ISM’s Report on Business (RoB) blisters upward, but…
My former residence within the real economy was right here, in the manufacturing base. I don’t miss it even one little bit, but were I still involved we’d be booming and bitching. Business would be very good and prices and supply constraints very aggravating. The way things went in my segment – Medical Equipment, often pressured by Medicare constraints and general competition – I’d be getting hit over the head by customers about maintaining low prices while facing immovable obstacles in the form of supplier prices and extended deliveries. Now I write for a living. It’s a no-brainer I guess.
That digression aside, let’s look at the RoB. Here is the headline. You can click the graphic to grab the entire report (pdf).
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