|One of the most valuable economic data releases has been the National Association of Purchasing Managers report. We have gleaned some very useful information from it for the last two years, that has allowed us to stay ahead of the street. This is something everyone has access to and is a handy tool to have in your investment toolbox.|
From our weekly Growth Stock Journal 11/5/01:
"Lastly, Friday we get the Producer Price Index for October, economists are expecting the number to be down, with the prices paid component of the NAPM being down sharply I wouldn't be surprised to see a down PPI".