- New Orders of 66.7 is a 3.3 point rise from July's level, and the highest read for that subindex since April 2004. Production of 64.5 also rises 3.3 points in August.
- Employment 58.1 vs. 58.2; Supplier Deliveries 53.9 vs. 54.1; Inventories 52 vs. 48.5; Prices 58 vs. 59.5; Backlogs 52.5 vs. 49.5.
- "Business is strong. Labor is becoming a difficult issue," says a respondent in the Furniture & Related Products industry. From a respondent in Primary Metals: "Strongest month in years. Business is solid...Awesome!"
- Previously: ISM Manufacturing Index rises to 59 in August
- Full report
- Already lower on the session, Treasury prices decline a bit further, with the 10-year yield now higher by six basis points to 2.40%. TLT -1.4%, TBT +2.6%.
- ETFs: TBT, TLT, TMV, SHY, IEF, TBF, EDV, PST, TMF, TTT, ZROZ, SBND, TLH, IEI, DTYS, TYO, DLBS, VGLT, BIL, UST, UBT, PLW, SHV, VGIT, VGSH, TLO, GOVT, TBX, SCHO, GSY, TENZ, SCHR, DTYL, TYD, ITE, LBND, DTUS, SST, TYBS, TUZ, DLBL, DTUL, TBZ, DFVL, FIVZ, DFVS, TYNS, TAPR