PMI managed to edge past forecasts again, but here we go with ISM falling short once more:
ISM Manufacturing printed 48.2 (expected 49.0, prior 48.7). Prices Paid component jumped to 58.5 from 58.0. New Orders slipped to 47.4 versus last month's 49.4. Employment? Down to 44.0 from 46.0.
The divergence keeps widening. PMI shows one picture, ISM tells another story. Manufacturing's still struggling to break above that 50 threshold, and the employment number's looking rough.
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Degen4Breakfast
· 15h ago
ISM has pumped again, this data is really getting more and more ridiculous, PMI and ISM are singing their own tunes... The manufacturing industry is still struggling below 50, and the employment data is a complete mess, if it keeps falling like this, it's really going to blow up.
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just_here_for_vibes
· 15h ago
Did PMI fool me again? Although it exceeded expectations, ISM still pumped, this data is split really badly... Employment 44? Factories will have to lay off workers next month.
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HashRateHermit
· 15h ago
ism is disappointing again... pmi is still holding on, these two data points are becoming more and more out of sync. The manufacturing 50 line still can’t break, and the employment data is even worse, directly crashing to 44, how ugly is that.
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BlockchainGriller
· 15h ago
PMI has passed again, but ISM is still disappointing. What the hell is going on with these two indicators moving in opposite directions... Employment data at 44.0, oh my, this is a real decline.
PMI managed to edge past forecasts again, but here we go with ISM falling short once more:
ISM Manufacturing printed 48.2 (expected 49.0, prior 48.7). Prices Paid component jumped to 58.5 from 58.0. New Orders slipped to 47.4 versus last month's 49.4. Employment? Down to 44.0 from 46.0.
The divergence keeps widening. PMI shows one picture, ISM tells another story. Manufacturing's still struggling to break above that 50 threshold, and the employment number's looking rough.