It's not so bad really says the ISM after poor report
- Indexes are still fairly high
- There is a cooling off in growth
- Non-mfg is seeing a shortage if labour
- Jump in prices is due to fuel prices
- Services still holding at good levels
- Not concerned about 1 month slowdown
- Drop in backlogs not a concern
- Tough getting skilled and contract workers
It never rains at the ISM
