Friday, January 6, 2012

ISM Non-Manufacturing Report on Business: Dec + Index indicates slightly faster expansion in December

[mEDITate-OR:
assume that if "manufacturing" and housing will not save U.S.
the service economy will.
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While we did see a little bit of progress for the Christmas Season.
what we see this 1st Q will really tell U.S. the true story.
Don't hold your breath
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This was below the consensus forecast of 53.4% 
and indicates slightly faster expansion in December than in November.
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ISMNonManufacturing-010512.jpg
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ISM Non-Manufacturing Report on Business: December 2011
http://paper-money.blogspot.com/2012/01/ism-non-manufacturing-report-on.html
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ISM Non-Manufacturing Index indicates slightly faster expansion in December
http://www.calculatedriskblog.com/2012/01/ism-non-manufacturing-index-indicates.html
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