May ISM = 49.0

The May ISM just came in at 49.0. This was the lowest reading in nearly four years.

Today’s report suggests that the economy is weaker than people had thought. Fortunately, we’re still a long way from the danger zone. The economy has come in between 48.0 and 49.9 a total of 65 times. Only eight have been during recessions.

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Posted by on June 3rd, 2013 at 10:24 am


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