ISM Prices (May 2008)
As a follow up to ISM the other day, I wanted to pass along this chart, showing stagnant growth, but a big spike in prices paid:
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I like Steve Pearlstein of the Washington Post...he writes that the mirage economy is fading...this chart lends credence, along with the drill down on durable goods and just about every other trumped up number we get now.
Posted by: Steve Barry | Jun 5, 2008 10:03:38 AM
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