Napm Quotes

We saw a lot of strength in the manufacturing sector in the NAPM report. That's why you saw bond yields rise today. - Charles Reinhard

This party is full of stars. They will all have their chance to shine. - Roger Knapman

They're (investors) getting more confident in the economy yet I still say this is more of a psychological bottom put into effect... There's a good reason to believe that some profit-taking is in order ahead of the NAPM (National Association of Purchasing Mangers) numbers. - Barry Hyman

The number was stronger than what people were looking for on the non-manufacturing NAPM... It is going to make it really hard for the Fed to keep talking that the economy is fragile. - John Roberts

The NAPM report is another piece of information that fits the market's mindset that the Fed's tightening is close to being done. - Joe LaVorgna

The NAPM number was stronger-than-expected but was still under 50, which means a contraction, and there was a big jump in new orders. That was very encouraging. But that doesn't mean that we've hit a bottom, not until we get over 50. - Steve East

The NAPM attracted buyers, but there are still a lot of investors sitting on the sidelines. Benign inflation data is the catalyst that could bring buyers back out. The market will trade up and down -- sideways -- until the [Federal Open Market Committee] meeting. - Bob Basel

The manufacturing sector is going to continue to show bad news over the next three to six months, but if we get the indication that consumers are starting to buy more, then things like the NAPM will start to reverse themselves later this year. - John Forelli

The friendly data such as the decline in the NAPM non-manufacturing added support. - Bill Sullivan

The expectation is that the NAPM numbers should continue to improve and that the manufacturing recession is hopefully going away. - Sung Won Sohn