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Tag: "factories"

Manufacturing Up as Factories Stop Cutting Inventories

Manufacturing Up as Factories Stop Cutting Inventories

As an almost total surprise, the Institute for Supply Management’s factory index(NAPMPMI:IND) rose to its highest level in three years.   The 55.7 level indicates stronger growth in manufacturing than any economists had predicted.  Most were looking for between 50 and 55. The index is based on a survey of manufacturing executives.  Taken by itself, this […]