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February 2017 Manufacturing ISM Report on Business

Source: Institute for Supply Management

Economic activity in the manufacturing sector expanded in February, and the overall economy grew for the 93rd consecutive month, say the nation’s supply executives in the latest Manufacturing ISM® Report On Business®.

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Manufacturing and Trade Inventories and Sales, December 2016

Source: U.S. Census Bureau

Sales The combined value of distributive trade sales and manufacturers’ shipments for December, adjusted for seasonal and trading-day differences but not for price changes, was estimated at $1,356.0 billion, up 2.0 percent (±0.2 percent) from November 2016 and was up 5.2 percent (±0.4 percent) from December 2015.

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U.S. Economic Snapshot – January 2017

“The U.S. Leading Economic Index increased in December, suggesting the economy will continue growing at a moderate pace, perhaps even accelerating slightly in the early months of this year,” said Ataman Ozyildirim, Director of Business Cycles and Growth Research at The Conference Board. “December’s large gain was mainly driven by improving sentiment about the outlook and suggests the business cycle still showed strong momentum in the final months of 2016.”  The Conference Board

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U.S. Unemployment Situation

The Employment Situation – January 2017

Source: Bureau of Labor Statistics

Total nonfarm payroll employment increased by 227,000 in January, and the unemployment rate was little changed at 4.8 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in retail trade, construction, and financial activities.

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Jan 2017 ISM Manufacturing Report

January 2017 Manufacturing ISM Report on Business

Source: Institute for Supply Management

Economic activity in the manufacturing sector expanded in January, and the overall economy grew for the 92nd consecutive month, say the nation’s supply executives in the latest Manufacturing ISM® Report On Business®.

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Manufacturing and Trade Inventories and Sales, November 2016

Source: Bureau of Labor Statistics.

Sales: The combined value of distributive trade sales and manufacturers’ shipments for November, adjusted for seasonal and trading-day differences but not for price changes, was estimated at $1,326.7 billion, up 0.1 percent (±0.2 percent)* from October 2016 and was up 2.3 percent (±0.4 percent) from November 2015.

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U.S. Economic Snapshot

U.S. Economic Snapshot – December 2016

Source: The Conference Board

“Consumer Confidence improved further in December, due solely to increasing Expectations which hit a 13-year high (Dec. 2003, 107.4),” said Lynn Franco, Director of Economic Indicators at The Conference Board. “The post-election surge in optimism for the economy, jobs and income prospects, as well as for stock prices which reached a 13-year high, was most pronounced among older consumers. Consumers’ assessment of current conditions, which declined, still suggests that economic growth continued through the final months of 2016. Looking ahead to 2017, consumers’ continued optimism will depend on whether or not their expectations are realized.”

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THE EMPLOYMENT SITUATION – DECEMBER 2016

The Employment Situation – December 2016

Source: Bureau of Labor Statistics

Total nonfarm payroll employment rose by 156,000 in December, and the unemployment rate was little changed at 4.7 percent, the U.S. Bureau of Labor Statistics reported today. Job growth occurred in health care and social assistance.

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December 2016 Manufacturing ISM Report On Business

Source: Institute for Supply Management 

Economic activity in the manufacturing sector expanded in December, and the overall economy grew for the 91st consecutive month, say the nation’s supply executives in the latest Manufacturing ISM® Report On Business®.

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MANUFACTURING AND TRADE INVENTORIES AND SALES – OCTOBER 2016

Manufacturing and Trade Inventories and Sales – October 2016

Source: U.S. Census Bureau

Sales. The U.S. Census Bureau announced today that the combined value of distributive trade sales and manufacturers’ shipments for October, adjusted for seasonal and trading-day differences but not for price changes, was estimated at $1,326.8 billion, up 0.8 percent (±0.2%) from September 2016 and was up 2.1 percent (±0.4%) from October 2015.

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