ISM Index Up To 58.6 in Dec

Siegel, Gary E.
January 2005
Bond Buyer;1/4/2005, Vol. 351 Issue 32042, p2
Trade Publication
The article focuses on the report released by the Institute for Supply Management, which reports that the US economy has expanded for the 38th straight month in December, while the manufacturing sector expanded for the 19th time in as many months. According to the report, the index increased to 58.6 in December from 57.8 in November. However, economists predict that this index would rise to 59.0. Furthermore, the production index declined in December, reading 56.9, off from 57.0 the previous month, and the new orders index jumped to 67.4 last month from 61.5 in November.


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