THE BASIS POINT

Manufacturing Growth Slows with World Economy.

 

Jobless Claims (week ended September 26, 2015)

– Initial Claims  (seasonally adjusted) 277,000, an increase of 10,000 from  previous
– Initial Claims unadjusted  215,483 a decrease of 3,856 from  previous
– 4-week Moving Average (seasonally adjusted) 270,750, a decrease of 1,000 from previous.

 

 

Challenger Job-Cut Report (September 2015)

– Announced Layoffs  58,877. Previous was 41,186

 
PMI Manufacturing Index  (September 2015)

– level 53.1. Previous was 53.0

 

 
ISM Manufacturing Index  (September 2015)

– Level 53.6. Previous was 56.0.

Growing but at a slower rate.

 

Construction Spending  (August 2015)

– Construction Spending month/month +0.7%
– Construction Spending year/year 13.7%

 

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