Comments on: June’s ISM Non-Manufacturing Index: Ouch http://www.bizzyblog.com/2008/07/03/junes-ism-non-manufacturing-index/ The Business End of the Blogosphere Sun, 21 Mar 2010 04:23:49 -0700 http://wordpress.org/?v=2.8 hourly 1 By: TBlumer http://www.bizzyblog.com/2008/07/03/junes-ism-non-manufacturing-index/comment-page-1/#comment-123104 TBlumer Thu, 03 Jul 2008 17:15:53 +0000 http://www.bizzyblog.com/2008/07/03/junes-ism-non-manufacturing-index/#comment-123104 #1, they can also react more quickly than manufacturers. Unless the Bush cuts and/or the stimulus checks have more power than I believe they do, ISM manufacturing will go negative in July. #1, they can also react more quickly than manufacturers.

Unless the Bush cuts and/or the stimulus checks have more power than I believe they do, ISM manufacturing will go negative in July.

]]> By: dscott http://www.bizzyblog.com/2008/07/03/junes-ism-non-manufacturing-index/comment-page-1/#comment-123095 dscott Thu, 03 Jul 2008 15:02:56 +0000 http://www.bizzyblog.com/2008/07/03/junes-ism-non-manufacturing-index/#comment-123095 That makes sense given the service sector and retail is affected by the price of gasoline given how much cost of transportation immediately impacts the goods they receive and send. The gas price spike sent the economy initially down during both oil embargos, Gulf War I, and Iraq war. The Iranians are banking on this btw, that's why they threatened to close the Straights of Hormuz if attacked by the Israelis. They are counting on enough political pressure from the Dems to forestall the Israelis from stopping their nuclear ambitions. The Dems new meme will be world instability through use of force increased the price of oil not 30 years of our meddling incompetence. That makes sense given the service sector and retail is affected by the price of gasoline given how much cost of transportation immediately impacts the goods they receive and send. The gas price spike sent the economy initially down during both oil embargos, Gulf War I, and Iraq war.

The Iranians are banking on this btw, that’s why they threatened to close the Straights of Hormuz if attacked by the Israelis. They are counting on enough political pressure from the Dems to forestall the Israelis from stopping their nuclear ambitions. The Dems new meme will be world instability through use of force increased the price of oil not 30 years of our meddling incompetence.

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