ISM Says Non-Manufacturing Improved in September 2010 – WRONG!

The Institute of Supply Management (ISM) says in September 2010, their non-manufacturing members believe that conditions are improving month-over-month (MoM).  The ISM survey methodology lacks statistical sampling quantification so a small company’s opinion carries the same weight as a large company. This month, however, the ISM’s shotgun methodology has missed the big picture.   In …