Free Markets, Free People
Economic Statistics for 3 Jan 12
Today’s economic statistical releases:
The ISM Manufacturing Index rose to 53.9 from last month’s 52.7, as manufacturing growth accelerated. This confirms the reports released last week from the various Fed regions, most of which showed manufacturing growth.
Construction spending has been volatile, but the latest month shows a monthly increase of 1.8%, and a year-over-year increase of 0.5%.