Swiss Economicblogs.org
Solid manufacturing and non-manufacturing numbers plus strong consumer spending mean we expect 2.5% GDP growth in the US in Q3 Although the ISM Manufacturing index in the US dropped back a little to 52.6 in July, it remained well above the low levels recorded at the turn of the year. The Non-manufacturing index moved back down as well but remained at relatively healthy levels.The rebound in the ISM Manufacturing index over the past few months is both encouraging and a bit surprising. The...
Read More »July ISM numbers show U.S. business activity remains strong
