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2008-06-02 RPX Composite 28dy YoY

RPX Composite 28dy YoY (Mar)

Survey n/a
Actual -13.97%
Prior -11.00%
Revised n/a

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2008-06-02 RPX Composite 28dy Index

RPX Composite 28dy Index (Mar)

Survey n/a
Actual 235.40
Prior 239.31
Revised n/a

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2008-06-02 Construction Spending MoM

Construction Spending MoM (Apr)

Survey -0.6%
Actual -0.4%
Prior -1.1%
Revised -0.6%

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2008-06-02 Construction Spending MoM TABLE

Construction Spending MoM TABLE

Also better than expected, and showing signs of life as the fiscal package kicks in.

All eyes are on residential which appears to be slowing its decline and should be doing less damage to GDP.

Just heard Lehman raised Q2 GDP estimate to up 1% from down 0.4%.

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2008-06-02 ISM Manufacturing

ISM Manufacturing (May)

Survey 48.5
Actual 49.6
Prior 48.6
Revised n/a

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2008-06-02 ISM Prices Paid

ISM Prices Paid (May)

Survey 85.0
Actual 87.0
Prior 84.5
Revised n/a

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2008-06-02 ISM Manufacturing TABLE

ISM Manufacturing TABLE

Better than expected and looking like a bottom to me, with the fiscal package just now kicking in.

Recession fears a fading memory?

Prices paid way and higher than expected as FOMC turns its attention towards inflation.


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