Last week the Institute of Supply Chain Management (ISM) released its Manufacturing report on business. It wasn't pretty, with a reading of 32.4% (see my previous article on how to interpret these index numbers), levels that haven't been seen since the mid 70's and early 80's.
So why dig into the report? Well, it only takes you 10 minutes to read it, and it reveals other bits of information that can help frame your perspective on the environment.
Source: David Tsao