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To: RetiredNow who wrote (114745)6/4/2012 3:49:15 PM
From: i-node  Respond to of 149317
 
>> And i-node, if you aren't convinced we are in deep shit,

I've never suggested anything of the sort. We are most definitely in deep shit but it is nothing that can't be solved with competent leadership.



To: RetiredNow who wrote (114745)6/5/2012 10:37:54 AM
From: tejek  Read Replies (1) | Respond to of 149317
 
NMI at 53.7%;

May Non-Manufacturing ISM Report On Business(R);Business Activity Index at 55.6%;New Orders Index at 55.5%;Employment Index at 50.8%


TEMPE, Ariz., Jun 05, 2012 (BUSINESS WIRE) -- Economic activity in the non-manufacturing sector grew in May for the 29th consecutive month, say the nation's purchasing and supply executives in the latest Non-Manufacturing ISM Report On Business(R).

The report was issued today by Anthony Nieves, C.P.M., CFPM, chair of the Institute for Supply Management(TM) Non-Manufacturing Business Survey Committee. "The NMI registered 53.7 percent in May, 0.2 percentage point higher than the 53.5 percent registered in April. This indicates continued growth this month at a slightly faster rate in the non-manufacturing sector.

The Non-Manufacturing Business Activity Index registered 55.6 percent, which is 1 percentage point higher than the 54.6 percent reported in April, reflecting growth for the 34th consecutive month. The New Orders Index increased by 2 percentage points to 55.5 percent, and the Employment Index decreased by 3.4 percentage points to 50.8 percent, indicating continued growth in employment at a slower rate. The Prices Index decreased 3.8 percentage points to 49.8 percent, indicating lower month-over-month prices for the first time since July 2009. According to the NMI, 13 non-manufacturing industries reported growth in May. The majority of the respondents' comments are positive and optimistic about business conditions and the direction of the economy."

read more.............

marketwatch.com