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Re: mainehiker post# 61069

Friday, 01/03/2003 9:06:35 AM

Friday, January 03, 2003 9:06:35 AM

Post# of 704019
The ISM number may have been good, but a deeper read into the report suggests it wasn't that good after all.

It seems that more orders were placed early as the purchasers knew they would be away from their desks and unable to place orders on holiday days later in December and early in January. Order backlog continued to decline.

Could be setting up for a nasty number in a month's time.

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