Karim writes:
Details firm-especially new orders and employment (highest level since Oct 2007)
| Nov | Oct | |
| Composite | 55.0 | 54.3 |
| Prices Paid | 63.2 | 68.3 |
| New Orders | 57.7 | 56.7 |
| Employment | 52.7 | 50.9 |
| Export orders | 59.5 | 55.5 |
| Imports | 54.5 | 54.0 |
- “Business remains steady; outlook for fourth quarter is good.” (Information)
- “Trending favorable — see more activity toward additional staff and capital expenditures for 2011.” (Finance & Insurance)
- “Business is stable. Customers are exerting a lot of pressure to lower prices.” (Agriculture, Forestry, Fishing & Hunting)
- “Slight uptick in orders, but nothing to indicate sustainability.” (Professional, Scientific & Technical Services)
- “This business cycle is cause for continued caution for the foreseeable future. We would like to see some settling of unemployment, retail and home sales — none of which appear to be either forthcoming or predictable. We anticipate continued uncertainty and retrenchment.” (Retail Trade)