by Calculated Risk on 10/01/2008 10:23:00 AM
Wednesday, October 01, 2008
ISM manufacturing index plunges
From MarketWatch: U.S. Sept. ISM manufacturing index plunges to 43.5%
[M]anufacturers cut back production at a much faster pace than expected in September ... This is the lowest level since October 2001.It appears the economy slowed sharply in September.