US - ISM manufacturing index for March
The ISM manufacturing index at 50.9 in march down 1.4 points form February.
- The New Orders and Production Indexes advanced
- The Employment and Inventories Indexes declined
Second month in a row that the index remain in growth zone.
As it seem, the new form ISM are'nt good since it's really close to the contraction line. It maybe possible to see the index cross the 50 points line once for the 5th time in seven month. Things are getting much worst than anticipated.
Posted by
Anonymous |
April 2, 2007 at 12:05 PM