Jump to content

Sign in to follow this  
News Feeds

ISM New York Collapses To 7-Year Lows

Recommended Posts

ISM New York's purchasing managers survey collapsed in May from 57.00 to 37.2 - the lowest since April 2009. The bloodbath is the biggest monthly drop since May 2007. While 'hope' rose rather stunningly from 56.0 to 68.0 - the highest in years, current employment and 'quantity of purchases' both plunged to cycle lows.

 

So much for that April bounce!

 

20160602_ism_0.jpg

 

Note we have adjusted the chart by centring ISM NY 50 print at 0 which separates expansion from contraction.

 

Transitory?

 

20160602_ism.jpg?1464875637

bW2wezHxkxM

 

Continue reading...

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
Sign in to follow this  

×

Important Information

Your Privacy Is Important To Us Learn More: Privacy Policy