CRASH_GURU
31.08.2004, 15:50 |
NY NAPM: kleine Sommerdelle oder neuer Trend? Thread gesperrt |
-->However, separate measures of manufacturing and non-manufacturing both slowed. The services index fell back to 59.1 in August, reversing most of July's jump to 74.1.
The manufacturing index pulled back to 61.2 from 64.8 in July. Manufacturing accounts for only 10 percent of overall business activity in New York, but this index is comparable to the more influential Institute for Supply Management survey of nationwide manufacturing. The ISM survey is due on Wednesday.
The NY NAPM noted that reports during the summer can be more volatile than at other times, owing to a typically lower response rate and wide seasonal variations related to vacations.
Respondents also grew more cautious on the longer-term outlook for the NY economy. The business outlook index lapsed back to 60.0 in August, so completely wiping out July's climb to 78.5.
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McShorty
31.08.2004, 16:35
@ CRASH_GURU
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Consumer Confidence dropped sharply in August |
-->Hallo,
dazu Consumer Confidence anscheinend im gleichen Trend, zumindest für August.
Gruß,
McShorty
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Consumer confidence dropped sharply in August, hurt by a new and lower assessment of the jobs market.
The Conference Board's consumer confidence index fell to 98.2, down from 105.7 in July and compared with expectations for 103.0.
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