FYI: The ISM Manufacturing report for the month of February came in with another strong report, rising to 57.7 from last month’s reading of 56.0 and expectations for a reading of 56.2. This month’s reading was the highest since August 2014 and was the sixth better than expected report in a row. That’s the longest stretch of better than expected reports since the seven-month run from June through December of 2013. Before getting into the details of the report, we first wanted to highlight what the respondents were saying. We can’t remember a report where they sounded this bullish.
Regards,
Ted
https://www.bespokepremium.com/think-big-blog/two-and-a-half-year-high-for-ism-manufacturing/
