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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: Haim R. Branisteanu who wrote (14452)11/1/2004 10:40:00 AM
From: mishedlo  Read Replies (1) of 116555
 
U.S. Oct. ISM 56.8% vs. 58.9% expected By Rex Nutting
WASHINGTON (CBS.MW) -- The U.S. manufacturing sector expanded for the 18th straight month in October, the Institute for Supply Management said Monday. The ISM index fell to 56.8 percent from 58.5 percent in September. Economists were expected the closely watched index to rise to 58.9 percent. Readings over 50 percent indicate growth in the sector. The new orders index rose to 58.3 percent from 58.1 percent. The production index fell to 58.9 percent from 61.6 percent and the employment index fell to 54.8 percent from 58.1 percent. The prices paid index rose to 78.5 percent from 76.0 percent.

cbs.marketwatch.com
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