March ISM Rises to 53.7

This morning’s ISM report increased from 53.2 in February to 53.7 for March. It was below the Street’s expectations of 54.0 but I think it’s important that it was a monthly increase.

The monthly ISM is a good coincident indicator of the economy. In January, the ISM took a surprise dip, which was probably due to the weather. It looks like we’ve shaken that off.

Posted by on April 1st, 2014 at 2:42 pm


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