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Monthly Archives: November 2015

October 2015 ISM

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Manufacturing conditions stabilized last month as the sharp fall in commodity prices continues to work its way through the economy. Inventory levels remain mixed with some reported as a bit “too high” and others as “too low”. Most importantly, however, the leading indicator within the Purchasing Managers’ Report (PMI)—New Orders—is providing readings that strongly suggest any remaining inventory overhangs should be worked off in short order.

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