As ISM Numbers Rise Baker Hughes and McKesson Carve Out Their Personal Niches [manufacturingdata]

As ISM Numbers Rise Baker Hughes and McKesson Carve Out Their Personal Niches [manufacturingdata]

NASDAQ News: DATA SNAP: U.S. June ISM Non-Manufacturing Index Slows to 52.1 vs 53.7 in May. DATA SNAP: U.S. June ISM Non-Manufacturing Index Slows to 52.1 vs 53.7 in May

The Institute for Supply Management's National Manufacturing Index fell to 53.5 in May, from 60.4 last month, and well below the consensus expectation for 57.7. It is the lowest level for the index since September 2009, but it is still the 22nd straight month of manufacturing expansion. Bradley J. Holcomb, chair of the Institute for Supply Management Manufacturing Business Survey Committee, issued the report today. Mr. Holcomb said, "Slower growth in new orders and production are the primary contributors to this month's lower PMI reading. Manufacturing employment continues to show good momentum for the year, as the Employment Index registered 58.2 percent, which is 4.5 percentage points lower than the 62.7 percent reported in April. Manufacturers continue to experience significant cost pressures from commodities and other inputs." Of the 18 manufacturing industries, 14 reported growth in May, and one reported activity was flat. The three industries reporting contraction in May were: Printing & Related Support Activities; Furniture & Related Products; and Food, Beverage & Tobacco Products.

http://kharijohnson.com// ISM Manufacturing Index Falls to Lowest Level Since September 2009, But Still Positive

With the discharge of the most recent month-to-month report from the ISM Index, it could appear that manufacturing development, while sluggish, continues to be pulling the financial system inch by tedious inch out of the worst recession because the Great Depression. The encouraging increase from 54.4 in September to 56.9 in October is a measure of the final state of the business sector based on info provided and correlated alongside 10 totally different sub-indices.
Traditionally, the former Purchasing Managers Index (PMI) has been reflective of the motion of about 11% of the financial system of the US. Since a spread of under 50 is taken into account contraction or decline and a rating above 50 is seen personal enlargement and progress, the fact that right now’s figures are barely above the common 51.2 and considerably higher that the all time low of 32.5 again in December, 2008 could also be cause for hope that might be mirrored in increased on-line buying and selling and in particular inventory dealer activity.
Whereas this development could also be seen niches a positive indicator to Wall Road traders, there are some issues that the index doesn’t take into account the shrinking variety of businesses contributing to these figures.

While some firms have appeared to not solely survive, but to thrive, countless others have become misplaced of absorbed within the relentless financial struggles of the newest years.
The good news seems to be that development spending is up by .5% by means of increased personal and public works projects. Nevertheless, that has not been important sufficient to replicate within the employment rate which nonetheless squats dismally close to 9.6%. Perhaps extra encouraging is the truth that the brand new orders positioned score has elevated from 51.1 to 58.9 through October. Whereas these numbers run about three months ahead, they seem to point a forward movement. However, with stock levels dropping from 55.6 to 53.9, it’s obvious that companies are paring their overhead and will encounter delays in responding to such new orders.
So many components seem like enjoying into market fluctuations proper now. Not solely do mid-term elections have many questioning how the economic landscape shall be marked when all the posturing is over, however the imminent quantitative easing by the Fed is one other wild card. Will the intentional weakening of the dollar actually improve American alternatives to compete towards foreign imports, and will our exports be a sufficiently big boost to stimulate larger sectors of the financial group?
Companies equivalent to Baker Hughes and McKesson(MCK) appear to have discovered a way to shore up their very own belongings by means of acquiring or merging with like-directed businesses. Within the case of BH, a Houston-based mostly producer of oil drilling bits and associated gear, the startling third quarter quadruple soar is a mirrored image of increased exercise both in Canada and the US seeing that exploration into unconventional deep water and gas markets. By buying BJ Services, a company with greater than 100 years of popularity and a presence in more than 50 countries world-vast, Baker Hughes has added an extra dimension of gas and oil gear services. Stress pumping, coiled tubing companies, cementing, and pipeline are all a part of the newly bought package.
Because the dollar droops and oil prices rise, alternative initiatives will change into increasingly useful and this firm seems to have strategically placed itself on the head of the pack. The just lately accepted multi-million dollar three year challenge for Borgland Dolphin Consortium (BDC) to discover the Norwegian space of the Continental Shelf is a pleasant piece of action. Fifteen new wells and speedy activity could have investors smiling. Baker Hughes might have simply taken a precedence step in stock broker listings.
McKesson Corp (MCK) has taken an identical strategy by buying US Oncology, a cancer specialist. The $ 2.16 billion dollar business, together with its $ 1.6 billion debt load is being picked up for $ 560 million by one of many largest US drug distributors. It could seem ghoulish, but there is big cash to be made in most cancers treatments. With the common remedy costs running $ 50,000 â€" $ one hundred,000 per year, expensive pharmaceutical medicine characterize a huge profit margin. McKesson says that this acquisition will increase their oncology-physician base from one thousand professionals, treating 17% of all most cancers sufferers, to 3000 doctors, treating greater than 50%. That’s a boat load of new prescriptions which Baker Hughes happens prime distribute.
In all fairness, McKesson also hopes to be able to supply some response to the growing well being care needs that can be introduced underneath the brand new health care program. As ISM Numbers Rise Baker Hughes and McKesson Sculpt Out Their Personal Areas many ISM Numbers Rise Baker Hughes and McKesson 1.53 million Individuals can be recognized with most cancers this year. There will likely be no shortage of future most cancers remedy customers. McKesson seems to be a robust, secure firm with great cash move technology, high cash balances, and a strong credit score rating. The corporate has identified a distinct segment and bought oncology services to bolster its product line and profitability. If it will possibly also scale back funding prices, it has it all. No marvel buying and selling shares are on the rise.
Sara I. Culbreath

