The ISM’s August Manufacturing Survey, released on Friday, came in way better than economists’ expectations. Here’s the “What Respondents Are Saying” section of the release:
WHAT RESPONDENTS ARE SAYING …
“Steady demand across businesses.” (Chemical Products)
“Demand for light construction equipment continues strong; usually at this time of year, demand slackens.” (Machinery)
“Overall very steady; starting to pick up as expected.” (Computer & Electronic Products)
“Overall optimism about the market, both for 2017 and 2018.” (Miscellaneous Manufacturing)
“Business has strengthened over the summer, beyond [the] same period last year.” (Paper Products)
“Busy production month for August.” (Textile Mills)
“Sales remain strong month-to-month. (Transportation Equipment)
“Slightly higher order intake.” (Electrical Equipment, Appliances & Components)
“Order board is very strong right now. (Food, Beverage & Tobacco Products)
“Business is steady and strong. (Furniture & Related Products)