ABA Banking Journal
No Result
View All Result
  • Topics
    • Ag Banking
    • Commercial Lending
    • Community Banking
    • Compliance and Risk
    • Cybersecurity
    • Economy
    • Human Resources
    • Insurance
    • Legal
    • Mortgage
    • Mutual Funds
    • Payments
    • Policy
    • Retail and Marketing
    • Tax and Accounting
    • Technology
    • Wealth Management
  • Newsbytes
  • Podcasts
  • Magazine
    • Subscribe
    • Advertise
    • Magazine Archive
    • Newsletter Archive
    • Podcast Archive
    • Sponsored Content Archive
SUBSCRIBE
ABA Banking Journal
  • Topics
    • Ag Banking
    • Commercial Lending
    • Community Banking
    • Compliance and Risk
    • Cybersecurity
    • Economy
    • Human Resources
    • Insurance
    • Legal
    • Mortgage
    • Mutual Funds
    • Payments
    • Policy
    • Retail and Marketing
    • Tax and Accounting
    • Technology
    • Wealth Management
  • Newsbytes
  • Podcasts
  • Magazine
    • Subscribe
    • Advertise
    • Magazine Archive
    • Newsletter Archive
    • Podcast Archive
    • Sponsored Content Archive
No Result
View All Result
No Result
View All Result
ADVERTISEMENT
Home Economy

Manufacturing Sector Expanded in January

February 1, 2021
Reading Time: 1 min read

The ISM Manufacturing Index registered 58.7 points in January, 1.8 percentage points lower than the December reading of 60.5%. This indicates expansion in the overall economy for the eighth month in a row. Sixteen of the 18 manufacturing industries reported growth in January.

The Employment Index registered 52.6% in January; 0.9 percentage points higher than the December reading of 51.7%. This was the second month in a row of growth for the index with only one (Chemical Products) of the six big industry sectors expanding.

The New Orders Index registered 61.1% in January; a decrease of 6.4 percentage points compared to the seasonally adjusted 67.5% reported in December. This indicates that new orders grew for the eighth consecutive month.

The New Export Orders Index was 54.9% in January, a decrease of 2.6 percentage points compared to the December reading of 57.5%.

The Inventories Index registered 50.8%, 0.2 percentage point lower than the December reading of 51%. Inventories grew for a fourth consecutive month after three months of contraction.

 

Read the ISM release.

ADVERTISEMENT
Tags: ISM manufacturing
ShareTweetPin

Related Posts

Texas Bankers Foundation creates donations page in aid of Texas flood victims

Texas Bankers Foundation creates donations page in aid of Texas flood victims

Newsbytes
July 7, 2025

The foundation has made an initial $10,000 donation to the Kerrville-based Community Foundation of the Texas Hill Country to help victims of the flooding along the Guadalupe River and surrounding communities. More support is forthcoming to other organizations,...

OCC allows Texas banks affected by flooding to close

OCC allows Texas banks affected by flooding to close

Newsbytes
July 7, 2025

The OCC said that it expects that only those bank offices directly affected by potentially unsafe conditions will close and should make every effort to reopen as quickly as possible.

U.S. Bank survey: Small-business owners focus on succession planning

U.S. Bank survey: Small-business owners focus on succession planning

Newsbytes
July 6, 2025

The need for small-business owners to make long-term plans is reinforced by their day-to-day worries. Respondents reported top economic stressors as the economic environment; inflation and increased costs; competition; fraud or cybersecurity threats; and obtaining funding to support...

ABA files amicus brief urging Eighth Circuit to reverse district court’s dismissal of NSF fee lawsuit

FDIC report: 97% of supervised institutions rated satisfactory or better for consumer compliance

Newsbytes
July 6, 2025

The report includes a summary of the overall consumer compliance performance for FDIC-supervised institutions in 2024, a description of the most frequently cited violations, and an overview of consumer complaint trends. The last report was issued in spring 2024.

ABA, associations urge lawmakers to finalize deal on debt ceiling

Updated: President signs ‘big beautiful bill’ including numerous ABA-backed provisions

Ag Banking
July 3, 2025

Included in the bill were several ABA-supported tax provisions related to banks, including a modified version of the ABA-advocated ACRE Act and the permanent extension of the Section 199A pass-through deduction rate of 20%.

Factory orders increased in May

Economy
July 3, 2025

New orders for manufactured goods in May, up five of the last six months, increased $48.5 billion or 8.2% to $642.0 billion, the U.S. Census Bureau reported today. This followed a 3.9% April decrease. New orders for manufactured...

NEWSBYTES

Texas Bankers Foundation creates donations page in aid of Texas flood victims

July 7, 2025

OCC allows Texas banks affected by flooding to close

July 7, 2025

U.S. Bank survey: Small-business owners focus on succession planning

July 6, 2025

SPONSORED CONTENT

Navigating Disruption in Ag Lending – Why Tariffs Are Just the Tip of the Iceberg

Navigating Disruption in Ag Lending – Why Tariffs Are Just the Tip of the Iceberg

July 1, 2025
AI Compliance and Regulation: What Financial Institutions Need to Know

Unlocking Deposit Growth: How Financial Institutions Can Activate Data for Precision Cross-Sell

June 1, 2025
Choosing the Right Account Opening Platform: 10 Key Considerations for Long-Term Success

Choosing the Right Account Opening Platform: 10 Key Considerations for Long-Term Success

April 25, 2025
Outsourcing: Getting to Go/No-Go

Outsourcing: Getting to Go/No-Go

April 5, 2025

PODCASTS

Podcast: Inside ABA’s new Treasury Check Verification System API

June 25, 2025

Podcast: Staying close to clients amid tariff-driven volatility

June 18, 2025

Podcast: Old National’s Jim Ryan on the things that really matter

June 12, 2025
ADVERTISEMENT

American Bankers Association
1333 New Hampshire Ave NW
Washington, DC 20036
1-800-BANKERS (800-226-5377)
www.aba.com
About ABA
Privacy Policy
Contact ABA

ABA Banking Journal
About ABA Banking Journal
Media Kit
Advertising
Subscribe

© 2025 American Bankers Association. All rights reserved.

No Result
View All Result
  • Topics
    • Ag Banking
    • Commercial Lending
    • Community Banking
    • Compliance and Risk
    • Cybersecurity
    • Economy
    • Human Resources
    • Insurance
    • Legal
    • Mortgage
    • Mutual Funds
    • Payments
    • Policy
    • Retail and Marketing
    • Tax and Accounting
    • Technology
    • Wealth Management
  • Newsbytes
  • Podcasts
  • Magazine
    • Subscribe
    • Advertise
    • Magazine Archive
    • Newsletter Archive
    • Podcast Archive
    • Sponsored Content Archive

© 2025 American Bankers Association. All rights reserved.