TITLE

ISM Non-Mfg Index Hits 59.8% In Feb

AUTHOR(S)
Siegel, Gary E.
PUB. DATE
March 2005
SOURCE
Bond Buyer;3/4/2005, Vol. 351 Issue 32083, p2
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that the Institute for Supply Management's non-manufacturing business activity composite index rose to 59.8% in February 2005 from 59.2% in January 2005, on a seasonally adjusted basis. Economists polled by IFR BondData Americas had expected a 60.0% level. An index reading below 50% signals a slowing economy, while a level above 50% suggests expansion.
ACCESSION #
16314267

 

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