PMI was at 54.1% in January, up from a revised 53.1% in December. The employment index was at 54.3%, down from a revised 54.8%, and new orders index was at 57.6%, up from a revised 54.8%.
From the Institute for Supply Management: January 2012 Manufacturing ISM Report On Business®
And yet the ISM just came out for January and quoted an Expansion for the month LOL!
Mitt Romney, reporting from personal experience, said yesterday, "the very rich are doing just fine".
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