December ISM = 55.5

The ISM report for December came in a bit light this morning at 55.5 versus the expected 57.6. But the important thing is that it’s still higher than 50 which it has been for 65 of the last 66 months.

The ISM is a dispersion index which means that any reading greater than 50 means the manufacturing sector of the economy is expanding.

Posted by on January 2nd, 2015 at 12:19 pm


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