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Strategies & Market Trends : Strictly: Drilling II

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To: Frank Pembleton who wrote (5981)1/3/2002 6:54:02 AM
From: Frank Pembleton  Read Replies (2) of 36161
 
U.S. Economy: Manufacturing Index Rose to 48.2
By Carlos Torres

Washington, Jan. 2 (Bloomberg) -- An index of U.S. manufacturing rose last month to the highest level since October 2000 as new orders and production increased, a sign factories are starting to recover from a 17-month slump.

The manufacturing index of the Institute for Supply Management, formerly known as the National Association of Purchasing Management, increased to 48.2 last month from 44.5. A month after the September terrorist attacks slowed business, the index was the lowest since February 1991.
quote.bloomberg.com
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