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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Jim McMannis who wrote (265876)	8/2/2010 4:31:10 PM
From: tejek	Read Replies (1) \| Respond to of 306849

I think employment is getting ready to pop. "The ISM's Employment Index, which measures growth in manufacturing employment, registered 58.6 percent in July, up 0.8 percent from June, and marked the eighth consecutive month of expansion. An Employment Index above 49.8 percent, over time, is generally consistent with an increase in the Bureau of Labor Statistics' data on manufacturing employment, the ISM said. "If employment can start to improve, consumer spending will do better, and that'll get the whole economy going again," said Michael Moran, chief economist at New York-based Daiwa Capital Markets America Inc. voices.washingtonpost.com