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To: mykroar

:: index of national factory activity fell to 49.5 ::

IOW, American Industry is under-utilized by half.

By liberal-think, this should generate several hundred thousand jobs in December....


27 posted on 12/03/2012 8:48:44 AM PST by Cletus.D.Yokel (Bread and Circuses; Everyone to the Coliseum!)
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To: Cletus.D.Yokel
IOW, American Industry is under-utilized by half.

Not really. This ISM number attempts to measure whether economic activity in the manufacturing sector is expanding or contracting.

You are thinking of the "capacity utilization" number, that is calculated by the Federal Reserve, and not the ISM.

31 posted on 12/03/2012 8:57:32 AM PST by 1rudeboy
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