March ISM Index at 50.9, Down From 52.3 in Feb

Siegel, Gary E.
April 2007
Bond Buyer;4/3/2007, Vol. 359 Issue 32600, p2
Trade Publication
The article reports on the survey conducted by Institute for Supply Management (ISM) revealing that the overall economy grew for the 65th straight month, while the manufacturing sector expanded for the third time in five months. Based on ISM's report, its index decreased to 50.9 in March from 52.3 in February 2007. According to chairman Norbert J. Ore, manufacturing improved slightly in March as the PMI reflected growth for the second consecutive month.


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