And Amherst Pierpont's Stephen........>

US DATA REACT: And Amherst Pierpont's Stephen Stanley said on today's non-mfrg

ISM that the "business activity (production) and new orders components both

increased by several points, easily exceeding the 60 mark. Employment was not

quite as strong, "only" rising by half a point to 56.8. As noted above, the

bigger moves came in supply chain variables. The supplier deliveries measure

surged from 50.5 to 58.0, the highest reading since 2005 (i.e. in the aftermath

of Hurricane Katrina). Meanwhile, backlogs rose and the inventories gauge

declined to 51.5, a 6-month low. Finally, the prices index jumped by over 8

points to 66.3, the highest reading since February 2012."

- He adds that "we are now three for three this week, in terms of indicators for

September reaching a more than 10-year high. The ISM manufacturing gauge reached

its best level since 2004, while unit auto sales and the ISM non-manufacturing

index both jumped to the highest levels since 2005."