PSCI News and Press, PowerShares S&P SmallCap Industrials Portfolio From 10/19/21

Industrial production in US was surprisingly weak in September, falling a hefty 1.3% vs. the previous month – far below Econoday.com’s consensus point forecast for a moderate 0.2% rise. The recent weakness trims the trend’s strength, but the current industrial exp...

Industrial production was hit partly by after-effects of Hurricane Ida, and also (in manufacturing) by the reductions in auto production. Manufacturing also missed expectations, at -0.7% vs. +0.1% m/m not annualized. That’s two consecutive months of declines for both industrial...

Industrial production fell 1.3 percent in September. Capacity utilization fell a full percentage point to 75.2 percent from 76.2 percent in August and is below the February 2020 level of 76.3 percent. Industrial output showed broad weakness in September. For further details ...

Manufacturing input costs rose at an accelerated rate in September, increasing at one of the sharpest rates seen over the past decade as supply shortages were exacerbated by ever-higher shipping costs. Demand growth cooled, however, alleviating some of the upward pressure on prices, l...

Global manufacturing output growth picked up in September from the 14-month low witnessed in August. Globally, the number of firms reporting that production has fallen due to supply chain delays or labour shortages is running at over three times the long run average. What remains ...

The latest leading economic data indicate that the US recovery/expansion is intact and that US GDP will continue to grow at an above-average rate for at least two more quarters, albeit not as quickly as it grew during the first half of this year. Note that the GDP growth number for Q3...

US factories are humming along, constrained only by supply issues which might occasionally limit production. According to the Census Bureau, it is not consumer goods which are making such massive waves in production. On the contrary, factory orders for strictly consumer products are, ...

Taking a look at how the expected Q3 ’21 sector revenue growth rates have changed since mid-August ’21 or the unofficial end of Q2 ’21 earnings season. Per Bespoke’s research, the S&P 500 has now reached “extremely oversold” levels, worse ...

Invesco SmallCap Industrials ETF (NASDAQ:PSCI) - $0.1735. 30-Day SEC Yield of 0.40% as of Sept. 17. Payable Sep 30; for shareholders of record Sep 21; ex-div Sep 20. For further details see: Invesco SmallCap Industrials ETF declares quarterly distribution of $0.1735

Small-cap stocks closed out another week of underperformance. The Russell 2000 (RTY) (NYSEARCA:IWM) lost 2.8% on the week. The S&P 500 (SP500) (NYSEARCA:SPY) fell 1.7%, the Dow (DJI) (NYSEARCA:DIA) closed down 2.2%, the Nasdaq (COMP.IND) was off 1.6%, and the Nasd...