March ISM’s Manufacturing Index numbers are in and it’s looking better for our economy, as Goldman predicted. 59.6 was the number, the highest since July of 2004. Here’s the breakdown:
- New Orders Index: 61.5 v 59.5 prior
- Production index: 61.1 v 58.4 prior
- Employment Index: 55.1 v 56.1 prior
- Inventories index: 55.3 v 47.3 prior
Spread (new orders to inventories): 6.2 v 12.2 prior. The full press release can be found here.
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