The ISM manufacturing report accurately called the upswing in employment – more to come. . .

The ISM survey of manufacturers reported Friday that its Employment Index remained near the highest in 38 years.  Friday’s reading of 63, following the reading of 64 in early March, is only the 2nd time since 1973 that the index has been as high.  Peak readings in the Employment Index correlate well with rising New Orders and, obviously, rising employment.  The March reading accurately forecasted the strong employment numbers reported Friday, April 1.  All of these metrics tend to coincide with above average economic growth and rising equity markets.   Jeb Terry, Sr. Apr. 4, 2011

Source: Institute for Supply Management, Aberdeen Investment Management

Aberdeen Investment Management – a guide service for micro-cap technology investment

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