USA: ISM goes sideways
Fri, May 2 2008, 07:44 GMT
by Peter Possing Andersen
Danske Bank A/S
Overview: The ISM manufacturing index was unchanged in April at 48.6. Although contracting moderately, the recent months of data suggest that the manufacturing sector continues to hold up quite well compared to other parts of the economy. Again the survey sent a message of continued significant price pressures in the production pipeline.
Published on
Fri, May 2 2008, 07:45 GMT
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