April ISM Manufacturing Index At Highest Level Since June 2004

May 3, 2010 at 8:04 am  ·  Category: Macro Economics, Market Commentary

Blowout April ISM Manufacturing Report coming in at 60.4 – the highest level since June 2004.  New orders were particularly strong at 65.7. 

This is in line with a bunch of other data points showing a surging recovery.  See, for example, Buffett’s comments on the eve of the Berkshire shareholder meeting, strong 1st quarter earnings and March Retailer Same Store Sales.

Posted by Greg Feirman  ·  Trackback URL  ·  Link