Buyersmeetpoint

The ISM-New York Report on Business is released on the second business day of each month at 9:45am ET. The Report, which was first run in 1917, is a highly regarded indicator of business conditions in the New York Metro area including a six-month outlook, employment index, and current and expected revenues.  The October report, which can be downloaded here, allows us to make the following observations: For the most part, the survey responses indicated a holding pattern - perhaps in anticipation of the Presidential election next weekAfter September's eight-year low, Employment came in at 50.6 in October - listen to the podcast audio for what this really meansCurrent Business Conditions came in at 49.2 in October, continuing to hover just below the break even point of 50.0 for the third month in a row.