April ISM manufacturing index 54.8 vs 56.5 expected

Results of the April ISM manufacturing survey

• Prior was 57.2


• Prices paid 68.5 vs 67.7 expected


• Prior prices paid was 70.5


• Employment 52.0 vs 56.0 prior


• New orders 57.5 vs 64.5

It"s a miss but it"s really just taken some of the steam out of the election rally. Then again, that could be telling. There"s a sense of disappointment setting into Trump trades and rather than the real economy catching up to the sentiment surveys, the surveys are falling back.

April ISM manufacturing index 54.8 vs 56.5 expected
April ISM manufacturing index 54.8 vs 56.5 expected
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