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In its semiannual forecasts, the Institute for Supply Management (ISM) always does an excellent job of laying out its estimates in terms of what to expect for things like capital expenditures, production, prices, and utilization rates, among other metrics for the manufacturing and non-manufacturing sectors. One component of the report, which does not always get a ton of attention, are the “special questions” included at the end, which are always interesting and relevant while helping to provide some perspective, too. ISM Report on Manufacturing

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