January ISM Factory Index Accelerates to 60.8
February 01, 2011 at 11:15 AM EST
U.S. manufacturing unexpectedly accelerated in January at the fastest pace since May 2004. The Institute for Supply Management’s factory index increased to 60.8, up from 58.5% in December. The consensus was for a reading of 57.9%. From the ISM: January 2011 Manufacturing ISM Report: The report was issued today by Norbert J. Ore, CPSM, C.P.M., [...]