ISM/Fed
June 01, 2009 at 13:54 PM EDT
[Skip to the end] Karim writes: Overall, manufacturing still contracting, but at a slower rate. Rebound in orders likely due to credit supply not being as sharp a constraint as it was in Q4 and inventory drawdown. Increase in backlogs suggests production may actually stop contracting in next couple of months. But with employment basically unchanged, [...]
