Hi Mohan,..Re:<<Eco reports du jour>>
Mohan, looks like the general economy is still pretty healthy but the manufacturing sector (about 15% of total GDP) is still suffering unfortunately. Can't get into Briefing.com eco reports anymore but had bookmarks to most sources anyway. Only one I couldn't get was construction spending and the rotten DOC wants $2 for the report. I thought that's why we paid our taxes so that they would provide data for us! LOL! On demand too. The other government sites do not charge for monthly/daily eco reports. CNBC reporting it now - up 0.3% for construction spending = 5th straight monthly increase.
napm.org
MANUFACTURING CONTINUES TO SLOW IN NOVEMBER SAY PURCHASING
EXECUTIVES IN LATEST MANUFACTURING NAPM REPORT ON BUSINESS®
Purchasing Managers' Index (PMI) at 46.8%, Production, New Orders, Employment, Prices, and Imports Decline
"The overall picture in November is one of faster decline in manufacturing activity," added Ore. "Imports joined Production and New Orders in the decline, prompting concerns with regard to demand for products from the manufacturing sector. Commodities appear to be in ample supply as once again the short supply list is vacant."
conference-board.org
The leading index increased 0.1 percent, the coincident index increased 0.1 percent, and the lagging index decreased 0.1 percent in October. Taken together, the three composite indexes and their components show a healthy economy:
Regards,
Lee |
