- Prior 57.1
- Prices paid 58.0 vs 58.0 exp. Prior 59.5
- Employment 58.1 vs 58.4 exp. Prior 58.2
- New orders 66.7 vs 63.4 prior
That’s enough to send USD/JPY through 105 to 105.05
New orders take a nice jump to the highest since April 2004. No worries over prices and a slight slip in employment is certainly nothing to worry about.
ISM manufacturing PMI details 02 09 2014
Exports grow also and inventories have moved back into expansion in a sign of confidence in business moving forward.
Overall respondents are happy with one saying “Business is solid…Awesome!”
ISM manufacturing PMI respondents 02 09 2014
ISM manufacturing PMI chart 02 09 2014
A decent report which matches the current economic data trend we’ve been seeing. The full report is here.