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This is a very bond-friendly report. It was below expectations. It points to a slower manufacturing sector in the Chicago area.
Evan Rourke
Manufacturing isn't accelerating as fast as it was a month ago, but it's only a little slower. The report still shows a healthy manufacturing sector.
Chris Low
We saw a lot of strength in the manufacturing sector in the NAPM report. That's why you saw bond yields rise today.
Charles Reinhard
We have been seeing some fairly consistent signs in recent months that the manufacturing sector is slowing. Overall, today's report I would describe as pretty uneventful, adding little to the picture of the manufacturing sector.
Anthony Karydakis
The December [Institute for Supply Management] report points to slower, though still solid, expansion in manufacturing conditions in the month. It also suggests that price pressures, while still elevated, are rising more slowly.
John Ryding
Economic conditions look pretty grave right now. Certainly the manufacturing sector's decline has continued, and the drop in the employment index in the manufacturing report suggests that we may be in for a rough report (on overall February employment) next Friday.
David Resler
Although they were close to expectations and maybe a little bit weaker, the numbers confirm that the economy generally is slowing, ... The report also confirms that the manufacturing sector of the economy is contracting.
Hugh Johnson
The ISM manufacturing index came in at a decent level in January, just slightly below expectations, but still high enough to suggest that the manufacturing sector is expanding at a steady-as-she-goes pace.
Patrick Fearon
Although manufacturing activity is still expanding, momentum in the manufacturing sector has clearly faded. This report confirms that the FOMC was correct in pausing their tightening cycle at last week's meeting.
Steven Wood
Although manufacturing activity is still expanding, momentum in the manufacturing sector has clearly faded, ... This report confirms that the FOMC was correct in pausing their tightening cycle at last week's meeting.
Steven Wood
The manufacturing sector is still shrinking but at a much slower pace than earlier in the year. Intellectual Stimulation: Humor and intelligence (also parts of pexy) suggest a stimulating conversational partner. Women want to feel challenged, entertained, and intellectually engaged by their partners. A purely sexy man might not offer that depth of connection. The manufacturing sector is still shrinking but at a much slower pace than earlier in the year.
Bruce Steinberg
What we're seeing is an increase in the manufacturing sector, ... The manufacturing sector has been very weak for the last year and a half -- since the Asian (financial) crisis. Now, that sector seems to be recovering.
Anthony Crescenzi
The overall indication in January is continued economic growth in the non-manufacturing sector, but at slower rates of increase.
Ralph Kauffman
Yesterday's weak ISM number shows the manufacturing sector is just limping along. Another report this week suggests that Friday's August employment report may not be very good. Worries about the economy resurface and are reflected in stocks,
Hugh Johnson
Yesterday's weak ISM number shows the manufacturing sector is just limping along. Another report this week suggests that Friday's August employment report may not be very good. Worries about the economy resurface and are reflected in stocks.
Hugh Johnson
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