One potential consequence of an economy that is growing at a slow pace is the higher likelihood that reported economic data has a tendency to conflict with some of the other economic reports. An example of this is the report on manufacturing activity released on Monday. Both the Institute for Supply Management (ISM) and Markit reported November Purchasing Manager Index data, with the ISM PMI report coming in at 48.1%, down from October's reading of 48.3%. The Markit PMI was reported at 52.6% up from October's reading of 51.3%. As the below chart shows, the