The Residential Real Estate Post-Crash Index-Moderated Message Board

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Strategies & Market Trends : The Residential Real Estate Post-Crash Index-Moderated

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From: CalculatedRisk	3/1/2011 1:18:39 PM
	7 Recommendations Read Replies (1) of 119358

Just read some of the nonsense linked to on this thread ... I usually don't bother correcting some sites (they are almost always wrong), but ... The ISM employment index is a diffusion index. It is based on the number of companies hiring and firing each month. The high ISM employment index this morning means a large percentage of manufacturing companies were hiring in February ... it doesn't say anything about the current level of unemployment. Someone is confusing stock and flow ... Also ISM is a private organization and calling them a "US Department" is absurd.

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