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  • US Manufacturing PMI at 58.7%; December 2021 Manufacturing ISM Report On Business

    From prnewswire.com

    Economic activity in the manufacturing sector grew in December, with the overall economy achieving a 19th consecutive month of growth, say the nation's supply executives in the latest Manufacturing ISM® Report On Business®. "The December Manufacturing PMI® registered 58.7 percent, a decrease of 2.4 percentage points from the November reading of 61.1 percent. This figure indicates expansion in the overall economy for the 19th month in a row after a contraction in April 2020. The New Orders Index registered 60.4 percent, down 1.1 percentage points compared to the November reading of 61.5 percent. The Production Index ... (full story)

Added at 10:03am
  • *U.S. ISM MANUFACTURING INDEX LOWEST SINCE JANUARY 2021

    — *Walter Bloomberg (@DeItaone) January 4, 2022
Added at 10:08am
  • US ISM Manufacturing Dec: 58.7 (est 60.0; prev 61.1)
    - Prices Paid: 68.2 (est 79.3; prev 82.4)
    - New Orders: 60.4 (est 60.4; prev 61.5)
    - Employment: 54.2 (est 53.6; prev 53.3)

    — LiveSquawk (@LiveSquawk) January 4, 2022
Added at 10:09am
  • US Manufacturing Unexpectedly Tumbles To 12-Month Low As Prices-Paid Slump

    From zerohedge.com

    After yesterday's disappointing Markit survey of US Manufacturing, analysts expected ISM Manufacturing to print lower and its did significantly. December ISM Manufacturing printed 58.7, well below the 60.0 expected and the 61.1 prior as it caught down to the 12-month lows of Markit's measure... chart Moist notably, Prices Paid tumbled in December to its lowest since Nov 2020... chart Orders dropped modestly also. The ISM’s factory production measure slipped to 59.2, the lowest since July but robust by historical standards. The pullback may reflect disruptions due to the omicron variant. Improved delivery times ... (full story)

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  • Jan 4, 2022 10:05am Jan 4, 2022 10:05am
  •  DaJoWaBa
  • | Joined Sep 2018 | Status: Member | 437 Comments
Cough, splutter?
 
 
  • Post #2
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  • Jan 4, 2022 10:48am Jan 4, 2022 10:48am
  •  foto
  • Joined Jan 2007 | Status: Member | 2,321 Comments
Expected more comments on this.
One theme for 2022 will be effects of two tier economy Fed has engineered by pursuing Socialism.
Wealthy have resources to spend but middle class only has more consumer credit to turn to as wages are not going up as fast as product prices.

Fed will not be able to disembark from its taper plans as what Canada data showed this morning input price are dramatically higher for manufacturers, applies to US as well.

USD should continue to be safe haven asset as overall economy fails to perform in 2022.
 
 
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  • | IP X.XXX.111.79
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    Job Openings and Labor Turnover - November 2021

    From bls.gov|Jan 4, 2022

    The number of job openings decreased to 10.6 million on the last business day of November, the U.S. Bureau of Labor Statistics reported today. Hires were little changed at 6.7 million and total separations increased to 6.3 million. Within separations, the quits rate increased to 3.0 percent, matching a series high last seen in September. The layoffs and discharges rate was unchanged at 0.9 percent. This release includes estimates of the number and rate of job openings, hires, and separations for the total nonfarm sector, by industry, by four geographic regions, and by establishment size class. Job Openings On the last business day of November, the number and rate of job openings decreased to 10.6 million (-529,000) and 6.6 percent, respectively. Job openings decreased in several industries with the largest decreases in accommodation and food services (-261,000); construction (-110,000); and nondurable goods manufacturing (-66,000). Job openings increased in finance and insurance (+83,000) and in federal government (+25,000). The number of job openings decreased in the South and Midwest regions. (See table 1.) Hires In November, the number and rate of hires were little changed at 6.7 million and 4.5 percent, respectively. Hires were little changed in all industries and in all four regions. (See table 2.) Separations Total separations includes quits, layoffs and discharges, and other separations. Quits are generally voluntary separations initiated by the employee. Therefore, the quits rate can serve as a measure of workers’ willingness or ability to leave jobs. Layoffs and discharges are involuntary separations initiated by the employer. Other separations includes separations due to retirement, death, disability, and transfers to other locations of the same firm. tweet at 10:02am: MORE U.S. NOV JOLTS: QUITS RATE UP TO 3.0%. MATCHING SERIES HIGH SET IN SEPT #usemployment #JOLTS #jobs

    CA operating conditions continue to improve, but shortages weigh on growth during December

    From markiteconomics.com|Jan 4, 2022

    The concluding month of 2021 revealed another robust expansion in operating conditions at Canada's manufacturing sector. Sustained increases in output, new orders and employment ...

    The 2022 Carry Trade: GBP/JPY Surges Higher as Rates Differential Gains Momentum

    From dailyfx.com|Jan 4, 2022|1 comment

    GBP/JPY is a market that started to gain attention in Q4 of 2021 as inflation in the UK prompted the first rate hike (15 basis points) since the start of the pandemic in an ...

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    Novak: Uncertainties Over Omicron, But It Does Not Affect Oil Demand

    From @PriapusIQ|Jan 4, 2022

    tweet at 10:05am: Russia's Novak Says We Believe There Are Uncertainties Over Omicron, But It Does Not Affect Oil Demand

    Turks Cling to US Dollars in Red Flag for Erdogan Plan to Save Lira

    From bnnbloomberg.ca|Jan 4, 2022

    Turkish investors are still clinging to foreign currencies, undermining President Recep Tayyip Erdogan’s plan to support the lira without raising interest rates. Companies boosted ...

    US: A record 4.5 million workers quit their jobs in November

    From cnbc.com|Jan 4, 2022

    Workers quit their jobs in record numbers in November while the total employment openings pulled back a bit, the Labor Department reported Tuesday. The so-called quits level ...

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  • Posted: Jan 4, 2022 10:01am
  • Submitted by:
     Newsstand
    Category: High Impact Breaking News
    Comments: 2  /  Views: 8,550
  • Linked events:
    USD ISM Manufacturing PMI
    USD ISM Manufacturing Prices
  • Related Stories
    UK manufacturing upturn continues at end of 2021
    From markiteconomics.com|Jan 4, 2022
    US economy in good position to weather Omicron storm
    From think.ing.com|Jan 4, 2022
    Job Openings and Labor Turnover - November 2021
    From bls.gov|Jan 4, 2022
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