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Opinions and views from expert CFOZone members.

Tag >> ISM
Aug 31

Pessimism Continues to Grip Executive Suites, Wall Street

Posted by Stephen Taub in RiskISMEconomist Intelligence UnitCashBNY MellonADP

Stephen Taub

The doom and gloomers are growing in numbers.

On a day when the ADP employment report for May showed slower job growth than expected and the ISM Manufacturing Index plummeted in May, at least two new reports were released indicating the business community and investors are becoming increasingly nervous about the future.

May 03

Several signs of job growth recovery

Posted by Stephen Taub in Monster WorldwidejobsISMemploymentCareers/Management

Stephen Taub

Most eyes will be on the monthly employment numbers when they are reported on Friday. Especially on the heels of last month's report, which showed the economy adding 162,000 jobs in March, the largest increase in three years.

Afterall, a growing number of economic indicators point to a recovering economy. Yet, most experts agree we cannot declare a full-fledged recovery until the unemployment rate falls significantly from its current level of nearly 10 percent.

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