ISM Index Rises To 57.8 in Nov

Siegel, Gary E.
December 2004
Bond Buyer;12/2/2004, Vol. 350 Issue 32021, p2
Trade Publication
The article reveals that overall economy expanded for the 37th straight month in October, while the manufacturing sector expanded for the 18th time in as many months, the Institute for Supply Management reported yesterday. According to the ISM's monthly report on business, the ISM index increased to 57.8 in November from 56.8 in October. Economists polled by IFR BondData America predicted the index would slip to 55.8. An index reading below 50 signals a slowing economy, while a level above 50 suggests expansion


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