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Strategies & Market Trends : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?


To: stomper who wrote (10951)11/1/2002 10:09:29 AM
From: Jorj X Mckie  Read Replies (2) | Respond to of 57110
 
by your comments, you will love briefing's next blurb. Really, I am not making this up....

10:05 ET ISM translations to GDP
According to the ISM, the 48.5% October reading is consistent with GDP growth of 2.1%; the 52.5% average for 2002 is consistent with 3.6% growth. Though 50% is often referred to as "breakeven", that hasn't actually coincided with breakeven in any official government stats in the past.