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ISM Index Remains Unchanged in April at 48.6% |
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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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