The Mudcat Café TM
Thread #115883   Message #2803053
Posted By: Amos
04-Jan-10 - 11:57 AM
Thread Name: BS: Popular Views: the Obama Administration
Subject: RE: BS: Popular Views: the Obama Administration
In reference to my prediction on 3 December 08 (one year and a bit ago):

"Monday, January 4, 2010; 11:11 AM

WASHINGTON -- An unexpectedly strong report on manufacturing activity Monday bolstered confidence that the nation's factories will help sustain an economic recovery.

The Institute for Supply Management, a trade group of purchasing executives, said its manufacturing index read 55.9 in December after 53.6 in November. A reading above 50 indicates growth.

That is the fifth straight month of expansion and the highest reading for the index since April 2006. Analysts polled by Thomson Reuters had expected a reading of 54.3. "