Economic Research For Investors

ISM still suggests strong US growth

Albeit down, the Manufacturing ISM still points toward a strong GDP growth for the US on the short term.

With 60.4 points in April, the Manufacturing ISM suggests that the GDP growth should be strong in the close future (see chart): in a 2.5% to 3% range.

We will wait the release of the Non-Manuf ISM this Wednesday for more precisions, but it is already clear that surveys are more upbeats than hard data for the US economy on the short run.

GECODIA Team

Monday, May 2nd 2011

Tags : industry, ISM, Manufacturing ISM, PMI, US, USA, USA growth rate

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CB	0.25%	1.50%	6.56%	0.1%	0.5%	1%	0.25%	12.25%
GDP	2.3%	2.5%	9.8%	2.5%	1.8%	2.9%	2.4%	4.2%
Price	3.6%	2.7%	5.5%	0.3%	4.5%	3.3%	0.3%	6.1%
UR	9.2%	9.9%	-	4.7%	7.7%	7.4%	3.0%	6.0%

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