ISM Manufacturing Growth Slows

ISM reports:

• "Component lead times are increasing sharply." (Computer & Electronic Products)
• "Market had begun to change, but it is now declining again." (Wood Products)
• "BP oil spill will impact business conditions over the next few months." (Fabricated Metal Products)
• "The economy continues to be sluggish, with orders 8 percent to 10 percent below last year." (Nonmetallic Mineral Products)
• "Retail sales are strong for both the domestic and international markets." (Food, Beverage & Tobacco Products)

Source: Realtor