Today’s edition focuses on the Industrial Production data produced by the Federal Reserve – a dataset which allows us to evaluate and aggregate sector-level shifts in production and output.
Today’s edition focuses on the Producer Price Index data collected by the Bureau of Labor Statistics – a dataset which allows us to evaluate and understand aggregate and sector-level shifts in the input costs faced by firms.
The March ISM Manufacturing PMIs came in strong earlier this week, with a dramatic increase in the Production index leading the way.
The aggregate Industrial Production index ticked up 0.1% month over month, for a reading that is down 0.2% year over year.
The Supply Chain Monitor is Employ America’s Macro Suite newsletter covering developments in data on the supply side of the economy.
