ISM Indices vs. GDP YoY% - Leading Economic Indicators
Both ISM Manufacturing Index and Non-Manufacturing Index vs. GDP YoY% for the US economy.
ISM Manufacturing: Yellow
ISM Non-Manufacturing: Blue
GDP YoY%: Green/Red
ISM Manufacturing currently signaling contraction with a level below 50 and the momentum seems lower.
Non-Manufacturing Index is likely to follow the same path although currently signaling growth, but less than before.
GDP YoY% could potentially experience a slow-down within the next 6 Months to a Year.
The FED has being somewhat more Dovish on the latest speech, as they're seeing a negative outcome in keeping Interest Rates higher for much longer.
ISM Manufacturing: Yellow
ISM Non-Manufacturing: Blue
GDP YoY%: Green/Red
ISM Manufacturing currently signaling contraction with a level below 50 and the momentum seems lower.
Non-Manufacturing Index is likely to follow the same path although currently signaling growth, but less than before.
GDP YoY% could potentially experience a slow-down within the next 6 Months to a Year.
The FED has being somewhat more Dovish on the latest speech, as they're seeing a negative outcome in keeping Interest Rates higher for much longer.
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