ISM Manufacturing – Contraction Zone (Chart)
From The Disciplined Investor
December 3, 2012 - 10:18am
The latest reading of the ISM Manufacturing was especially weak. Not only did it miss analysts estimates, but also came under the important 50 level. The 50 mark is the demarcation pint between expansion and contraction. basically, when we see a level under this is shows that there is slack demand for manufactured goods. (This [...]
December 3, 2012 - 10:18am
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