Relevant and even prescient commentary on news, politics and the economy.

Economically weighted ISM averages continued slow deceleration in April despite rebound in Services

– by New Deal democrat Because manufacturing is much less important to the economy than in the decades before the Millennium, the economically weighted average of the ISM services index (75%) as well as manufacturing (25%), especially over a three month period, has been much more accurate since 2000. In April the important aspects of the […]