December ISM Manufacturing Index At 57.0
(For December 2010)
ISM Manufacturing Index was reported at 57.0 vs. prior reading of 56.6 and consensus of 57.0.
Unchanged level of the ISM Manufacturing Index suggest December industrial production in the U.S. will grow at current level of 5.5% y-o-y.
Chart 1. ISM Manufacturing vs. Regional Manufacturing Surveys
Chicago Purchasing Managers Index, Empire State Manufacturing Survey, ISM Manufacturing Index, Philadelphia Fed General Business Conditions Index, Richmond FED Manufacturing Survey