January ISM Factory Index Accelerates to 60.8

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., [...]
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