Thursday, July 1, 2010

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

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