Photo: Flickr / electro8
ORIGINAL POST: It’s been a whirlwind 24 hours in the global economy, as most of the big economies have come out with their March PMI numbers.You can see a full roundup here.
That ends with today at 10:00 AM with the release of the ISM Manufacturing report. It’s a crucial gauge of this key sector, and will help clarify the momentum/direction of the US economy.
Analysts expect the number to come in at 53.0 vs. 52.4 last month.
We’ll have it here LIVE.
The number is fine at 53.4.
The prices paid index came in nice at 61.0, dropping from 61.5, so in addition to a nice headline jump, there are signs of easing prices.
Here’s the full table of results. Note the really nice jump in employment.
More to come…