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10
DEC 09

More on lies, damn lies and bank surveys.




http://www.sharechat.co.nz/article/89d55ea4/nz-manufacturing-activity-climbs-to-highest-since-february-2008-pmi.html

 

I have said it before why does anyone listen to this stuff.  Without a measurement of sales feeling better today depends on how you felt yeterday.  Feeling better yes, but without grounding in real numbers it means next to nothing.


tags: manufacturing, pmi, surveys
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