The ISM manufacturing index can be a warning for the rest of the economy. In 2008, the index was one of the first signs that the economy was slowing. Since then, the numbers have been recovering and manufacturers have been expanding. But this June, the number started to get worse.
We asked the No BS! Brass Band to turn these numbers into a song.
A Brass Band Plays An Economic Indicator
Note: This story aired this morning, just before the latest ISM manufacturing report. The report found that manufacturing expanded in September after a summer slump.
Related: U.S. Home Prices, Sung As Opera