Posted on 10/01/2003 7:19:38 AM PDT by Starwind
US ISM Index 53.7 in September vs 54.7 in August
Wednesday October 1, 10:07 am ET
NEW YORK, Oct 1 (Reuters) - The Institute for Supply Management, formerly the National Association of Purchasing Management, on Wednesday reported its monthly indexes of manufacturing activity for September. A listing of the main ISM components follows: . Sept August July June May April March PMI 53.7 54.7 51.8 49.8 49.4 45.4 46.2 New Orders 60.4 59.6 56.6 52.2 51.9 45.2 46.2 Production 57.3 61.6 53.3 52.9 51.5 47.0 46.3 Employment 45.7 45.9 46.1 46.2 43.0 41.4 42.1 Supplier Delvs 52.4 53.3 51.1 50.0 51.3 50.0 53.8 Inventories 42.7 42.5 45.9 41.3 46.1 42.7 42.3 Prices 56.0 53.0 53.0 56.5 51.5 63.5 70.0 Backlog Ords 52.5 51.5 51.0 50.0 51.0 47.5 41.5 Export Orders 52.9 55.3 53.8 54.4 50.8 51.1 52.0 Imports 60.7 55.1 56.0 56.4 52.2 54.5 52.5 FORECAST: A Reuters survey of economists on average expected a median reading of 55.0 in September versus an August reading of 54.7. THE SURVEY: The Manufacturing ISM Report On Business is based on data provided monthly by purchasing executives at over 350 industrial companies. It reflects changes in the current month compared with the previous month. Responses are raw data. FULL TEXT: http://www.ism.ws/
I'm thinking we're in for a double-dip.
And then Bush is 100% gone.
You got that right!!
Look, we are now in the second half of the Third promised Second Half Recovery.
Contrary to most misinformed commentators, EMPLOYMENT is a coincident indicator...and the Times of India and the Straits Times (of Singapore) are loaded with stories of hiring by American Companies, as well as Bushco officials assuring that NOTHING will be done to stem the OUTSOURCING.
I intensely dislike Democrats, but sometimes one must SEND A MESSAGE!!!
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