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ISM Report: Economists Start to Fret About Q3 GDPBy Dave Kansas Economists crunching this morning's ISM Manufacturing Index for July aren't finding it very easy to smile. As one of the first major reports for the third quarter, the weak ISM has folks fretting about another quarter of sub-par GDP ... read more
US Stocks Slump, Erasing Rally After ISM-Manufacturing Report
The ISM report “confirms an outlook with real contraction characteristics. The budget assumptions may be simply too optimistic. The debt deal may not be enough. The economy is slowing. This is a real problem for any deal the way it is currently ... read more
Dollar, Euro Fall To Session Lows After Disappointing ISM
NEW YORK (Dow Jones)--The dollar and the euro plunged to session lows after another spate of weak US data fueled concerns about an anemic US economic recovery. Institute for Supply Management manufacturing ... read more
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