Economist

Richard Iley

Macroeconomics

While markets have focused on the slight miss in the headline number, the real message of the August labour market report was that the manufacturing sector is booming. Manufacturing payrolls jumped by a seasonally-adjusted +36k in August; their largest monthly gain in 4 years.  Moreover, the 3-month gain in manufacturing jobs is a now a punchy +83k; the strongest since 2012Q1. The BLS also provides a diffusion index for manufacturing employment which measures the breadth of jobs gains across…

While markets have focused on the slight miss in the headline number, the real message of the August labour market report was that the manufacturing sector is booming. Manufacturing payrolls jumped by a seasonally-adjusted +36k in August; their largest monthly gain in 4 years.  Moreover, the 3-month gain in manufacturing jobs is a now a punchy +83k; the strongest since 2012Q1. The BLS also provides a diffusion index for manufacturing employment which measures the breadth of jobs gains across…

United States

iShares Global Materials ETF is an exchange-traded fund incorporated in the USA. The Fund seeks results that correspond generally to the price and yield performance of the S&P Global Materials Index.

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Ishares Global Materials ETF (MXI US)

US: Manufacturing Boom!

While markets have focused on the slight miss in the headline number, the real message of the August labour market report was that the...

Richard Iley

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