U.S. Industry Quarterly Review: Manufacturing & Mining

October 2003
U.S. Industry Quarterly Review: Manufacturing & Mining;2003 4th Quarter, p17
Industry Profile
Industry Overview
The article presents an overview of recent trends in the U.S. manufacturing industry. As per forecasts, manufacturing activity is on an upward trend. The Institute of Supply Management's index for manufacturing activity rose slightly to 63.6 in January, up from 63.4 in December. Actual production did expand at a faster pace, with the 71.1 reading-the strongest since December 1983 and the ninth consecutive month of growth. While recovery in high-technology industries is well underway, traditional manufacturing is beginning to turn around. Brighter days are ahead for both high-tech and traditional manufacturing.


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