ISM Manufacturing & Construction Spending Collapse To 6-Month Lows

by Tyler Durden
ZeroHedge.com
01/02/2015

Not decoupling-er. Completing this morning’s triple whammy of ugliness, US construction spending in December dropped 0.3% (against expectations of a 0.4% rise) – the biggest monthly drop since June. On the back of a crash in new orders from 66.0 to 57.3 (and prices paid plunging to 30 month lows), ISM Manufacturing also tumbled from 58.7 to 55.5 – its lowest since June (missing expectations by the most since January). Unable to find a silver lining, ISM’s Holcomb proclaimed “comments are a ‘bit mixed'”.

The Rest…HERE

This entry was posted on Friday, January 2nd, 2015 at 11:20 am and is filed under Economics, Government Evil, New World Order. You can follow any responses to this entry through the RSS 2.0 feed.