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THE ECONOMY.(TO THE POINT)
Construction data corrected
The Commerce Dept. reissued its latest construction spending report due to a processing error that affected data for June, May and April. Construction spending for June grew 0.3% to an annualized rate of $872.5 bil, rather than the unchanged level first reported Friday. May construction spending slid 0.2% vs. the earlier 0.5% decline. April spending fell 0.4%, not 0.8%.
** A WTO farm trade deal may not win congressional approval unless substantial progress is made in cutting or eliminating export subsidies and improving market access for farm goods, said Texas Rep. Charles Stenholm, the ranking Democrat on the House Agriculture Committee.
Interest margin bonds hit high
Standard & Poor's said the supply of the bonds, which are backed by the excess money collected on home equity loans, swelled to a record $1.54 bil in Q2. That's the third straight quarter issuance topped $1 bil.
** New York Sept. crude fell 47 cents to $31.84 a barrel on word repairs to an Iraqi pipeline, attacked last ...
- UPDATE 3-U.S. ISM index falls; now down for four straight months.
- News wire article from: The America's Intelligence Wire March 1, 2005 700+ words
...The closely tracked ISM index has slipped for four...Read full survey. The ISM index unexpectedly fell to...he said. Within the ISM index for Feburary, new...Commerce Department said construction spending rose 0.7 percent...
- ISM index expected to show moderating growth.
- News wire article from: The America's Intelligence Wire June 30, 2004 700+ words
...moderate expansion. The ISM index is scheduled to be...Lehman Bros. In the ISM index, any reading higher...Department and the May construction spending data from the Commerce Department. Construction spending is expected to rise...
- U.S. Sept ISM index rises to 59.4%.
- News wire article from: The America's Intelligence Wire October 3, 2005 700+ words
...Management reported Monday. The ISM index rose to 59.4% in September...MarketWatch.com expected the ISM index at 52.1 in September. See...7% in August. Separately, construction spending was reported up 0.4% in August...
- Market to Eye Employment Data, ISM Index.
- Magazine article from: The Bond Buyer Barnett, Chip January 2, 2002 700+ words
...mover. The newly christened ISM index is slated to be released this...ended Dec. 22. Also tomorrow, construction spending in November is due out. Economists...Economists polled by IFR expect the ISM index to fall to 49.0% from November...
- Monday's Market: Munis Weaken, Extending Losses, After ISM Index Beats...
- News wire article from: The America's Intelligence Wire August 2, 2005 700+ words
...expected Chicago Purchasing Managers Index released Friday, and it overshadowed an unexpected 0.3% decline in construction spending in June. James Glassman, senior U.S. economist at J.P. Morgan Securities Inc., said another strong...
- Factory Orders Rise As Hiring Weakens; Construction Down; Dec. ISM Index Up To...
- Magazine article from: Investor's Business Daily January 4, 2005 700+ words
...is certainly consistent with a continuation of pretty solid growth." Other data out Monday showed November construction spending fell 0.4% to an annualized $1.0133 trillion. It was the first drop in 10 months and the worst since February...
- ISM index provides hope for recovery. (Business Today).(Institute for Supply...
- Magazine article from: Home Textiles Today Hogsett, Don January 14, 2002 700+ words
...depth and extent of the recent slump in manufacturing, the ISM Index has remained beneath the waterline since August 2000, the...definitely in the right direction," said Ore. The monthly ISM Index is based on a canvass of purchasing executives at more than...
- ISM index expected to slow from very strong to just strong.
- News wire article from: The America's Intelligence Wire March 2, 2004 700+ words
...they are forecasting a decline in the index, economists are quick to point out that 63 percent is very strong. Even if the ISM index misses the expectations and comes in at, say 60 percent, it's not an indication that the economy is getting any weaker...
- ISM Index at Grows to 44.8 In June From 42.8 in May.(News In Brief)
- Magazine article from: The Bond Buyer July 2, 2009 700+ words
Byline: Yong Lim According to the Institute for Supply Management's monthly report on business, the ISM index gained to 44.8 in June from 42.8 in May. Economists polled by Thomson Reuters predicted the index would rise to 44.5. An...
- ISM Index at 50.2 in June From 49.6 in May.(News in Brief)
- Magazine article from: The Bond Buyer July 2, 2008 700+ words
...contraction, the Institute for Supply Management reported yesterday. According to the ISM's monthly report on business, the ISM index gained to 50.2 in June from 49.6 in May. Economists polled by IFR Markets predicted the index would slip to 48.7...