ISM Non-Mfg Index Hits 59.8% In Feb

Siegel, Gary E.
March 2005
Bond Buyer;3/4/2005, Vol. 351 Issue 32083, p2
Trade Publication
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.


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