The Last Time New Orders Collapsed Like This, It Was Right After 9-11

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		Tech Science Entertainment Wall Street Markets Strategy Sports Lifestyle Politics Law International Video Latest Monday, July 2, 2012 CHART OF THE DAY: The Last Time New Orders Collapsed Like This, It Was Right After 9-11 We just mentioned that the June ISM report contained two stunning numbers: One was the collapse in prices paid (signaling deflation) and the other was the collapse in New Orders. Here's some perspective. This chart shows the change in the New Orders Index compared to the previous months. As you can see, this was one of the worst months in history. The last time there was a worse decline, it was right after 9-11 and the time before that it was in the early 80s. Read » Also On Money Game Today: STOCKS GO NOWHERE AFTER A TON OF ECONOMIC NEWS: Here's What You Need To Know CHART: Actually, Obamacare Is Nowhere Close To America's Largest Ever Tax Increase Here's Why UBS Just Slashed Its Year-End S&P 500 Target By 100 Points Check Out A Hedge Funder's Huge, Bullish Case For Buying Bank Of America Advertisement CHART OF THE DAY: The Most Important Chart In Europe Just Had Its Best Day Since 1993 CHART OF THE DAY: Major Hospital Stock Surges Like Crazy After Supreme Court Ruling CHART OF THE DAY: State And Local Governments Are Holding Back The Economy Share this: Facebook Twitter Digg Reddit StumbleUpon LinkedIn The email address for your subscription is: ipat39@gmail.com Change Your Email Address | Unsubscribe | Subscribe | Subscribe to the Money Game RSS Feed Business Insider. 257 Park Avenue South, New York, NY 10010 Terms of Service | Privacy Policy

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