Economic Indicators: Manufacturing

Economic Indicators: Manufacturing

Intuition Publishing Pty Ltd
Updated Sep 24, 2020

Although the manufacturing sector doesn't contribute as much to GDP as the services sector in developed countries, it is more sensitive to changes in the economic climate and so is seen as a better indicator of future activity. Here we look at the main US manufacturing indicators; Durable Goods Orders, Factory Orders, ISM Manufacturing and Non-Manufacturing, and the Chicago PMI.