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To: expat_panama

Maybe they mean the 26th consecutive month the index has stayed above 50? Either way, the manufacturing sector continuing its expanding ways is a sign the economy continues to show decent strength.


7 posted on 08/02/2005 2:48:02 PM PDT by ex 98C MI Dude (Our legal system is in a PVS. Time to remove it from the public feeding trough.)
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To: ex 98C MI Dude

You're a genius-- that's got to be it!

IOW, it's 26 months over 50 meaning 26 months of expanding activity according to the 'secret' formula used by the ISM. There's a different formula that actually works and isn't so 'secret'. It's MSM + FR = useful information.


8 posted on 08/03/2005 3:53:17 AM PDT by expat_panama
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