FYI: According to the most recent release of the ISM Manufacturing PMI report, August was not just a good month, it was great! While economists were expecting a modest downtick in the headline index, the actual reading saw a pretty sharp uptick, rising to 61.3, which was the highest reading since May 2004. With consensus expectations at 57.6, the last time an ISM Manufacturing report exceeded forecasts by a wider margin was in August 2001!
Regards,
Ted
https://www.bespokepremium.com/think-big-blog/ism-manufacturing-blowout/
