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Strategies & Market Trends : The New Economy and its Winners

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To: Mark Fowler who wrote (8563)9/4/2001 11:28:18 AM
From: Bill Harmond  Read Replies (2) of 57684
 
10:03 ET Economic Data : The NAPM index rose to 47.9% in Aug from 43.6% in Jul -- this is much better than the 44.0% market consensus and should be a positive for the market as it hints that the manufacturing sector is moving closer to recovery. Construction spending fell 0.1% in Jul, near market expectations for an unchanged reading; this report will be overshadowed by the NAPM.
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