The ISM, formerly the National Association of Purchasing Managers (NAPM) and now all grown-up into an Institute, report that activity is on-balance positive, but hardly zippy. (Read it yourself. That's best).
Worrisome points included a falloff in the employment index. Also, prices are rising - natural gas, plastics, - everything!
Encouraging points included an accelerating export versus import picture. Also, inventories reported to be in quite good condition.
Monday, December 3, 2007
"The Institute" Reports - Just Slow U.S. Growth
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