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Karim writes:

Modest improvement from all-time lows

Anecdotals quite weak:

  • “Difficulties with consumer and equity loans resulting from economic slowing.” (Finance & Insurance)
  • “Business is holding steady in the economic downturn.” (Information)
  • “Sales are okay. Credit from suppliers is becoming an issue even with a perfect payment history. Everyone is scared. Prices for most materials declining rapidly.” (Agriculture, Forestry, Fishing & Hunting)
  • “State budgets being reduced, corporate clients cancelling training, and clients not acting swiftly on proposals have brought down the backlog and lowered expectations.” (Professional, Scientific & Technical Services)
  • “Efforts continue to ramp up to control/reduce spending.” (Management of Companies & Support Services)
  • “There has been an overall decline in business. There have been some price decreases as well. Overall capital spend is significantly lower.” (Accommodation & Food Services)


Dec. 2008. Nov. 2008
Index 40.6 37.3
Prices Paid 36.0 36.6
New Orders 39.9 35.4
Employment 34.7 31.3
Export Orders 39.5 34.5
Imports 32.5 40.0