ISM: Slower Pace of Expansion, Yet Prices Remain an Issue

Headline ISM moderated again for the third straight month as the manufacturing sector continues to exhibit growth although at a pace that remains disappointing to many. In May, the ISM index came in at 53.5 from 60.4 in April (top chart). The basic message is that the factory sector continued

Source: ActionForexall Rss Feed

US: ISM - Shifting Into Expansion from Recovery, Prices an Issue

The “headline” ISM index moderated from 61.2 in March to 60.4 in April (top chart). The basic message is that the factory sector continued to expand at a strong pace in April with 60 plus readings for production, new orders, export orders and employment. The headline index has been above