[Stagerite]

Per Willie Green ... The Institute for Supply Management is notorious for placing fallacious spin on it's bogus statistics. Government policies remain structurally hostile to the manufacturing sector ...

From the Reuters source article ... "The ISM index is compiled from monthly responses by purchasing executives at more than 400 industrial companies, ranging from textiles and chemicals to paper and computers."

[Willie Green]

"The ISM index is compiled from monthly responses by purchasing executives at more than 400 industrial companies, ranging from textiles and chemicals to paper and computers."

Yes... PURCHASING managers, NOT manufacturing managers.
The survey is skewed by these companies taking full credit for their finished product, despite ever-increasing proportion of foreign componts that are purchased rather than manufactured domesticly. As our Trade Deficit races to astronomicly absurd levels, the ISM stats continue to give a distorted perspective of "manufacturing" that is rapidly morphing into mere warehousing and distribution.

[Tennessean4Bush]

Willie may be wrong but he is never in doubt.