Institute for Supply Management's September manufacturing index most likely will edge down to 54.0 signalling slowing economy still under mild expansion
Peter oberois
Oct. 1, 2006

Institute for Supply Management's September manufacturing index most likely will edge down to 54.0 signaling slowing economy still under mild expansion. Philadelphia Fed index showed last week that manufacturing in that region unexpectedly shrank. Chicago regional index showed an increase.

A correlation model taking into account of various regional manufacturing indices, the Supply Management's September manufacturing index will be down. Any number above 50 shows still expansion. According to some economists, the index will show the economy is cooling from any expectations of overheating and inflation outcome.

Institute for Supply Management's September manufacturing index most likely will edge down to 54.0 signalling slowing economy still under mild expansion
Peter oberois
A correlation model taking into account of various regional manufacturing indices, the Supply Management's September manufacturing index will be down.
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