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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club -- Ignore unavailable to you. Want to Upgrade?

To: marc ultra who wrote (8279)	8/31/1999 12:43:00 PM
From: Wally Mastroly	Read Replies (1) \| Respond to of 15132

Marc/all, Re: ..release of NAPM data..-Bloomberg Summary: bloomberg.com An excerpt on prices paid inflation component: The index of prices paid, meanwhile, rose to 59.8 in August from 54.7 during July, indicating more companies reported price increases during the month. The August level was the highest since it was 64.7 in June 1994 and probably reflected an increase in world petroleum prices. ''We see continued strengthening in commodity prices with pricing power apparently equal to mid-1995,'' said Norbert Ore, NAPM chairman and purchaser for Chesapeake Corp. ''The list of commodities up in price expanded significantly this month, when compared to last month.'' - Edit/addon: and from USATODAY: usatoday.com Excerpt: Manufacturing is being driven by a rebound in overseas economies and continued strength in the domestic economy. The U.S. economy is being underpinned by consumer spending that's staying robust. Consumer spending rose at a 4.6% annual rate in the second quarter after rising at a 6.7% clip in the first three months of this year. That was the strongest quarterly rate of spending in 11 years. Wally