While seeing a modest sequential decline, April manufacturing output remained on the right side of growth, according to the most recent edition of the Manufacturing Report on Business, which was issued today by the Institute for Supply Management (ISM). The report’s key metric, the PMI, had a reading of 55.4 (a reading of 50 or
Coming off of a mixed third quarter, freight shipment and spending levels were down across the board on a sequential and annual basis, according to the most recent edition of the U.S. Bank Freight Payment Index, which was recently issued by Minneapolis-based U.S. Bank. This report, which was initially launched in the third quarter of
Research recently issued in a report by San Francisco-based real estate investment trust company Prologis pointed to stable market conditions for the industrial real estate market, in the third quarter. The report, entitled, “Logistics Activity Trending Toward Sustainable Growth”, highlighted key findings from the Prologis IBI, which is a quarterly survey of customer sentiment. The
