Economic Analysis- ISM Mfg Index
Airtime: Tues. Jun. 1 2010 | 10:02 AM ET
The ISM Manufacturing Index slipped to 59.7 in May from 60.4 in April, and construction spending jumped 2.7% in April. CNBC’s Steve Liesman parses the data.
Airtime: Tues. Jun. 1 2010 | 10:02 AM ET
The ISM Manufacturing Index slipped to 59.7 in May from 60.4 in April, and construction spending jumped 2.7% in April. CNBC’s Steve Liesman parses the data.
Which is the bigger threat? Vince Reinhart, former director at the FOMC; Jim Lacamp, of Macroportfolio Advisors; Jim Iuorio, of TJM Institutional Services; Lee Munson, of Portfolio Asset Mgmt.; and the CNBC news team discuss.
Construction of new homes rose more than expected in April, but new building permits fell sharply. CNBC’s Diana Olick parses the data.
President Obama names Solicitor General Elena Kagan to the Supreme Court of the United States.
Roach: US Jobless Rate Actually Stands at 11.5%.Official data showed U.S. jobless rate in February remain unchanged at 9.7% but Stephen Roach, Asia chairman at Morgan Stanley, believes the real number actually stands at 11.5%. He explains why this discrepancy, with CNBC’s Martin Soong, Karen Tso & Sri Jegarajah.
Ford shares are up more than 150 percent in the past year, recently touching a six-year high. CNBC’s Phil LeBeau discusses this and the road ahead for Ford with CEO Alan Mulally.
Concluding market insight, with Ian Bremmer, Eurasia Group and Nouriel Roubini, Roubini Global Economics and NYU Stern School of Business.