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Politics : PRESIDENT GEORGE W. BUSH

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To: pompsander who wrote (761808)5/1/2007 12:26:17 PM
From: Hope Praytochange  Read Replies (1) of 769670
 
U.S. Manufacturing Sector Expands :news demoRATS hate to read

By THE ASSOCIATED PRESS
Published: May 1, 2007
Filed at 12:11 p.m. ET

NEW YORK (AP) -- The nation's manufacturing sector showed surprising strength in April, growing at a faster-than-expected pace and pushing up prices for fuel, metals and corn-based products, a trade group said Tuesday.

The Institute for Supply Management, based in Tempe, Ariz., said its manufacturing index registered 54.7, above the March reading of 50.9 and Wall Street's expectation of 51. It was the highest reading in 11 months, when it also registered 54.7.

A reading above 50 indicates growth for the sector, while a reading below 50 indicates contraction.
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