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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: Lee who wrote (29862)	12/1/1999 10:15:00 AM
From: Lee	Read Replies (1) \| Respond to of 50167

Economic Data for Wednesday, December 1, 1999 NAPM for Nov. = +56.2% Prices Paid = +65.3% napm.org Purchasing Managers' Index (PMI) at 56.2%, Growth in Production, New Orders, New Export Orders Improving, Prices Increasing NAPM's Price Index in November is 65.3 percent, a decrease of 4.1 percentage points from October. "There were no commodities reported on the Short Supply List. Commodities with reports of price increases were Aluminum; Caustic Soda; Copper; Corrugated Containers; Fuel Oil; Natural Gas; Nickel; Paper; Plastic; Plastic Resins; Polybags; Polyethylene; Polypropylene; Propylene; Resins; Solvents; Stainless Steel; Steel; Styrene; Wood Pulp; and Zinc. Sugar is the only commodity down in price," Ore stated. LEI for Oct. = unch. tcb-indicators.org The leading index held steady, the coincident index increased 0.6 percent, and the lagging index decreased 0.1 percent in October. Taken together, the three composite indexes and their components show a healthy economy: -The coincident indicators point to GDP rising in the 4th quarter of 1999. -The leading indicators have paused after strong growth early this year. -Cyclical imbalances and related economic instability problems should be monitored for future increases. Construction Spending for Oct. = unch. census.gov Construction put in place during October 1999 was estimated at a seasonally adjusted annual rate of $699.3 billion, nearly the same (+/-5 percent) as the revised September estimate of $697.4 billion, according to the U.S. Commerce Department's Census Bureau. The October figure represents a 4 (+/-5) percent increase over October 1998.