ISM Non-Manufacturing Composite
ISM Manufacturing TABLE
Nice bounce back, above expectations, back above 50, but the chart still looks like it’s slowly working its way lower.
The table shows gains in employment to 50.8 from 46.9, and Prices Paid up to a 5 month high of 72.1
Twin themes intact: weakness (but no recession) and rising prices.
Crude just printed above $120, as Saudis remain firmly in control.