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More Good News: ISM Manufacturing Hits Three Year High
FYI: Today's release of the ISM Manufacturing report for August showed a nice pick up for the manufacturing sector in the month of August. While economists were expecting a level of 57.0, the actual reading came in at 59.0. This was up from 57.1 in July and was the highest level since March 2011. For some perspective on August's reading, there have only been 20 months in the last 30 years where the headline reading has been above its current level. Regards, Ted http://www.bespokeinvest.com/thinkbig/2014/9/2/ism-manufacturing-hits-a-three-year-high.html?printerFriendly=true