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ISM Manufacturing and Construction Spending Drop, Prices Paid Higher

ISM Manufacturing:  Survey: 54.8   Actual: 52.4   Prior: 54.1

Feb vs Jan 12′ Breakdown
Production: 55.3 vs 55.7
New Orders: 54.9 vs 57.6
Employment: 53.2 vs 54.3 
Inventories: 49.5 vs 49.5
Prices:  61.5 vs 55.5
Order Backlogs: 52.0  vs 52.5

ISM Prices Paid:  Survey: 58.0   Actual: 61.5   Prior: 55.5

Construction Spending: Survey: 1.0%   Actual: -0.1%  Prior:  1.5%   Revised: 1.4%

 

USD/JPY moves to the downside a bit.