Skip to main content

ISM Manufacturing Index (Dec.)

The further decline in the ISM manufacturing index in December, to its lowest level since June 2009, at face value suggests the US economy is teetering on the brink of recession. But it’s hard to put much store by the ISM figures, which are at odds with the other survey evidence and the actual output data themselves, which suggest that conditions in the manufacturing sector are stabilising.

Become a client to read more

This is premium content that requires an active Capital Economics subscription to view.

Already have an account?

You may already have access to this premium content as part of a paid subscription.

Sign in to read the content in full or get details of how you can access it

Register for free

Sign up for a free account to gain:

  • Unlock additional content
  • Register for Capital Economics events
  • Receive email updates and economist-curated newsletters
  • Request a free trial of our services


Get access