The latest ISM survey results on the health of the American manufacturing sector are out, and the report contains mostly good news. (Production and new orders are both growing, and the rate of growth for both accelerated in June. Same goes for imports and exports.) Despite seemingly improving conditions, the ISM report's employment sub-index sank to 48.7 in June from 50.1, marking the lowest level since September 2009. Any reading below 50 on the index indicates contraction, so the 48.7 ISM empl...
ISM Report Contains Worst Employment Figure Since September 2009
Business Insider - 1 Jul 2013 16:25
The latest ISM survey results on the health of the American manufacturing sector are out, and the report contains mostly good news. (Production and new orders are both growing, and the rate of growth for both accelerated in June. Same goes for imports and exports.) Despite seemingly improving conditions, the ISM report's employment sub-index sank to 48.7 in June from 50.1, marking the lowest level since September 2009. Any reading below 50 on the index indicates contraction, so the 48.7 ISM empl...
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