Markit – PMI USA- læs hele meddelelsen her:
“With US manufacturers reporting a return to growth of order books for the first time in four months, as well as improved job gains, the September survey brings welcome news that business conditions are starting to improve again. However, even with the latest improvement, the weakness of the data in recent months still point to manufacturing acting as a drag on the economy in the third quarter, and demand will need to revive further if any meaningful positive contribution to GDP is going to be seen in the rest of the year.
“The brightest signs of life are coming from the domestic market, with producers of both consumer goods and, most notably, business equipment reporting improved sales to the home market. Manufacturers across the board are, however, reporting further export losses, linked to weaker economic growth abroad and the dollar’s strength.
“While the strong dollar is curbing exports, a beneficial effect from the greenback’s strength is being seen via lower import costs. With supply chain delays also easing substantially again in September and shipping costs falling, upwards pressure on firms’ costs has moderated sharply, which will feed through to lower goods prices to consumers.”
Fra Handelsbanken:
Amerikansk fremstillingssektor bremser op – men det kan være godt nyt for aktiemarkederne• Det amerikanske ISM-indeks, der tager temperaturen på aktiviteten i fremstillingssektoren, faldt fra 52,8 til 50,9 i september• Det var et større fald end ventet i markedet, og peger på en fortsat mere afdæmpet fremgang i aktiviteten• Prisindeksene faldt også igen, i et tegn på aftagende inflationspres, som kan give anledning til håb om en mindre aggressiv Fed• Det kan give anledning til lavere renter, en svagere USD, og stigende aktiemarkeder – i hvert fald som en umiddelbar reaktion• Vi er dog ikke overbeviste om, at det kan få Fed til at skifte tone med hensyn til behovet for rentestigninger – i hvert fald ikke endnu• Her mener vi, at udviklingen på arbejdsmarkedet er mere afgørende for Fed’s handlinger, så hold i stedet øje med fredagens arbejdsmarkedsrapport
