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Jump / Trump --- van Halen jump "The Democrat Meltdown Continues" Status: Not Logged In; Sign In Economy See other Economy Articles Title: SM Index of Manufacturing in U.S. Increased to 56.3 in August [GOP Puts Election Prospect Flags At Half Staff] Source: BBG URL Source: http://www.bloomberg.com Published: Sep 1, 2010 Author: Courtney Schlisserman Post Date: 2010-09-01 10:11:23 by war Keywords: None Views: 9341 Comments: 13 Sept. 1 (Bloomberg) -- The Institute for Supply Management’s gauge of manufacturing unexpectedly rose to 56.3 in August from 55.5 a month earlier, the Tempe, Arizona-based group said today. Readings greater than 50 signal growth. Economists forecast the ISM factory index would decline to 52.8, according to the median of 78 projections in a Bloomberg News survey. Estimates ranged from 49.9 to 56. Separate figures today showed manufacturing in other parts of the world was mixed in August. China’s purchasing managers’ index rose to 51.7 last month from 51.2, a government-backed report showed. A measure released by HSBC Holdings Plc and Markit Economics also increased. Growth at Europe’s factories cooled and export demand dropped to the lowest in seven months. A gauge of manufacturing in the 16-nation euro region declined to 55.1 from 56.7 the previous month, London-based Markit Economics said. Post Comment   Private Reply   Ignore Thread   Top • Page Up • Full Thread • Page Down • Bottom/Latest Begin Trace Mode for Comment # 11. #9. To: war (#0) So this, not the 10% decline in construction spending yoy, will break the Republican November tidal-wave??? Nebuchadnezzar  posted on  2010-09-01   11:05:35 ET  Reply   Untrace   Trace   Private Reply   #10. To: Nebuchadnezzar (#9) (Edited) I believe that you are mistaking the raging debate within the GOP as a proxy for some sort of catharsis in the electorate this November. I am loathe to predict the outcome of November elections in September. September only gets you to the red zone. The scoring is done in October. 2008 was an out year. There was no doubt that the GOP was going to get bounced and bounced good. Personally, as fickle as the American electorate has shown itself to be, I have a very difficult time believing that the pendulum is going to swing back well past the middle ground in 2 years. Especially since the Tea Party [sic] is not only trying to get everyone on the one way train to Kookville but alientating half of the GOP as it does so. I could be wrong. Ask me again in three or four weeks. war  posted on  2010-09-01   11:19:42 ET  Reply   Untrace   Trace   Private Reply   #11. To: war (#10) I believe that you are mistaking the raging debate within the GOP as a proxy for some sort of catharsis in the electorate this November. I am loathe to predict the outcome of November elections in September. September only gets you to the red zone. The scoring is done in October. That isn't my point. My point is that you're crowing about a number (ISM) and ignoring something that is far more important to the UE number. Nebuchadnezzar  posted on  2010-09-01   13:14:31 ET  Reply   Untrace   Trace   Private Reply   Replies to Comment # 11. #12. To: Nebuchadnezzar (#11) (Edited) My point is that you're crowing about a number (ISM) and ignoring something that is far more important to the UE number. There is a much stronger correlation between ISM employment and NFP than ADP and NFP. war  posted on  2010-09-01 13:20:21 ET  Reply   Untrace   Trace   Private Reply   End Trace Mode for Comment # 11. Top • Page Up • Full Thread • Page Down • Bottom/Latest

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