Thursday, September 01, 2022

ISM's PMI for August? Great!!

I'll use Yahoo's summary:

...New Orders and Employment Expanding; Production and Backlogs Growing; Supplier Deliveries Slowing at a Slower Rate; Raw Materials Inventories Growing; Customers' Inventories Too Low; Prices Increasing at a Slower Rate; Exports Contracting; Imports Growing...

The number is 52.8, which indicates growth in the economy, same as July, now 27 months of ++ in a row.

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