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of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessMNI: US Data Forecast Focus: November ISM Mfg Index Seen At 58.0>
WASHINGTON (MNI) - The ISM manufacturing index is expected to fall
further to a reading of 58.0 in November after dipping to 58.7 in
October. Regional conditions data have suggested growth slowed in the
month, but remained relatively strong.
Analysts slightly overestimated the headline ISM index in
October after a string of underestimates. Recent November data have
been evenly split between underestimates and overestimates.
Forecast: Jun-17 Jul-17 Aug-17 Sep-17 Oct-17 Nov-17
Median 55.5 56.3 56.6 58.0 59.5 58.0
Range High 56.8 57.5 56.0 59.0 61.0 58.7
Range Low 54.5 55.0 57.5 57.0 58.0 57.0
Actual result 57.8 56.3 58.8 60.8 58.7 #N/A
vs median forecast -2.3 0.0 -2.2 -2.8 0.8 #N/A
Historical comparison: Nov-11 Nov-12 Nov-13 Nov-14 Nov-15 Nov-16
Median 52.0 51.6 55.8 57.9 50.5 52.3
Range High 53.0 52.5 56.8 61.0 51.0 54.0
Range Low 51.0 50.5 54.0 56.0 48.0 51.8
Actual result 52.7 49.5 57.3 58.7 48.6 53.2
vs median forecast -0.7 2.1 -1.5 -0.8 1.9 -0.9
Jun-17 Jul-17 Aug-17 Sep-17 Oct-17 Nov-17
MNI Chicago 65.7 58.9 58.9 65.2 66.2 63.9
Phila. Fed Index 27.6 19.5 18.9 23.8 27.9 22.7
Empire State Index 19.8 9.8 25.2 24.4 30.2 19.4
--Kevin Kastner 202-371-2121; email:kkastner@mni-news.com
[TOPICS: MTABLE]
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.