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Wednesday
Jul012009

ISM: Getting Better and Not as Far From Good

DateWednesday, July 1, 2009 at 07:21AM

As highlighted in an earlier post, the ADP Employment report has shown improvement for four straight months, but it is still far below levels that we saw prior to the Lehman bankruptcy.  This morning's ISM report, however, tells a different story.  June's level of 44.8 is the sixth straight month over month increase, as well as the highest monthly reading since the Lehman bankruptcy in September 2008.  Now, if only the stock market would follow suit.


ISM Report070109 


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