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Question by oops: Can you help me with some / any of these economic Indices / Statistics please ? Not All, Any will do? I would like economic statistics of the indices given below in a tabular form so that I can make charts on them. What I want is links to daily weekly monthly or quarterly data ( absolute numbers, or percentages or increase decrease over earlier periods ) from 2003 ( or even a lesser period ) Even if there is no historical data available I would like some links from where I can get these numbers starting now. First point â€" I am Indian, so I am interested in data of India and USA, next all important world indices like Japan, Europe, China, S Korea. Another point â€" the indices are listed randomly, in no particular order, ignore any indice that does not make sense, â€" I may have made a mistake ISM non manufacturing index Purchase managers Index Durable Goods orders ( this is a proxy for business inventory ) IMS Manufacturing data Producer Prices Retail sales Factory Orders US Factory activity Factory and home sales sales of new homes sales of existing homes Nationwide House Prices Supply Demand Gap Japanese Industrial production Total Vehicle Sales Consumer confidence index Current situation index Futures expectation component index Employment confidence index Consumer spending index Euro Zone Economic sentiment Supply manufacturing factory index …. unemployment rate non farm payroll citizen unemployment US workers cut Eurozone unemployment Initial Jobless Claims US Continuing Claims US Challenger Job Cuts WORLD INDICES nasdaq dow nikkei hangseng shanghai msci world index msci india index msci em index msci ac pacafic index Nomura's Composite leading index Growth and GDP Wholesale Price Index Consumer Price Index Inflation figure - consolidated Inflation figure - food fy09 provisional average inflation new car sales industrial production Index of Industrial Production - Consolidated Index of Industrial Production - Mining Index of Industrial Production - manufacturing Index of Industrial Production - electricity 10 year bond yield 10 years gilt 10 year g sec yield 1 year g sec yield 91 day Treasury Bills Libor - us uk eur Mibor Fiscal stimulus ( % of GDP ) Credit Supply Federal Funds Rate Money Supply MS1 MS2 MS3 Government Purchases RBI / FED Policy Rate BANK RATE REPO Reverse Repo CRR SLR Agricultural Credit ECB Interest Rates Corporate Earnings growth Construction spending MBA Mortgage Applications EPFR ( this tracks funds flows ) Indicator of NPL Net Performing Assets ( NPA ) Sub BPLR loan Bank purchasing manufacturers index ( the above is a key barometer from 500 cos) US Fed Rate ECB rate Consumer credit India specific (& USA / International where applicable ) Swap Rates Dollar and Other Currencies fiscal deficit imports & exports - % & absolute & yoy oil & non oil import bill net outflow, inflow Overall / quarter balance of payment Defecit Fiscal BOP defecit Current A/c defecit Merchandise trade def Trade def numbers Capital account defecit total reserves Foreign current assets Gold SDR Reserves in IMF External debt FII, DII inflows Mutual Funds Best answer for Can you help me with some / any of these economic Indices / Statistics please ? Not All, Any will do?:

Answer by Robert M
Barron's magazine provides most of these each week, probably on line also.

Answer by bakog
visit my site www.rtbatac-pfa.com

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