TITLE

ISM Up For December

AUTHOR(S)
Hogsett, Don
PUB. DATE
January 2005
SOURCE
Home Textiles Today;1/10/2005, Vol. 26 Issue 18, p52
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that climbing out of an earlier trough, the U.S. manufacturing sector grew for a second straight month in December 2004 and the sector appears poised to get the new year off to a strong start, the nation's purchasing managers reported. The Institute for Supply Management (ISM) said its monthly gauge of manufacturing activity was up 0.8 percent during December to a level of 58.6 after gaining 1 percent last month. Any reading above 50 indicates expansion, while beneath points to a weakening in the sector, one of the biggest drivers of the U.S. economy.
ACCESSION #
15616903

 

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