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To: Jeff Jordan who wrote (229)9/4/2001 4:00:32 PM
From: Jeff Jordan  Respond to of 373
 
NAPM TALK .-""-.
/ _____)
{ __/ a\
{ _/ >
{ C = The NAPM jumped to 47.9 percent in August from 43.6 percent in July.
{!\_ _/ The index was expected to have increased to 43.9 percent.
____| |__ The production index is consistent with year-over-year
/ (\ |) \ in output of about 3 percent. It reflects companies'
| \ `\|`/| success in running down excess inventory.
| | \ \|
| | / /| Readings under 50 indicate the manufacturing sector is contracting.
| | || Meanwhile, the new orders index climbed to 53.1 percent from 46.3 percent
| | || and production jumped to 52.2 percent from 46.4 percent.
|__| ||
/ \__ |\ "These numbers are clearly and unambiguously consistent with
|\/U__|___|/ a near-term return to robust growth in manufacturing production. "
(_____) |
| |
|_______|
| | |
| ) )
| | |
| | |
| | |
(\/\/ ___Dana'97_ ||\_\_\__________________________________________


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