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<p>[QUOTE=&quot;mikem2000, post: 2186206, member: 30574&quot;]Nothing that cynical at all.&nbsp; The articles are simple quoting and reporting from two different sources.&nbsp; The more upbeat one is using Moody Analytics and confiriming with ISM.&nbsp; The other article is quoting Markit. So are the the polling methods&nbsp; from the different sources not perfect, of course, but if you really dig into it, the articles are not that far off.</p><p>&nbsp;</p><p>Both article are in agreement that employment numbers are at multi-month highs. In the more downbeat article, while it is stating factory output is slowing, it only dropped form 54 to 53.6&nbsp; Not exactly the bottom falling out. Also the 53.6 number, even though it is down a bit down from Markits reported numbers in May, it is still indicating VERY strong factory expansion just as the Moodys and ISM numbers indicate. It is just a tick lower than the expansion reported in May. The number would need to be below 50 to indicate that factory output is actually shrinking.</p><p>&nbsp;</p><p>As I said, the polling methods are not perfect.</p><p>I hope that clears things up.[/QUOTE]</p><p><br /></p>

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