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More on ISM Manufacturing

Comments (5)
  • bbro
    , contributor
    Comments (9319) | Send Message
     
    "Of the 18 manufacturing industries, 15 are reporting growth in June in the following order: Furniture & Related Products; Nonmetallic Mineral Products; Food, Beverage & Tobacco Products; Machinery; Fabricated Metal Products; Computer & Electronic Products; Transportation Equipment; Miscellaneous Manufacturing; Electrical Equipment, Appliances & Components; Apparel, Leather & Allied Products; Wood Products; Printing & Related Support Activities; Petroleum & Coal Products; Primary Metals; and Paper Products. The three industries reporting contraction in June are: Textile Mills; Chemical Products; and Plastics & Rubber Products."

     

    Back in December 2007 the number of industries reporting growth had dropped to 7
    1 Jul, 10:25 AM Reply Like
  • mrdirt
    , contributor
    Comments (415) | Send Message
     
    But Employment is flat. When 70% of Economy depends on Consumer Spending and consumers already taped out on higher food, electric, tuition and costs but then again the Fed describes this as noise.
    1 Jul, 12:24 PM Reply Like
  • bbro
    , contributor
    Comments (9319) | Send Message
     
    "Employment is flat. "

     

    ISM is a breadth index....

     

    "Of the 18 manufacturing industries, nine reported growth in employment in June in the following order: Furniture & Related Products; Textile Mills; Petroleum & Coal Products; Fabricated Metal Products; Transportation Equipment; Machinery; Computer & Electronic Products; Food, Beverage & Tobacco Products; and Miscellaneous Manufacturing. The five industries reporting a decrease in employment in June are: Plastics & Rubber Products; Primary Metals; Paper Products; Chemical Products; and Nonmetallic Mineral Products.'

     

    There is job growth....
    1 Jul, 12:57 PM Reply Like
  • SharkDude
    , contributor
    Comments (551) | Send Message
     
    OMG. that makes me want to buy even more aapl and nflx.
    1 Jul, 10:29 AM Reply Like
  • june1234
    , contributor
    Comments (2499) | Send Message
     
    I'm certain Yellen and them are paying much closer attention to the tanking big bank European stocks than they are to June auto sales numbers. Like Lagarde at the IMF has warned more than once, the TBTF issue, at the heart of the 08 crisis, has not been dealt with.
    1 Jul, 11:11 AM Reply Like
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