Looking for expansion in manufacturing

September 1, 2009

The Institute for Supply Management will release its latest survey on manufacturing at 10am, and all eyes will be on the headline index which should finally break through 50 – the break even mark between expansion contraction.

Moody’s economist John Lonski is looking for 50.7, which would be the best showing since January 2008 and further sign that the bad old days of the post-Lehman tailspin are behind the us.

You can find the release here at 10am.

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