April ISM Manufacturing Index At Highest Level Since June 2004
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.