A Research Firm Has Made A Shocking Claim About Today's Bad Manufacturing Report...

May ISM manufacturing was reported at 53.2, a three-month low.  But on Twitter, research firm Stone McCarthy said it believes ISM used the wrong seasonal results, and as a result, the headline May ISM reading is incorrect. We believe ISM used April's seasonals, not May's. ISM headline # should be 55.4, NOT 53.2! #eco #economy — Stone & McCarthy (@StoneMcCarthy) June 2, 2014 We've reached out to ISM for comment, and this post will be updated as we learn more.  Join the conversation about thi...