Vanguard Industrials ETF

If the United Kingdom doesn’t strike a deal with EU, tariffs on industrial goods and services would range between 0% and 16%, depending on the nature of the products.

The Dallas Fed conducts a monthly survey of manufacturers in Texas regarding their operations in the state to come out with the production index and the business activity index.

The Philadelphia Fed will release the results of its Business Outlook Survey for June, on Thursday, June 19.

Since the manufacturing sector is a major source of cyclical variability in the economy, this report has a big influence on markets.

In 1Q17, the Advisory Board earned a major part of its healthcare business revenues from consultancy services, but it expects to see higher demand for health tech.

Manufacturing growth appears to be steady in the Fifth District. Although new orders declined sharply month-on-month, firms remained upbeat for business prospects.

Jeff Bezos’s primary focus remains his role as the CEO of Amazon, but he’s made investments in many other industries and companies.

As we’ve seen in this series, there are three major Purchasing Managers Index (or PMI) reports issued in the U.S.

Unlike the regional manufacturing surveys conducted by the Federal Reserve Banks of other districts, the CFNAI is a nation-wide measure.

The Monthly Wholesale Trade Survey gives you nationwide estimates of monthly sales, end-of-month inventories, and inventories-to-sales ratios by businesses for wholesale firms.

Although the industrial sector accounts for less than 20% of GDP, it creates much of the cyclical variability in the economy.

In this series, we’ll focus on the manufacturing PMI issued by three major institutions, measuring manufacturing activity in the U.S.

As per the latest Conference Board LEI report, the core capital goods orders for April were valued at $39.1 billion as compared to the downward revised March reading of $39.0 billion.

The ISM New Order Index for April was reported at 61.2, which represented the fourth consecutive monthly decline for the index.

Honeywell International’s (HON) Aerospace segment is the company’s most significant revenue contributor.

The manufacturing sector continues to expand despite the minor drop recorded in March.

In 2018, Deere’s (DE) stock performance has been muted.

Manufacturing growth Berkshire Hathaway’s (BRK.B) manufacturing investments have reaped benefits over the past few quarters, backed by portfolio additions Duracell and Precision Castparts. The division has continued to strengthen and will likely benefit from reforms such as tax rate cuts. Players in the manufacturing space will likely garner larger market share, at least in the interim, due to cost competitiveness. In 4Q17, the […]

Non-defense capital goods drop in November Non-defense capital goods orders exclude aircraft and defense purchases. The US Census Bureau releases a monthly report that tracks new orders for machinery, tools, and equipment for US industries. Defense and aircraft (ITA) orders are excluded from this report because they are usually large and distort the monthly reading. […]

The Institute of Supply Management’s New Orders Index The ISM’s (Institute of Supply Management) New Orders Index is a monthly report on changes in new orders, supplier deliveries, inventories, production, and employment. New orders are a measure of future activity in any industry (VIS), as companies’ production depends on incoming orders. The ISM’s New Orders […]

This has been one of the best years since 2004 for manufacturing activity, viewed through the Purchasing Managers’ Index (or PMI).

Berkshire (BRK.B) has expanded its manufacturing portfolio with the addition of Duracell, Precision CastParts, and a stake in Apple (AAPL).

According to the November Conference board LEI, the core capital goods orders for October totaled ~$38.4 billion, compared to a revised September reading of ~$38.7 billion.

The October 2017 reading for the Conference Board LEI was released on November 20. The LEI rose 2.9% in the six-month period ended in October 2017.

The US Manufacturing PMI (purchasing managers’ index) for the month of October fell to 58.7, compared with 60.8 in September.

According to the October Conference Board LEI, core capital goods orders for September were valued at $37.85 billion compared to a revised reading of $38.0 billion in August.

Non-defense capital goods data Data on core capital goods orders, which exclude aircraft and defense purchases, is released by the US Census Bureau monthly. Investments in machinery, tools, and equipment by industries require capital outlay, and companies make them only when there is an expectation of increased demand. All new orders, shipped goods, and company inventories […]

Nondefense capital goods increase three months in a row Nondefense capital goods exclude aircraft and core capital goods. The census bureau releases a monthly report that includes data on core capital goods. All machinery, equipment, and tools used by industries requiring large capital investments are collectively known as core capital goods. The durable goods order […]

3M Company’s (MMM) acquisition strategy for the last ten years can be classified as “BI” (before Inge) and “AI” (after Inge).

In February 2016, 3M Company (MMM) set financial objectives for the five-year period from 2016 to 2020 that were slightly below its previous expectations.

Realizing that its capital structure was sub-optimal and was leading to a high cost of capital, 3M Company started adding leverage.

3M Company’s (MMM) accruals ratios using the balance sheet and the cash flow methods rose considerably in 2015.

3M Company’s (MMM) Consumer Solutions segment is made up of four diverse businesses, which garnered a combined annual revenue of $4.4 billion in 2015.

The Industrial segment is 3M Company’s (MMM) largest segment. It accounted for 32%–34% of the company’s total annual revenue in the 2011–2015 period.

3M Company is generating a massive 30%–32% of its annual revenue from products it’s introduced in the last five years.

Honeywell’s ACS unit uses the software-as-a-service (or SaaS) business model. In the SaaS model, software is licensed on a subscription basis to users.

United Parcel Service (UPS), originally called American Messenger Company, was founded in 1907 by 19-year-old James E. Casey with $100 borrowed from a friend.

An investment in Raytheon stock would have generated about 94% returns in the past five years. This is just slightly more than the 88% returns from the S&P Index.

The ADP-NER for the month of May, released on Wednesday, June 4.

The ADP National Employment Report (also popularly known as “the ADP Jobs Report” or “ADP Employment Report”) is a monthly report summarizing the employment situation.

Yellen highlighted the fact that according to research, employers are less willing to hire the long-term unemployed and often prefer other job candidates.