Greetings everyone to another new installment in the Manufacturing series. Now this was intended to be released yesterday, but some emergency family issues came up that needed to be resolved (this seems to be happening a lot to me on these days lately!). So, please accept my apologies on the delay. Saying that, though there is a silver lining, I'm going to go ahead and basically give you a more "fresher" version of what was planned for yesterday (I normally write these up on Saturday and Sunday). So without further adieu....

The Numbers

Yesterday we got the latest ISM Manufacturing Survey Index figures for the month of January. The patient is recovering, but is still in critical condition!

It's the start of the new calendar year, the start of a new Presidential administration (well on the 20th actually), and of course the start of the first business quarter. We got in some disturbing, ok that's putting it mildly, some crappy manufacturing news from the gang at ISM. The steel industry, in hopes of restoring some business, initiates a new campaign. Arizona & Michigan are starting a green jobs plans. All this, but first...

The Numbers!

This week's Numbers section actually will also be one our leader story. The latest from the Institute of Supply Management's Manufacturing Survey came in at below what folks were figuring. Now to those new to all this, the ISM Manufacturing Survey is a study of 300 manufacturing firms; the numbers are registered as an index, anything above 50 means expansion in manufacturing, below 50 the opposite.

Happy Holidays everyone!  Sorry I haven't blogged in a bit, but I've been extremely ill and well the holiday-related madness.  Anyways, if it pleases the court, I'd like to talk about the latter.  Yes, despite several outpatient surgeries and other things I tried to trudge through that oh-so-Christmas event known as shopping.  Ok, I only went out three times, but that was enough for me.  Frankly, I am beginning to believe they should change the name of Christmas to Consumermas.  There was nothing I could find meriting all the hassle at the stores.  Especially didn't feel like contributing more funds to China in the form of some plastic trinket.  Seriously, is this what the holidays are all about now?

Damn, talk about a pretty intense week! The auto sector looks like it just...just might get saved. Still, it looks as if the issue of over capacity is being looked on, which means job cuts. Sadly, that seems to be the theme of this week's manufacturing update. Well actually there is something on health care...think of it as "nyceve lite". They say it gets darkest before the light, well this must be a long tunnel then. ISM is saying that '09 will suck as bad as 2008. Well before I dispense with the unfortunates, it's time for the Numbers!

The Numbers