Skip to content

ISM Could Bode Well For Payrolls

Written by

MikeMcD82

The manufacturing ISM rose to 55.9 from 53.6 in November. Looking at the components the Prices Paid Index rose to 61.5 in December from 55.0, while New Orders jumped to 65.5 from 60.3 in November. But, the big story may be in the Employment Index, which climbed to 52.0 in December from 50.8. This result could bode well for payrolls on Friday, especially if confirmed by the non-manufacturing ISM’s employment index and the ADP employment report.

Previous article

Chinese Snow to Cause More Than Just Delays

Next article

HOGS Poised to Benefit from Rising Food Prices in China

Join the discussion

Leave a Reply

Your email address will not be published. Required fields are marked *