Monday, October 02, 2006

Quick Overview

  • The Institute for Supply Management said Monday its manufacturing index fell to 52.9 in September, its lowest level since last May.

  • Construction spending rose 0.3% in August, the Commerce Department said Monday

  • The Bank of Japan's Tankan business survey increased from 21 to 24 stronger than expected, putting the Japanese economy back in a more positive light and increasing the chances for another BOJ rate hike before year-end.

  • The People's Bank of China expects the economy to grow 10.5% this year.

No comments: