Wednesday, June 1, 2011

The US Recovery is gaining steam .... wait, no it's not! (May ISM stats)

SOURCE



May ISM Manufacturing Index: 


53.5 vs. 57.6 consensus and 60.4 prior. 


Prices index 76.5 vs. 85.5 prior. 


Employment 58.2 vs. 62.7. 


Inventories 48.7 vs. 53.6. 


New orders 51 vs. 61.7
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