January ISM Manufacturing Slight Miss

• February 3, 2017
• realestate
• Business & Markets, Real Estate Finance

January ISM Non-Manufacturing PMI 56.5 vs. estimate of 57.0. December Factory Orders 1.3% vs. estimates of 1.0%. A slight miss in the ISM but a reading above 56 for 2/3 of our economy is very strong, a slight negative for pricing.