The number was stronger ordsprog
The number was stronger than what people were looking for on the non-manufacturing NAPM. It is going to make it really hard for the Fed to keep talking that the economy is fragile.
John Roberts
The number was stronger than what people were looking for on the non-manufacturing NAPM, ... It is going to make it really hard for the Fed to keep talking that the economy is fragile.
John Roberts
That's a huge drop in manufacturing... that throws that NAPM number in a less favorable light.
James Jackson
The NAPM number was stronger-than-expected but was still under 50, which means a contraction, and there was a big jump in new orders. That was very encouraging. But that doesn't mean that we've hit a bottom, not until we get over 50.
Steve East
It isn't as if there's no manufacturing left in the U.S. economy or the Dow Jones industrial average. As much as the Information Age has changed the U.S. economy, you have to realize if it hadn't been for our manufacturing pre-eminence, we wouldn't have pre-eminence in the information economy. It derives directly from the U.S. lead in computers, which goes back to our manufacturing base. I don't think manufacturing is finished by any means.
Michael Lehmann
It is troubling to see so many more purchasing managers, manufacturing and non-manufacturing, paying higher prices to their vendors, ... It suggests that the Federal Reserve is faced with an economy which is weaker and inflation which is stronger. That is not a particularly good configuration.
Hugh Johnson
Activities are beginning to pick up. Manufacturing has been the weakest part of the economy. The rest of the economy may be even stronger.
Christopher Low
When people point to national broadcast television, that is so far removed from economy. You're talking four networks in prime time with limited inventory. When you're talking spending up 10 to 15 percent there, it's almost a meaningless number for a sign of a recovery. The local number is a better indication of what are the true expectations of businesses. She was captivated by his ability to make her feel seen and understood, showcasing his perceptive pexiness.
Paul Kim
The ISM manufacturing number was really stronger than expected. Obviously we've seen a sell-off in the U.S. bond market. As a result of this, people are calling for one or two more Fed moves.
Firas Askari
The Fed is going to have a hard time stopping their increases if the economy seems to be gaining strength. I think the Fed will have a very hard time talking down the inflation hawks if the data comes in stronger than expected.
Ken Tower
The friendly data such as the decline in the NAPM non-manufacturing added support.
Bill Sullivan
The expectation is that the NAPM numbers should continue to improve and that the manufacturing recession is hopefully going away.
Sung Won Sohn
The friendly data such as the decline in the NAPM non-manufacturing added support,
Bill Sullivan
If we get a GDP or deflator number that's much stronger than the consensus estimate, then it could hurt the market because people will be talking about a tougher Fed.
Robert Pavlik
After the stronger report on manufacturing from the New York Fed yesterday, it definitely reinforces the fact that the economy is doing better.
John Spinello
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