Stock Market & Economic Analysis - Unbiased, Objective, and Slightly Rebellious

May
01

Construction Spending and April ISM Manufacturing

By Chuck
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March Construction Spending:  -1.1% v prior -0.3% (prior revised to +0.4%)

April ISM Manufacturing Composite: 48.6 v prior 48.6
- Prices paid:  84.5 v 83.5 prior

Spending is down, prices are up.  We are not surprised.

1 Comments

1

And yet HD and XHB are up at the moment. The insanity rolls on.

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