2009-01-02 USER


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ISM Manufacturing (Dec)

Survey 35.4
Actual 32.4
Prior 36.2
Revised n/a

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ISM Prices Paid (Dec)

Survey 20.0
Actual 18.0
Prior 25.5
Revised n/a

 
Karim writes:

  • Weaker than expected across the board. Prices paid and production data imply further sharp falls in CPI and GDP in period ahead.
  • Export orders data and anecdotals on Europe and Asia imply the same for rest of G3.

Pretty much sums up what happened in December in general.


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