Global Manufacturing Collapse

I haven’t had a chance to comment on the ISM data, but a few charts are just about as much info as you need. Remember, 50 is the dividing line between expansion and contraction:

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December ISM Index

via Barron’s Econoday

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via WSJ

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Source:
Manufacturing Tumbles Globally
KELLY EVANS and ROBERT GUY MATTHEWS
WSJ, JANUARY 3, 2009
http://online.wsj.com/article/SB123094144619950373.html

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