Pennsylvania Trust

ISM Report Isn’t All Bad

ISM Report Isn’t All Bad

While today’s disappointing ISM report will likely increase concerns over the health of the US economy, the current reading is consistent with above-trend GDP growth of ~2.5% annualized.

 


Disclosure: This Commentary represents a review of topics of possible interest to Pennsylvania Trust’s clients and is not personalized investment advice. It contains Pennsylvania Trust’s opinions, which may change following the date of publication. Information obtained from third-party sources is assumed to be reliable but is not guaranteed. No outcome – including performance – is guaranteed, due to various uncertainties and risks. This document is not a recommendation of any particular investment. Investment decisions for clients are made on an individualized basis and may be different from what is expressed here. Past performance is no guarantee of future results.