary
With their economy appearing to slow dramatically, if the PMI and Ifo data is anything to go by, and a nation increasingly disavowed with the European project, it seems the 'people' are not amused. As MNI reports, a poll by Forchungsgruppe shows Merkel's CDU/CSU support fading. Show More Summary