Posts Tagged ‘ISM’

  • 16167_2.2_000010554668XSmall

    When is 60 a Good Grade?

    Feb 2, 11 • 86 Views • Developing Economies, Economic Thinkers, International Trade and Finance, Labor, Macroeconomic Measurement, Thinking Economically1 Comment

    At 60.8 percent, the Institute for Supply Management’s (ISM) measure of manufacturing activity was way up, far more than anyone expected. Reflecting expansion, any number above 50 is good. So robust a number takes us to a question. If production is...