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To: Mohan Marette who wrote (121805)	5/3/1999 10:18:00 AM
From: Lee	Read Replies (1) \| Respond to of 176387

Hey Mo,.>Re:. Say Lee it is 10 am where is the NAPM??? Nothing but good news here for you.<g> Personal Income for March = +0.4% Consumption (spending) = +0.4% bea.doc.gov NAPM for April = 52.8% napm.org Purchasing Managers' Index (PMI) at 52.8%, Growth in Production, New Orders, New Export Orders "The overall picture is one of continuing growth in manufacturing activity during the month of April," added Ore. "Production and New Orders remain quite positive and provide an indication that the manufacturing sector is gaining strength as we move toward the middle of 1999. Employment decline has slowed as the growth in the sector gains momentum. Commodity prices are declining at a slower rate, but only a few commodities appear on the up in price list." NAPM's Price Index attained its highest level since December 1997, but still failed to indicate higher prices overall. NAPM's Price Index gained 6.7 percentage points to 49.9 percent, up from 43.2 percent in March. NAPM's New Export Orders Index for April continued positive for the third consecutive month following fourteen months of decline (an index exceeding 50 percent) with an index of 51.6 percent Construction Spending for March = +0.5% census.gov Happy Days are here to stay?<vbg> Lee