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May ISM Manufacturing Index: 53.5 vs. 54.0 consensus and 54.8 prior. Prices index 47.5 vs. 61.0...

May ISM Manufacturing Index: 53.5 vs. 54.0 consensus and 54.8 prior. Prices index 47.5 vs. 61.0 prior. Employment 56.9 vs. 57.3. Inventories 46.0 vs. 48.5. New orders 60.1 vs. 58.2.
Comments (3)
  • No recession with new orders at 60...also inside the employment
    number the temporary help services number is well above its 12 month moving average,,,,on the flip side the job momentum in the
    non seasonally adjusted private payrolls is below its 12 month
    moving average...a negative...
    1 Jun 2012, 10:06 AM Reply Like
  • With much negative news in Europe, England, China, India, this bad news in America makes it look like we WILL have a recession. Weakest US job growth in a year. Hard to keep those rose-colored glass projecting that rosey scenario, BBro?
    1 Jun 2012, 01:19 PM Reply Like
  • Drop in inventories. Uncertainty.
    1 Jun 2012, 10:23 AM Reply Like
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