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Tuesday, April 01, 2014

Viable Opposition: What Is America's Manufacturing Sector Telling Us?

Viable Opposition: What Is America's Manufacturing Sector Telling Us?


While the market focuses on the ISM Manufacturing monthly data, the Insittute for Supply Management also tracks another interesting statistic that is less followed by the mainstream media  that provides business sentiment about the expected direction of price changes in the economy.

From FRED, here is a graph showing the ISM Manufacturing Prices Index from 1980 to the present:
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