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Market Update : 
ISM Index Remains Unchanged in April at 48.6%
Author: 123jump.com Staff
123jump.com
Last Update: 10:29 AM EDT May 01 2008


Manufacturing failed to grow for the third consecutive month in April as the PMI registered 48.6%, the same as in March. A reading above 50% indicates that the manufacturing economy is generally expanding; below 50% indicates that it is generally contracting.

 

 

 

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