Monday, February 5, 2007

Manufacturing, ISM and GDP

The following chart is from the Big Picture Blog:

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The last rounds of Federal Reserve District manufacturing reports and Chicago ISM index were weak. They all pointed to a slowing in the manufacturing sector. This chart shows the trend has been in place for some time. As we enter February and a new round a Fed manufacturing district reports, it's important to pay attention to all of the reports various details.