BlogBusinessNovember 2008 ISM Report Released
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November 2008 ISM Report Released
Today the Institute for Supply Management (ISM) released the November 2008 Manufacturing ISM Report on Business®.
| Purchasing Managers' Index |
36.2% |
Typically when the PMI is above expectations stock and bond prices decrease while inflation and interest rates increase. When the PMI is below expectations stock and bond prices increase while inflation and interest rates decrease.
The latest economic activity in the manufacturing sector failed to grow in November for the fourth consecutive month.
For more details on the ISM Report on Buisness® go to the ISM website at: http://www.ism.ws/ISMReport/MfgROB.cfm?navItemNumber=12942
Source: ISM Report on Buisness®
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