How to Read the Data: ISM Manufacturing Orders vs Inventory

So far in this series, we’ve looked at the ISM Employment Index and the ISM New Orders Index. But now I want to dig deeper into one of the most revealing ways to look at ISM data; plotting Manufacturing Orders vs Inventory.

Not to diminish the importance of the rest of the ISM data, but we do look more closely at some additional data for the manufacturing sector that is vital to...