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Monday, November 03, 2008

ISM Factory Index Lowest Since 1982

by Calculated Risk on 11/03/2008 10:16:00 AM

From MarketWatch: U.S. ISM factory index plunges again in October

The Institute for Supply Management reported Monday [that the] ISM index fell to 38.9% in October from 43.5% in September. This is the lowest level since September 1982.
Ouch.

Posted by Calculated Risk on 11/03/2008 10:16:00 AM