Manufacturing index declines

Publish date
03/01/2010
Source
CNN Money
Main Category
Economy - US
Article Summary

The index of national factory activity fell 1.9-points from January to post 56.5 in February, indicating slower improvement in the sector.  The index experienced a 6.4-point decline to 59.5 in its index of new orders for manufactured goods, while its index of employment improved 2.8-points.  Conducted by the Institute of Supply Management, the index considers all scores above 50 to indicate growth in the sector.

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