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Non-Tech : The ENRON Scandal

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To: Mephisto who started this subject	10/1/2002 1:20:29 PM
From: Mephisto	Read Replies (1) of 5185

Manufacturing Shrinks, 1st Time Since Jan Tue Oct 1,11:55 AM ET dailynews.yahoo.com By Ross Finley The following is an excerpt: NEW YORK (Reuters) - "U.S. manufacturing contracted slightly in September for the first time in eight months, a report said on Tuesday, signaling the stagnation that spread across the nation's factories this summer is persisting. Manufacturing executives said they were worried about the impact on business of higher energy costs and a possible U.S. war on Iraq. Desperate to salvage profits, they fired more workers, extending a two-year trend The Institute for Supply Management said its index of business conditions in factories, the first major monthly read on the U.S. economy, fell in September to 49.5 from 50.5 in both August and July." dailynews.yahoo.com

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