Corrected ISM manufacturing report for May 2014

U.S. Institute of Supply Management Admits to Data Measurement Boo Boo

June 2, 2014

As I do early each month at 14:00 GMT after the ISM reports its survey manufacturing purchasing managers, Currency Thoughts posted a table comparing that index to the euro area manufacturing PMI, which is derived by Markit Economics.  Subsequently this morning and not once but twice, the ISM revised its figure because of initial errors […] More