Friday, June 01, 2007

May PMI Up!!

There's apparently some life left in the old horse.

May PMI is at 55, up from 54.7.

All commodities are more expensive, following a 4 month trend. While production is up, employment is down (duh) meaning that productivity is up.

Inventories are holding steady.

1 comment:

Anonymous said...

The ISM Inventories Index indicates that manufacturers are now in their 10th month of inventory reduction.