2008-09-02 USER
Posted by WARREN MOSLER on 2nd September 2008
- ISM Manufacturing (Released 10:00 EST)
- ISM Prices Paid (Released 10:00 EST)
- ISM TABLE (Released 10:00 EST)
- Construction Spending MoM (Released 10:00 EST)
- Construction Spending YoY (Released 10;00 EST)
- Construction Spending TABLE 1 (Released 10:00 EST)
- Construction Spending TABLE 2 (Released 10:00 EST)
- ABC Consumer Confidence (Released 17:00 EST)
ISM Manufacturing (Aug)
| Survey | 50.0 |
| Actual | 49.9 |
| Prior | 50.0 |
| Revised | n/a |
Not bad; far from recession levels in a sector that will continue to decline as a percentage of GDP indefinately.
ISM Prices Paid (Aug)
| Survey | 82.0 |
| Actual | 77.0 |
| Prior | 88.5 |
| Revised | n/a |
Less than expected, but still very high. Indication that most companies still paying higher prices even as commodities declined.
ISM TABLE (Aug)
Construction Spending MoM (Jul)
| Survey | -0.4% |
| Actual | -0.6% |
| Prior | -0.4% |
| Revised | 0.3% |
Construction Spending YoY (Jul)
| Survey | n/a |
| Actual | -4.8% |
| Prior | -5.1% |
| Revised | n/a |
Still very weak, but smaller declines.
Construction Spending TABLE 1 (Jul)
Construction Spending TABLE 2 (Jul)
ABC Consumer Confidence (Aug 31)
| Survey | -49 |
| Actual | -47 |
| Prior | -50 |
| Revised | n/a |
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